Press Releases
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.
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AeroVironment Names John Grabowsky Chief Technology Officer And Tom Herring Senior Vice President
March 05, 2010
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
AeroVironment Receives $37.9 Million In Orders For Digital Raven UAS, Digital Retrofit Kits
February 23, 2010
• 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.
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AeroVironment Receives $23.9 Million Order For Army & Marine Corps Digital Raven Systems And Kits
December 21, 2009
MONROVIA, Calif., Dec. 21, 2009 -- AeroVironment, Inc. (AV) (NASDAQ:AVAV) today announced that it received a $23,926,917 firm fixed-price order under an existing contract. This contract modification comprises digital Raven systems and kits to upgrade existing analog Raven® systems currently being used by the U.S. Army and U.S. Marine Corps with AV's digital data link. -> View More
EnerDel To Deploy AV’s Advanced Electric Vehicle Power Cycling And Test Systems At Indiana Facility
November 30, 2009
AeroVironment’s Raven Small Unmanned Aircraft System Receives Military Aircraft Type-Classification
November 03, 2009
MONROVIA, Calif., Nov. 3, 2009 - AeroVironment, Inc. (AV) (NASDAQ: AVAV) today announced that the Military Aviation Authority of the Netherlands (MLA-NLD) has issued a Military Type Certificate (MTC) for the Raven® B NLD MUAS, the first such certificate issued in the Netherlands in the Micro-Unmanned Aerial Vehicle category. This certificate permits Dutch military personnel to operate Raven systems in designated Dutch airspace. -> View More
AeroVironment Awarded U.S. Patent For Electric Vehicle Energy Data Management And Control
August 10, 2009
MONROVIA, Calif., Aug. 10, 2009 -- AeroVironment, Inc. (AV) (NASDAQ: AVAV) has been granted a patent by the United States Patent and Trademark Office for technology that facilitates the optimal charging, management, control and maintenance of battery packs, chargers and electric vehicles (EVs). Patent No. 7,444,192 builds on AV's intellectual property portfolio in its Efficient Energy Systems business segment. This segment's products include PosiCharge® systems, the leading fast charge systems for electric vehicles. -> View More
AeroVironment Delivers Near-Megawatt Scale Electric Vehicle Test System to Department of Defense for Advanced Vehicle Testing
August 04, 2009
MONROVIA, Calif., Aug 4, 2009 --" AeroVironment, Inc. (AV) (NASDAQ:AVAV) delivered its first AV-800 , a high-power, heavy-duty, near-megawatt scale electric vehicle (EV) test system to the U.S. Army Tank Automotive Research, Development and Engineering Center (TARDEC) in Warren, Michigan for advanced vehicle testing. -> View More
DARPA Awards AeroVironment Phase II Contract Extension for Nano Air Vehicle Development Program
July 01, 2009
MONROVIA, Calif., July 1, 2009 -- AeroVironment, Inc. (AV) (NASDAQ: AVAV) was awarded a Phase II contract extension in April from the Defense Advanced Research Projects Agency (DARPA) to design and build a flying prototype for the Nano Air Vehicle (NAV) program. As part of this program AV has accomplished a technical milestone never before achieved: the controlled hovering flight of an air vehicle system with two flapping wings that carries its own energy source and uses only the flapping wings for propulsion and control. -> View More
Option Exercise for Aircraft and Additional Items Builds on Successful Program Milestones, Resulting in Total Program Funding of More Than $120 Million
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