Raven Industries Awarded Contracts for Persistent Surveillance Systems

SIOUX FALLS, S.D., Oct. 22, 2019 (GLOBE NEWSWIRE) — Raven Industries, Inc. (NASDAQ:RAVN) announced today that Raven Aerostar Technical Solutions was awarded a $5.7M contract to deliver TIF-25K® Aerostat Systems sparing hardware to six existing aerostat sites in Afghanistan. Raven Aerostar Technical Solutions was also awarded a $4.7M contract to deliver two TIF-25K Aerostat Systems and associated sparing hardware in support of two additional aerostat sites in Afghanistan. Both contracts will be delivered within the next 12 months.

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