Raven Industries (NASDAQ: RAVN) announced today details of its strategic plan, which include a significantly increased level of investment in targeted areas in order to drive greater earnings growth and long-term value. Over the next several years, the Company will advance two strategic platforms for growth: Raven Autonomy™ and Raven Composites™.

Raven 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.

We are dedicated to quality​ and continuous improvement ​in our service and processes at Raven. Raven Aerostar's Mary Palmer, Business Analyst I, and Paula Boschee, Contracts Manager, not only provide high-quality service; they have gone above-and-beyond to develop proposal and quotation development tools and processes that consistently generate top-notch proposals. Congratulations, Mary and Paula, for being named August's Team Member Spotlight winners!