reports
AeroVironment Announces Fiscal 2025 First Quarter Results
ARLINGTON, Va.--(BUSINESS WIRE)-- (“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. Army Lethal Unmanned Systems Indefinite Delivery, Indefinite Quantity (“IDIQ”) with a record contract ceiling value of $990 million and initial funding of $128 million “AeroVironment has once again delivered excellent results, incl...
AV Secures $990M Contract to Supply U.S. Army with Switchblade Loiteri...
ARLINGTON, Va.--(BUSINESS WIRE)-- 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 begin in months. This press release features multimedia. View the full release here: The U.S. Army has awarded AeroVironment a contract for its Lethal Unmanned Systems Directed Requirement (Photo: AeroVironment) The L...
AeroVironment, Inc. to Present at the Jefferies Industrials Conference
ARLINGTON, Va.--(BUSINESS WIRE)-- (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 a.m. CT | 6:15 a.m. PT. The presentation will be available in the Events and Presentations section of the AeroVironment website at . ABOUT AEROVIRONMENT, INC. AeroVironment (NASDAQ: AVAV) is a global leader in intelligent multi-d...
AeroVironment, Inc. to Announce First Quarter Fiscal Year 2025 Earning...
ARLINGTON, Va.--(BUSINESS WIRE)-- (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 Wahid Nawabi, AeroVironment’s chairman, president and chief executive officer; Kevin P. McDonnell, senior vice president and chief financial officer; and Jonah Teeter-Balin, vice president of corporate development and investor relations....
René Carbone Bardorf Joins AV as VP of Marketing and Communications
ARLINGTON, Va.--(BUSINESS WIRE)-- René Carbone Bardorf has joined AeroVironment (AV) as Vice President of Marketing and Communications. In line with the company’s continuous growth trajectory, Bardorf joins to lead AV’s global strategic marketing and oversee all facets of corporate communications strategy and execution. She will be based at AV’s corporate headquarters in Arlington, Virginia, under the leadership of Senior Vice President for Government Relations and Communications, Church Hutton. This press release features multimedia. View the full release here: René Carbone Bardorf has joine...
AV Introduces New Washington Operations Team
ARLINGTON, Va.--(BUSINESS WIRE)-- In line with AeroVironment's (AV) continuous growth trajectory, the company is bolstering its presence at its global headquarters in Arlington, Virginia, by establishing a robust government relations team. Led by Senior Vice President of Government Relations Church Hutton, the new team comprises seasoned professionals Rachel Lipsey, Bill Pennington, Chris Meyers and Rocky Checca. This press release features multimedia. View the full release here: Members of AV’s Washington Operations team, pictured left to right: Rocky Checca, Rachel Lipsey, Bill Pennington a...
Taiwan to Receive AV’s Switchblade 300 Loitering Munition Systems
ARLINGTON, Va.--(BUSINESS WIRE)-- The U.S. Department of State announced approval of a possible foreign military sale of AeroVironment (AV) loitering munition systems to Taiwan for an estimated $60.2 million. The proposed sale will bolster Taiwan’s defensive capabilities and supports U.S. national security and economic interests in the Indo-Pacific region. This press release features multimedia. View the full release here: Combat-proven Switchblade 300, with patented wave-off and recommit capability, will provide Taiwanese defenders with precise maritime and land long-range lethality. (Photo...
AeroVironment Announces Fiscal 2024 Fourth Quarter and Fiscal Year Res...
ARLINGTON, Va.--(BUSINESS WIRE)-- (“AeroVironment” or the “Company”) reported today financial results for the fiscal fourth quarter and year ended April 30, 2024. Fourth Quarter and Fiscal Year Highlights: Record fourth quarter revenue of $197.0 million and fiscal year revenue of $716.7 million, up 6% and 33%, year-over-year, respectively Fourth quarter net income of $6.0 million and adjusted EBITDA of $22.2 million and fiscal year net income of $60.0 million and adjusted EBITDA of $127.8 million Company on track for nearly 12% top line growth in fiscal year 2025 with expected reve...
