Press Releases

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Source: AeroVironment Inc. MONROVIA, Calif., Dec. 8, 2010 -- AeroVironment, Inc. (AV) (NASDAQ:AVAV) announced it received an order valued at $4,862,674 under a contract with the Norwegian Defence Logistics Organisation (NDLO). The order comprises new Raven® small unmanned aircraft systems (UAS), spares, training services and logistics support. Delivery of the systems is scheduled for early calendar 2011.   -> View More

Source: AeroVironment Inc. MONROVIA, Calif., Nov. 2, 2010 – AeroVironment, Inc. (AV) (NASDAQ:AVAV) announced today that it has received a $17,197,960 cost-plus-fixed-fee letter contract that was previously announced by the United States Army on October 22. This letter contract establishes not-to-exceed amounts for digital Puma® All Environment (AE) unmanned aircraft systems (UAS) contractor logistics support, training and accounting for contract services in support of a Joint Urgent Operational Need Statement entitled "Unmanned Aircraft Systems for Route Clearance." The services are scheduled to be delivered within the next 12 months.   -> View More

Source: AeroVironment Inc. WASHINGTON, at AUSA, Oct. 26, 2010 -- AeroVironment, Inc. (AV) (NASDAQ:AVAV) announced today that it has received a contract delivery order valued at $7,231,440 for new digital Puma® All Environment (AE) unmanned aircraft systems (UAS) and training services. The items were procured under an existing United States Special Operations Command (USSOCOM) All Environment Capable Variant (AECV) indefinite delivery/indefinite quantity (IDIQ) contract.   -> View More

Source: AeroVironment Inc. • AeroVironment's Global Observer Stratospheric Unmanned Aircraft System Completes Initial Flight Testing
• Demonstration Program Proceeding Toward Hydrogen-Fueled Flight Test Phase

WASHINGTON, at AUSA, Oct. 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 initial flight testing consisting of multiple low-altitude flights at Edwards Air Force Base (EAFB) in California. This initial flight test phase of the demonstration program employed batteries to power the hybrid-electric aircraft and to approximate full aircraft weight and center of gravity for flight control, performance and responsiveness evaluation.   -> View More

Source: AeroVironment Inc. MONROVIA, Calif., Aug. 31, 2010 -- AeroVironment, Inc. (AV) (NASDAQ:AVAV) announced today that it has received a contract delivery order valued at $35,265,662 for digital Puma® All Environment (AE) unmanned aircraft systems (UAS), spares and training services. The equipment and services were procured under the existing USSOCOM All Environment Capable Variant (AECV) indefinite delivery/indefinite quantity (IDIQ) contract. Work is scheduled to be performed within a period of several months.   -> View More

Source: AeroVironment Inc. MONROVIA, Calif., Aug. 23, 2010 -- AeroVironment, Inc. (AV) (NASDAQ:AVAV) today announced that former Teledyne and TEAC Aerospace executive Joel Hirsch has joined AeroVironment as vice president of strategic operations. Reporting to AV chairman and chief executive officer Tim Conver, Hirsch's primary role will be to consolidate and streamline procurement across the enterprise and identify and implement strategic opportunities to improve company-wide operating efficiency.   -> View More

Source: AeroVironment Inc. Flight Test Campaign Begins for First Unmanned Aircraft System Developed to Provide Uninterrupted Coverage Over Any Spot on the Globe

EDWARDS AIR FORCE BASE, Calif., Aug. 16, 2010 -- AeroVironment, Inc. (AV) (NASDAQ:AVAV) announced that the first aircraft developed under the Global Observer® Joint Capability Technology Demonstration (JCTD) program successfully completed its first flight. On August 5 Global Observer Aircraft 1001 took off from runway 04L at Edwards Air Force Base (EAFB) in California and climbed to an altitude of 4,000 feet where it performed a series of maneuvers before landing successfully one hour later.   -> View More

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

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