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19.05.2025
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AV’s Tomahawk Awarded $5.1M Contract for Human-Machine Integrated Formations Project by U.S. Army RCCTO
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Tomahawk GCS, an AeroVironment (“AV”) product line specializing in autonomous and intelligent multi-domain systems, has been awarded a $5.1 million contract to support the U.S. Army Rapid Capabilities and Critical Technologies Office (RCCTO) Human-Machine Integrated Formations (HMIF) rapid prototyping project. Following a rigorous selection proces...
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13.05.2025
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AV and Dutch Ministry of Defence Expand Partnership to Modernize Puma™ UAS Fleet and Deploy Scalable Long-Endurance Systems
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AeroVironment, Inc. (“AV”) (NASDAQ: AVAV) today announced a new contract with the Dutch Ministry of Defence (MoD) to modernize the Netherlands’ Puma™ UAS fleet with expanded capabilities for enhanced situational awareness and operational effectiveness.
This press release features multimedia. View the full release here: https://www.businesswire.com...
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06.05.2025
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AV Launches Titan 4 and Expands Titan Family, Ushering in the Next Era of RF Counter-UAS Dominance
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To meet the emerging air threats of today and the rapidly evolving threats of tomorrow, AeroVironment, Inc. (“AV”) (NASDAQ: AVAV) today announced Titan 4, the next generation of its battle-proven, warfighter-trusted Counter-Unmanned Aerial Systems (C-UAS) technology. Titan 4 is a smaller, lighter, more powerful, highly extensible Radio Frequency (...
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20.10.2025
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06.05.2025
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AV Unleashes Red Dragon: A New Breed of Fully Autonomous, GPS-Denied One-Way Attack Unmanned Aircraft Systems
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AeroVironment, Inc. (“AV”) (NASDAQ: AVAV) today announced the launch of Red Dragon™, a fully autonomous capable, software-defined unmanned aircraft system (UAS) designed for one-way attack missions in high-threat, GPS-denied, and communications-degraded environments. Developed as part of AV’s expanding portfolio of tactical autonomy, Red Dragon is...
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01.05.2025
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AeroVironment and BlueHalo Complete Transaction — Creating A Global Defense Technology Leader Built for Strategic Advantage in Modern Warfare
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AeroVironment, Inc. (“AV”) (NASDAQ: AVAV) announced today the successful completion of the transaction between AeroVironment, Inc. and BlueHalo, LLC (“BlueHalo”), advancing its position as a global defense technology leader with integrated capabilities across air, land, sea, space, and cyber.
“We are excited to complete the acquisition of BlueHal...
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21.04.2025
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AV Secures $46.6M Contract with Italian Ministry of Defence for Combat-Proven JUMP 20 VTOL Aircraft System
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AeroVironment (AV), a global leader in intelligent, multi-domain autonomous systems, today announced it has been awarded a $46.6M contract by the Italian Ministry of Defence (MOD) for the delivery of its JUMP® 20 vertical takeoff and landing (VTOL) medium uncrewed aircraft system (MUAS). The five-year contract encompasses the procurement of JUMP 2...
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01.04.2025
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AeroVironment Stockholders Approve Acquisition of BlueHalo
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AeroVironment, Inc. (NASDAQ: AVAV) (“AV” or the “Company”) today announced that its stockholders have approved the issuance of AV common stock in connection with the Company’s pending acquisition of BlueHalo LLC (“BlueHalo”) at a Special Meeting of Stockholders held earlier today.
“Stockholder approval marks an important milestone as we move forw...
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27.03.2025
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AV Awarded Major Contract to Deliver Advanced Uncrewed Ground Vehicles to the German Federal Armed Forces
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AV, through its wholly owned subsidiary Telerob, has been awarded a significant contract to deliver 41 large-sized advanced EOD/IED uncrewed ground vehicles (UGV) to the German Federal Armed Forces. Initial deliveries are scheduled for summer 2025, with additional orders extending through 2027.
This press release features multimedia. View the full...
