Press Releases

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Source: AeroVironment Inc. Key Milestone Achieved in Development and Testing of First Unmanned Aircraft System to Offer Seamless Persistence Without Latitude Restrictions

MONROVIA, Calif., Aug. 11, 2010 -- AeroVironment, Inc. (AV) (NASDAQ:AVAV) announced that a full size wing developed as part of the Global Observer® Joint Capability Technology Demonstration (JCTD) program has successfully completed a series of Wing Load Tests (WLT) in support of the Global Observer flight test program.   -> View More

Source: AeroVironment Inc. MONROVIA, Calif., June 25, 2010 --- AeroVironment, Inc. (AV) (NASDAQ: AVAV) noted in its Annual Report on Form 10-K filed on June 25, 2010 that it is currently cooperating with an investigation by the Civil Fraud Section of the United States Department of Justice with respect to certain of its billing practices.   -> View More

Source: AeroVironment Inc. Customer-Funded Development Program Proceeding Toward Flight Test Phase of First Unmanned Aircraft System Offering True "Unblinking Eye"

MONROVIA, Calif., May 25, 2010 -- AeroVironment, Inc. (AV) (NASDAQ:AVAV) today announced that the first aircraft developed under the Global Observer® Joint Capability Technology Demonstration (JCTD) program has successfully completed key ground tests in preparation for flight testing. The joint Department of Defense, NASA and AV team successfully performed ground vibration, structural and taxi tests at Edwards Air Force Base (EAFB) in California. AV developed and fabricated Aircraft 1 in its dedicated manufacturing facility located in Southern California and shipped it to EAFB in December 2009.   -> View More

Source: AeroVironment Inc. AeroVironment Receives $11.2 Million Order for Raven Unmanned Aircraft Systems and Services

MONROVIA, Calif., May 12, 2010 -- AeroVironment, Inc. (AV) (NASDAQ:AVAV) announced it received an order valued at $11,198,967 under an existing contract with the U.S. Army. The order comprises 63 new digital Raven® small unmanned aircraft systems (UAS), services supporting the Army's evaluation of the small UAS Family of Systems concept and additional engineering services.   -> View More

Source: AeroVironment Inc. AeroVironment Hires Roy Minson as Vice President of Business Development and Deputy General Manager for Unmanned Aircraft Systems

MONROVIA, Calif., April 21, 2010 -- AeroVironment, Inc. (AV) (NASDAQ:AVAV) today announced that Roy Minson, formerly an executive with SAIC and The Boeing Company, has joined AeroVironment as vice president of business development and deputy general manager of its unmanned aircraft systems (UAS) segment.   -> View More

Source: AeroVironment Inc. MONROVIA, Calif., March 31, 2010 -- AeroVironment, Inc. (AV) (NASDAQ:AVAV) today announced the resignation of Stephen C. Wright from his position as senior vice president and chief financial officer effective March 31, 2010. Wright is leaving AV to pursue other business opportunities.   -> View More

Source: AeroVironment Inc. AeroVironment Names John Grabowsky Chief Technology Officer and Tom Herring Senior Vice President/General Manager, Unmanned Aircraft Systems

MONROVIA, Calif., March 5, 2010 -- AeroVironment, Inc. (AV) (NASDAQ:AVAV) today appointed Tom Herring as senior vice president and general manager of AV's Unmanned Aircraft Systems (UAS) business segment and John Grabowsky as AV's first chief technology officer, a role that will span the company's UAS and Efficient Energy Systems (EES) business segments. Grabowsky previously served as executive vice president and general manager of UAS.   -> View More

Source: AeroVironment Inc. • AeroVironment Receives $37.9 Million in Orders for Digital Raven Unmanned Aircraft Systems, Digital Retrofit Kits, Support Services
• Orders Represent Initial Portion of Raven Funding from United States Department of Defense Fiscal 2010 Budget

MONROVIA, Calif., Feb. 23, 2010 -- AeroVironment, Inc. (AV) (NASDAQ:AVAV) announced that it received firm fixed-price orders valued at $20,731,992 for digital Raven; unmanned aircraft systems (UAS) and digital retrofit kits, and $17,141,648 for Raven system spare parts, repairs and training services for the U.S. Army and Marine Corps. The Raven system and retrofit order represents a portion of the $121 million appropriated for RQ-11 Raven system procurement in the 2010 Department of Defense Appropriations Act, which was signed into law in December 2009. The balance of government fiscal 2010 procurement funding that is anticipated to be converted into orders is proceeding through the procurement process. Typically the organizations responsible for administering this program retain a portion of approved funding to pay for program expenses and government furnished equipment.
  -> View More

Source: AeroVironment Inc. WASHINGTON, D.C., Jan. 26, 2010 -- Electric vehicle manufacturer THINK today announced that it will work with AeroVironment, Inc. (NASDAQ: AVAV) (AV), a leading developer and supplier of electric vehicle charging infrastructure, to pursue demonstration and commercial projects using AV's level III fast-charge system and the THINK City electric vehicle. The projects will be designed to jump-start the development of fast-charge infrastructure in the United States.   -> View More

Source: AeroVironment Inc. Agreement part of one-stop shop experience for EV purchase process

DETROIT (Jan. 11, 2010) -- Nissan North America (NNA) today announced its selection of AeroVironment (NASDAQ: AVAV) (AV) to supply electric vehicle home-charging stations and installation services supporting the introduction of the zero-emission, all-electric Nissan LEAF later this year.   -> View More

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