Press Releases

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Source: AeroVironment Inc. 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. MONROVIA, Calif., Dec. 15, 2008 - AeroVironment, Inc. (AV) (NASDAQ: AVAV) today announced that the General Directorate for Aircraft Weapon Systems (MoD - Italy) has issued a Military Aircraft Type-Classification Certificate for the Raven B unmanned aircraft system, the first such certificate issued in Italy in the Micro-Unmanned Aerial Vehicle category. This certificate permits Italian military personnel to fly Raven in Italy's national airspace.   -> View More

Source: AeroVironment Inc. MONROVIA, Calif., August 20, 2008 -- AeroVironment, Inc. (AV) (NASDAQ: AVAV) announces the receipt of $4.6 million in funding from the Defense Advanced Research Projects Agency (DARPA) to develop a small Unmanned Aircraft System (UAS) capable of performing "hover/perch and stare" missions. The Stealthy, Persistent, Perch and Stare (SP2S) UAS is based on AV's small Wasp UAS, a one-pound, 29-inch wingspan battery-powered air vehicle that is being procured and deployed by both the U.S. Air Force and the U.S. Marine Corps.   -> View More

Source: AeroVironment Inc. MONROVIA, Calif., July 2, 2008 - AeroVironment, Inc. (AV) (NASDAQ; AVAV) today announced the U.S. Special Operations Command (USSOCOM) has selected Puma AE as its All Environment Capable Variant (AECV) solution to the Small Unmanned Aircraft System (UAS) requirement. The one-year Indefinite Delivery Indefinite Quantity (IDIQ) contract, with four one-year options, has a maximum value of $200,000,000, and provides for the purchase of aircraft, ground control systems, spares, repairs and training under a combination firm fixed-price, cost-plus-fixed-fee and cost reimbursable arrangement. The initial delivery order is valued at $6 million and is fully funded.   -> View More

Source: AeroVironment Inc. MONROVIA, Calif., May 30, 2008 -- AeroVironment, Inc. (AV) (NASDAQ: AVAV) today announced that The Netherlands Ministry of Defence, acting through its Defense Materiel Organization (DMO), has awarded AV a contract for RQ-11B (Raven) small unmanned aircraft systems. The order includes new aircraft systems as well as training, logistics support, and airworthiness certification. Each Raven system typically consists of three aircraft, a ground control station, a remote video terminal, system spares, and related services. The total award value is $7.7 million and is fully funded.   -> View More

Source: AeroVironment Inc. MONROVIA, Calif., May 27, 2008 -- AeroVironment, Inc. (AV) (NASDAQ: AVAV) today announced it has been awarded a Phase II contract by the Defense Advanced Research Projects Agency (DARPA) to design and build a flying prototype for the Nano Air Vehicle (NAV) program.   -> View More

Source: AeroVironment Inc. MONROVIA, Calif., March 6, 2008 -- AeroVironment (AV) (NASDAQ:AVAV), a leader in unmanned aircraft systems (UAS) and efficient electric energy systems, today announced that it has flown its Puma small unmanned aircraft for over nine hours, powered by an onboard fuel cell battery hybrid energy storage system. This broke the previous announced Puma flight record of over seven hours. A two-camera payload system provided a live, streaming video feed from the Puma, the largest of AV's portfolio of small unmanned aircraft systems that also includes Raven and Wasp. The nine-hour flight duration more than triples the duration of Puma's standard battery-only operation.   -> View More

Source: AeroVironment Inc. MONROVIA, Calif., Feb. 7, 2008 -- AeroVironment, Inc. (AV) (NASDAQ: AVAV), a leader in unmanned aircraft systems and efficient electric energy systems, today announced that the U.S. Army has ordered additional RQ-11B (Raven) small unmanned aircraft systems (UAS) and associated services by the exercise of an option under an existing contract. Each Raven system typically consists of three aircraft, a ground control station, system spares, and related services. The total award value is $45.8 million and is fully funded.   -> View More

Source: AeroVironment Inc. MONROVIA, Calif., Jan. 3, 2008 - AeroVironment, Inc. (AV) (NASDAQ: AVAV), a leader in unmanned aircraft systems and efficient electric energy systems, today announced that the United States Air Force BATMAV (Battlefield Air Targeting Micro Air Vehicle) program has received Milestone C approval and authorization for Full Rate Production. The BATMAV program achieved these two significant milestones under the rigors of the United States Department of Defense 5000 Acquisition process in just over 11 months from contract award. The Air Force selected AV's Wasp III as the micro air vehicle (MAV) for its BATMAV Program in December 2006.   -> View More

Source: AeroVironment Inc. MONROVIA, Calif., Nov. 20, 2007 -- AeroVironment, Inc. (AV) (NASDAQ: AVAV), a leader in unmanned aircraft systems and efficient electric energy systems, today announced that the U.S. Marine Corps has ordered $19.3 million in BATMAV (Battlefield Air Targeting Micro Air Vehicle) systems, each consisting of two Wasp III micro air vehicles, AV's Advanced Battery Charger, spares and support services. The order followed a successful Marine Corps evaluation of Wasp systems provided by the Defense Advanced Research Projects Agency, or DARPA.   -> View More

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