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20.03.2025
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US Drone Surveying Market Expected to Realize Double-Digit Market Growth Predicted to Reach $2.54 Billion By 2033
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FN Media Group News Commentary
PALM BEACH, Fla., March 20, 2025 /PRNewswire/ -- The drone industry as a whole has been on a technological improvement spree for a quite long time. The drone industry has witnessed multiple breakthroughs in its uses and operations. The drone market is flooded with companies providing an abundance of drone-related pr...
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20.03.2025
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US Drone Surveying Market Expected to Realize Double-Digit Market Growth Predicted to Reach $2.54 Billion By 2033
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FN Media Group News Commentary
PALM BEACH, Fla., March 20, 2025 /CNW/ -- The drone industry as a whole has been on a technological improvement spree for a quite long time. The drone industry has witnessed multiple breakthroughs in its uses and operations. The drone market is flooded with companies providing an abundance of drone-related products...
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14.03.2025
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AV’s Cutting-Edge One-Way Attack UAS Secures DIU Backing Under Project Artemis
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AeroVironment (AV), the leader in defense technology, has secured a contract with the Defense Innovation Unit (DIU) to accelerate the deployment of next-generation autonomous precision munitions.
As part of its strategic expansion into a new sector of the multi-billion-dollar defense market, AV has been awarded an Other Transaction Authority (OT)...
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04.03.2025
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AeroVironment Announces Fiscal 2025 Third Quarter Results
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AeroVironment, Inc. (“AeroVironment” or the “Company”) reported today financial results for the fiscal third quarter ended January 25, 2025.
Third Quarter Highlights:
Record funded backlog of $763.5 million as of January 25, 2025
Third quarter revenue of $167.6 million down 10% year-over-year
Third quarter net loss of $(1.8) million and non...
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18.02.2025
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AeroVironment, Inc. to Announce Third Quarter Fiscal Year 2025 Earnings and Host Conference Call
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AeroVironment, Inc. (NASDAQ: AVAV) will report its financial results for the third quarter of fiscal year 2025, which ended January 25, 2025, after the market closes on Wednesday, March 4, 2025. Management will host a conference call and live audio webcast at 4:30 p.m. Eastern Time that same day to discuss the results.
The call will be led by Wah...
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17.02.2025
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AV Unveils JUMP 20-X: Revolutionizing Autonomous Maritime Operations with Unmatched Precision and Versatility
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AeroVironment (AV), a global leader in intelligent, multi-domain autonomous solutions, today announced the launch of the JUMP® 20-X, a next-generation, modular Group 3 uncrewed aircraft system (UAS) designed to meet the dynamic demands of modern warfare. Setting a new benchmark for autonomous maritime operations, the JUMP 20-X delivers unrivaled v...
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13.02.2025
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AV Expands U.S. Manufacturing in Salt Lake City, Utah with FreedomWerx, a State-of-the-Art Facility Driving Innovation and Growth
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AeroVironment (AV), the leader in autonomous and intelligent multi-domain systems, today announced the establishment of FreedomWerx, a state-of-the-art advanced manufacturing facility in Salt Lake City, Utah.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250213725715/en/New 200,000-sq...
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10.02.2025
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AV’s JUMP 20 Selected by Danish Defence Acquisition and Logistics Organisation for Tactical UAS Program of Record
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AeroVironment (AV), through its wholly owned subsidiary Arcturus UAV, has been awarded a contract by the Danish Defence Acquisition and Logistics Organisation (DALO) with a contract ceiling value of $181 million to deliver the JUMP® 20 medium uncrewed aircraft system (UAS) to the Danish Armed Forces. This 10-year program of record will equip the D...
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03.02.2025
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AV Secures $288 Million Delivery Order on $990 Million Contract with U.S. Army
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AeroVironment (AV), a global leader in intelligent, multi-domain robotic systems, today announced it has been awarded its third delivery order totaling $288 million of Switchblade® loitering munition systems as part of U.S. Army’s Directed Requirement (DR) for Lethal Unmanned Systems (LUS). The delivery is part of a 5-year Indefinite Delivery, Ind...