AV Successfully Flight Tests JUMP 20 VTOL UAS with a Heavy Fuel Engine
ARLINGTON, Va.--(BUSINESS WIRE)-- AeroVironment (AV) successfully demonstrated its uncrewed aircraft system (UAS) with a heavy fuel engine. The higher horsepower and lower fuel burn rate provided by the heavy fuel engine expands the capabilities of AV’s proven JUMP 20 platform. Integration of the heavy fuel engine further establishes the JUMP 20 as a multi-domain multi-mission UAS capable of autonomously operating in challenging conditions. This press release features multimedia. View the full release here: AV successfully demonstrated a heavy fuel engine-powered JUMP 20 uncrewed aircraft sy...
AeroVironment, Inc. Schedules Fourth Quarter and Full Fiscal Year 2024...
ARLINGTON, Va.--(BUSINESS WIRE)-- (NASDAQ: AVAV) will issue financial results for the company's fourth quarter and full fiscal year ended April 30, 2024, after the market closes on Wednesday, June 26, 2024. Management will host a conference call and live audio webcast to discuss the results at 4:30 p.m. Eastern Time. Hosting the call to review results for the fourth quarter will be Wahid Nawabi, AeroVironment’s chairman, president and chief executive officer; Kevin P. McDonnell, senior vice president and chief financial officer; and Jonah Teeter-Balin, senior director of corporate developme...
AeroVironment to Host 2024 Analyst and Investor Day in New York City o...
ARLINGTON, Va.--(BUSINESS WIRE)-- (NASDAQ: AVAV) will host its 2024 analyst and investor event in New York City on June 27 to provide stakeholders an overview of the company’s portfolio and examine long-term goals and overall business health. Management presentations and discussions will be live webcast at 8:30 a.m. ET / 5:30 a.m. PT. The event will include presentations from Wahid Nawabi, AeroVironment’s chairman, president and chief executive officer; Kevin P. McDonnell, senior vice president and chief financial officer; and other members of the executive management team. The live video...
AeroVironment to Develop its Wildcat Autonomous VTOL UAS for DARPA’s A...
ARLINGTON, Va.--(BUSINESS WIRE)-- AeroVironment (AV) was down selected by the Defense Advanced Research Projects Agency (DARPA) for continued development of its X-Plane design for the agency’s AdvaNced airCraft Infrastructure-Less Launch And RecoverY (ANCILLARY) program. AV’s offering – – is a Group 3 vertical take-off and landing (VTOL) uncrewed aircraft system (UAS) developed specifically to execute ship-based operations in challenging maritime environments. This press release features multimedia. View the full release here: AV’s Group 3 Wildcat UAS is a long-endurance, large-payload verti...
AV’s Switchblade 600 Selected for Tranche 1 of the U.S. Department of ...
ARLINGTON, Va.--(BUSINESS WIRE)-- AeroVironment’s (AV) Switchblade 600 loitering munition system has been selected for Tranche 1 of the first iteration of the U.S. Department of Defense’s (DoD) Replicator initiative. AV’s Switchblade 600 is a man-portable, extended-range loitering munition system equipped with an anti-armor warhead for engaging larger, hardened targets at greater distances. The first iteration of the Replicator initiative aims to accelerate all-domain, attritable autonomous systems to warfighters at speed and scale. This press release features multimedia. View the full releas...
AeroVironment, Inc. to Present at the Bank of America Transportation, ...
ARLINGTON, Va.--(BUSINESS WIRE)-- (NASDAQ: AVAV) will be participating in the upcoming Bank of America Transportation, Airlines and Industrials Conference in New York City, May 15-16. AeroVironment’s senior vice president and chief financial officer, Kevin McDonnell, will present at the event on May 16 at 9:30 a.m. ET/6:30 a.m. PT. The presentation will be available in the Events and Presentations section of the AeroVironment website at . ABOUT AEROVIRONMENT, INC. AeroVironment (NASDAQ: AVAV) is a global leader in intelligent multi-domain robotic systems, uncrewed aircraft and ground sy...
