News & Articles

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Source: AeroVironment Inc.

AeroVironment Awarded $41.7 Million Contract Option for Raven® Small Unmanned Aircraft Systems and Support Services

February 04, 2009
MONROVIA, Calif., Feb. 4, 2009 - AeroVironment, Inc. (AV) (NASDAQ: AVAV) today announced that the U.S. Army has ordered additional RQ-11B Raven® small unmanned aircraft systems (UAS) and associated services for its fiscal year 2009 requirements by the exercise of an option under an existing contract. Each Raven® system typically consists of three aircraft, two ground control stations, and spares. The aggregate order value is $41.7 million and is fully funded.   -> View More

Source: AeroVironment Inc.

AeroVironment’s AV 900 is the Centerpiece of Advanced Battery Research Lab in Detroit

January 30, 2009

Ricardo Inc. opens a $2 million battery systems development center outside of Detroit, a facility the engineering firm considers state-of-the-art for the burgeoning research field. "We think the linchpin to electric vehicles and hybrids is batteries, and that's what this lab is all about," says Ricardo President Dean Harlow.

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Source: AeroVironment Inc.

A Balanced Strategy, by U.S. Secretary of Defense Robert M. Gates

January 21, 2009
The defining principle of the Pentagon's new National Defense Strategy is balance. The United States cannot expect to eliminate national security risks through higher defense budgets, to do everything and buy everything. The Department of Defense must set priorities and consider inescapable tradeoffs and opportunity costs.   -> View More

Source: AeroVironment Inc.

Obama’s Shift on Afghan War Lets AeroVironment Climb

January 16, 2009
Jan. 16 (Bloomberg) - AeroVironment Inc., maker of the unmanned drones that Barack Obama called "revolutionary" technology, is expecting a boost in orders when the new administration in Washington shifts the focus of the U.S. war on terror to Afghanistan. "The president-elect has indicated" the importance of drones for the 21st century battlefield, Chief Executive Officer Tim Conver said in an interview. "Unmanned aircraft systems have proven to be hugely effective in Afghanistan."   -> View More

Source: AeroVironment Inc.

Military Maneuvers

January 14, 2009
Forbes.com - Contrary to rumors, Obama will not eliminate the Defense Department. Here are some contractors that could prosper even in a Democratic Administration.   -> View More

Source: AeroVironment Inc.

AeroVironment Added to S&P SmallCap 600 Index

January 14, 2009
AeroVironment will be added to the S&P SmallCap 600 GICS Aerospace & Defense Sub-Industry index.   -> View More

Source: AeroVironment Inc.

Nestle North America Implements AeroVironment's PosiCharge® Fast Charge Systems in Distribution and Manufacturing Facilities

January 12, 2009
CHICAGO, At ProMat, Jan. 12, 2009 - AeroVironment, Inc. (AV) (NASDAQ:AVAV) today announced that it has installed more than 200 of its PosiCharge fast charge systems at Nestle facilities throughout North America. These fast charge systems support electric material handling fleets in more than 14 Nestle facilities.   -> View More

Source: AeroVironment Inc.

AeroVironment Unveils New PosiCharge® Fast Charge and Opportunity Charge Systems and Accessories

January 12, 2009
CHICAGO, at ProMat, Jan. 12, 2009 - AeroVironment, Inc. (AV) (NASDAQ: AVAV), the leading supplier of industrial fast charge systems in North America, today unveiled a series of new PosiCharge® fast charge systems, accessories and opportunity charge systems for industrial electric vehicles, including the LP Meter, a data collection device that eases the conversion of propane trucks to electric power.   -> View More

Source: AeroVironment Inc.

ASU Salvages Old Building for New School of Sustanability

January 06, 2009
The renovation was led by the design team of Lord, Aeck & Sargent and Gould Evans Associates; they're anticipating LEED Silver certification and did it all with a $6 M budget. Now complete, it will be used for Arizona State University's Global Institute of Sustainability and a newly formed School of Sustainability. In terms of performance, the Institute is anticipated to save 18.7% on energy and 50.3% on water use compared with its baseline usage -- plus, it's been outfitted with six, hard-to-miss, state-of-the-art AeroVironment parapet turbines.   -> View More

Source: AeroVironment Inc.

A Cleaner Way to Keep the City Running

January 02, 2009
For centuries, grist-grinders and sailors have exploited the wind. Now, New York developers, homeowners and city leaders might be coming around. A handful of buildings are already drawing electricity from wind turbines, which typically resemble table fans, or mounted airplane propellers. Unlike some of the skyscraping versions that dot rural hillsides, small turbines supply power directly to homes without first sending it through a utility company's lines.   -> View More

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