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13.01.2025
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AV Announces Second Delivery Order on $990 Million Contract with U.S. Army
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AeroVironment (AV), a global leader in intelligent, multi-domain robotic systems, today announced it has been awarded its second delivery order totaling $55.3 million of Switchblade® loitering munition systems as part of U.S. Army’s Directed Requirement (DR) for Lethal Unmanned Systems (LUS). The delivery is part of the 5-year contract from Army C...
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17.12.2024
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U.S. GAO Denies Protest of $990 Million Switchblade Systems Contract
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The U.S. Government Accountability Office (GAO) has denied the protest filed on September 6, 2024, challenging the U.S. Army’s sole-source award of a $990 million contract for AV’s Switchblade systems.
This decision reaffirms confidence in the integrity of the Army’s procurement process and its thorough evaluation of operational requirements. AV...
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04.12.2024
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AeroVironment Announces Fiscal 2025 Second Quarter Results
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AeroVironment, Inc. (“AeroVironment” or the “Company”) reported today financial results for the fiscal second quarter ended October 26, 2024.
Second Quarter Highlights:
Record second quarter revenue of $188.5 million up 4% year-over-year
Second quarter net income of $7.5 million and non-GAAP adjusted EBITDA of $25.9 million
Funded bac...
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19.11.2024
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Shareholder Alert: Ademi LLP investigates whether AeroVironment, Inc. is obtaining a Fair Price for its Public Shareholders
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Ademi LLP is investigating AeroVironment (NASDAQ: AVAV) for possible breaches of fiduciary duty and other violations of law in its transaction with BlueHalo.
Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you....
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19.11.2024
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AVAV Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of AeroVironment, Inc. Is Fair to Shareholders
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Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of AeroVironment, Inc. (NASDAQ: AVAV) and BlueHalo LLC is fair to AeroVironment shareholders. Per the terms of the proposed transaction, AeroVironment will issue approximately 18.5 million shares of AeroVironment common stock to BlueHalo. Upon closing of the propose...
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19.11.2024
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AeroVironment to Acquire BlueHalo Establishing Next-Generation Defense Technology Company
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AeroVironment, Inc. (NASDAQ: AVAV) (“AV” or the “Company”) and BlueHalo LLC (“BlueHalo”) today announced the execution of a definitive agreement under which AV will acquire BlueHalo in an all-stock transaction with an enterprise value of approximately $4.1 billion, creating a more diversified global leader in all-domain defense technologies. The c...
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© BusinessWire
15.11.2024
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AeroVironment, Inc. to Announce Second Quarter Fiscal Year 2025 Earnings and Host Conference Call
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AeroVironment, Inc. (NASDAQ: AVAV) will report its financial results for the second quarter of fiscal year 2025, which ended October 26, 2024, after the market closes on Wednesday, December 4, 2024. Management will host a conference call and live audio webcast at 4:30 p.m. Eastern Time that same day to discuss the results.
The call will be led b...
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© BusinessWire
14.11.2024
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AV Unveils Advanced Software Updates to Enhance Puma UAS Capabilities in Contested Environments
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AeroVironment (AV) announces a powerful suite of software updates, called Project GOLD, that elevate the battlefield effectiveness of its Puma™ 3 AE and Puma™ LE, in contested environments. The new updates bolster the Puma uncrewed aircraft systems (UAS) to maintain reliable navigation and mission performance even when GNSS and communications sign...
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15.10.2024
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AV Showcases JUMP 20’s Advanced Maritime Capabilities at NATO REPMUS Demonstration
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AeroVironment (AV) successfully showcased the maritime prowess of its combat-proven JUMP® 20 uncrewed aircraft system (UAS) during the NATO REPMUS 2024 (Robotic Experimentation and Prototyping using Maritime Uncrewed Systems) exercise off the coast of Portugal. This dynamic demonstration reinforced JUMP 20’s advanced Intelligence, Surveillance, an...
