Company To Provide Updates On Strategic Platforms For Growth Sioux Falls, S.D. (July 20, 2020) — Raven Industries, Inc. (the Company; NASDAQ:RAVN) announced today that it will host a virtual Investor Day event on Thursday, August...

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.