AVX officials announced that AVX Aircraft Company’s submission for the Joint Multi-Role Technology Demonstrator has been selected by the U.S. Army as a category one proposal. AVX is now in negotiations with the Army. JMR TD contracts are expected to be awarded by mid- September 2013.

The AVX proposal offers the capabilities the Army wants for the future fleet of utility and attack aircraft at a very attractive price. The AVX JMR aircraft has entry doors on both sides of the fuselage as well as a large rear ramp for easy cargo handling. Additionally it has retractable landing gear and the attack variant carries all armaments stored inside until needed which provides a “clean” aerodynamic design.

AVX Aircraft Company has teamed with a number of experienced aerospace companies for development of the AVX JMR design. The teaming concept has allowed AVX to keep the cost of development and eventual production of the aircraft lower than those of other offerings while maintaining a high level of performance by the aircraft.

About AVX: Founded in 2005, and headquartered in Fort Worth, Texas, AVX Aircraft Company employs helicopter industry veterans and executives. AVX has developed and has patented a unique compound helicopter configuration with coaxial rotors and dual ducted fans that combines proven technologies to achieve greater aerodynamic efficiency, speed, range, fuel efficiency, HOGE and utility than conventional helicopters.