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© BusinessWire
14.10.2024
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AV Secures $743 Million Additional Contract Ceiling for Switchblade Loitering Munition Systems
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AeroVironment (AV), a global leader in intelligent, multi-domain robotic systems, announced today that the U.S. Army has awarded a $54.9 million delivery order for the production of Switchblade® loitering munition systems. The recently announced award includes an additional contract ceiling of $743 million with $54.9 million in new funding. This c...
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14.10.2024
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AV Unveils P550: Autonomous Group 2 eVTOL UAS, Ushers in a New Era of Battlefield Adaptability and Mission Flexibility for Maneuver Forces
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AeroVironment (AV) has introduced the P550™ advanced autonomous Group 2 eVTOL uncrewed aircraft system (UAS) designed to set a new standard for battlefield adaptability and operational readiness. Leveraging a Modular Open Systems Approach (MOSA) and AI-driven autonomy, P550 is engineered to empower maneuver forces to quickly respond to evolving mi...
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© BusinessWire
07.10.2024
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AV Showcases Next-Generation Defense Robotics at DEVCON 2024 in Orlando
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AeroVironment (AV), a global leader in intelligent, multi-domain robotic systems, hosted the inaugural Defense Robotics Developers Conference (DEVCON) in Orlando, Florida. The premier event brought together key stakeholders in defense robotics to explore the latest innovations in uncrewed systems and promote collaborative advancements in technolog...
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© BusinessWire
01.10.2024
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AV Successfully Flight Tests New Solar-Powered Aircraft, Redefines Stratospheric Payload Capabilities
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AeroVironment (AV) flight-tested an upgraded Sunglider™, enhancing its High-Altitude Platform-Station (HAPS) capabilities for commercial and government markets. The result is Horus™ A, the new version of Sunglider for government applications. Horus A is a solar-powered UAS capable of carrying up to 150 lb of payload with 1.5 kW of available power,...
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© BusinessWire
04.09.2024
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AeroVironment Announces Fiscal 2025 First Quarter Results
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AeroVironment, Inc. (“AeroVironment” or the “Company”) reported today financial results for the fiscal first quarter ended July 27, 2024.
First Quarter Highlights:
Record first quarter revenue of $189.5 million up 24% year-over-year
First quarter net income of $21.2 million and adjusted EBITDA of $37.2 million
In August 2024 awarded U.S...
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© BusinessWire
28.08.2024
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AV Secures $990M Contract to Supply U.S. Army with Switchblade Loitering Munitions
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AeroVironment (AV) has been awarded a contract for the U.S. Army’s Directed Requirement (DR) for Lethal Unmanned Systems (LUS). The 5-year contract from Army Contracting Command-Aberdeen Proving Ground is Indefinite Delivery, Indefinite Quantity (IDIQ) with a contract ceiling value of $990M. Deliveries of the Switchblade® systems are expected to b...
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21.08.2024
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AeroVironment, Inc. to Present at the Jefferies Industrials Conference
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AeroVironment, Inc. (NASDAQ: AVAV) will be participating in the upcoming Jefferies Industrials Conference in New York City, September 5. AeroVironment’s chairman, president and chief executive officer, Wahid Nawabi and senior vice president and chief financial officer, Kevin McDonnell will present at the event on September 5 at 9:15 a.m. ET | 8:15...
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20.08.2024
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AeroVironment, Inc. to Announce First Quarter Fiscal Year 2025 Earnings and Host Conference Call
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AeroVironment, Inc. (NASDAQ: AVAV) will report its financial results for the first quarter of fiscal year 2025, which ended July 27, 2024, after the market closes on Wednesday, September 4, 2024. Management will host a conference call and live audio webcast at 4:30 p.m. Eastern Time that same day to discuss the results.
The call will be led by W...
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© PR Newswire
11.03.2024
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Thinking about buying stock in Skywater Technology, Orion Group, NKGen Biotech, Porch Group, or AeroVironment?
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NEW YORK, March 11, 2024 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for SKYT, ORN, NKGN, PRCH, and AVAV.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObser...
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