AV Unveils New AI Capability and Autonomy Kit for Unmanned Systems
ARLINGTON, Va.--(BUSINESS WIRE)-- AeroVironment (AV) has introduced its Autonomy Retrofit Kit (ARK) and AVACORE software demonstrating the company’s commitment to advancing autonomy and machine learning capabilities to increase effectiveness of autonomous systems and reduce operator burdens. ARK and AVACORE bring AV’s accelerated autonomy to fielded assets such as and , in addition to future autonomous systems. This press release features multimedia. View the full release here: AV's ARK and AVACORE bring accelerated autonomy to unmanned aircraft systems such as AV's Puma 3 AE and Puma LE (Ph...
AV’s Switchblade 300 Selected for U.S. Marine Corps’ Organic Precision...
ARLINGTON, Va.--(BUSINESS WIRE)-- AeroVironment (AV) was selected by the U.S. Marine Corps for the first phase of the Organic Precision Fires-Light (OPF-L) program of record. AV’s Switchblade 300 Block 20 loitering munition system (LMS) will provide the Marine Corps with organic, anti-armor/anti-personnel, precision fires capability at the tactical level. AV was awarded an initial order of $8.9M on a contract with a maximum potential value of $249M. This press release features multimedia. View the full release here: AV’s Switchblade 300 Block 20 loitering munition will provide the Marine Corp...
AV Enters Teaming Agreement with Parry Labs to Develop Modular Next-Ge...
ARLINGTON, Va.--(BUSINESS WIRE)-- AeroVironment (AV) has entered into an exclusive teaming agreement with Parry Labs, a leader in Modular Open Systems Approach (MOSA), to architect, develop, deliver and integrate digital engineering, software, and mission system hardware into AV’s upcoming P550 uncrewed aircraft system (UAS), purpose built for the U.S. Army’s Long Range Reconnaissance (LRR) program. Parry Labs’ team of MOSA leaders and digital systems experts have created a foundational platform using an open and intelligent software stack, SWaP-C optimized hardware, and a digital engineerin...
AeroVironment Announces Fiscal 2024 Third Quarter Results
ARLINGTON, Va.--(BUSINESS WIRE)-- (“AeroVironment” or the “Company”) reported today financial results for the fiscal third quarter ended January 27, 2024. Third Quarter Highlights: Record third quarter revenue of $186.6 million, up 39% year-over-year Third quarter net income of $13.9 million and adjusted EBITDA of $28.8 million, increases of $14.6 million and $5.1 million, year-over-year, respectively Funded backlog of $462.8 million as of January 27, 2024 “Once again, AeroVironment has delivered outstanding results, including a record for third quarter revenue that’s nearly 40%...
AeroVironment, Inc. Schedules Third Quarter Fiscal Year 2024 Earnings ...
ARLINGTON, Va.--(BUSINESS WIRE)-- (NASDAQ: AVAV) will issue financial results for the company's third quarter ended January 27 after the market closes on Monday, March 4. Management will host a conference call and live audio webcast to discuss the results at 4:30 p.m. Eastern Time. Hosting the call to review results for the third quarter will be Wahid Nawabi, AeroVironment’s chairman, president and chief executive officer; Kevin P. McDonnell, senior vice president and chief financial officer; and Jonah Teeter-Balin, senior director of corporate development and investor relations. Investor...
AeroVironment’s Puma 3 AE Now Offers Extended Endurance of Up To 3 Hou...
ARLINGTON, Va.--(BUSINESS WIRE)-- AeroVironment’s PS2500 battery is now approved for use in the Puma™ 3 AE unmanned aircraft system (UAS). The optional PS2500 battery allows operators to achieve extended endurance of up to three hours of flight time. The increased endurance provides operators with greater mission flexibility and time on station across land and maritime operations. This press release features multimedia. View the full release here: AeroVironment’s PS2500 battery provides Puma 3 AE unmanned aerial systems users with up to three hours of continuous flight operations. (Photo: Aer...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.