Press Releases

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Source: AeroVironment Inc. • Companies sign memorandum of understanding to explore opportunities for unmanned aircraft systems in international markets
• Primary focus relates to integrating Lockheed Martin mission systems, ground systems and technology with AeroVironment's Global Observer® unmanned aircraft system

NEW DELHI, at Defense Expo, Feb. 7, 2014 – AeroVironment, Inc. (NASDAQ:AVAV), a leader in unmanned aircraft system solutions, and the Lockheed Martin Corporation (NYSE:LMT), one of the world’s largest aerospace companies and a leading systems integrator, today announced an agreement to jointly pursue opportunities in unmanned aircraft system (UAS) development.   -> View More

Source: AeroVironment Inc. • Portable plug-in charger increases range confidence, reduces costs to drivers, workplaces, businesses and governments
• Fits in palm of hand; plugs directly into electrical socket; no charger installation required; weighs less than five pounds, including 20-foot cord
• Operates on 120 or 240 volts; at 240 volts it charges nearly three times faster than standard cordsets – less than three hours for plug-in hybrids and less than six hours for full battery electrics
• UL listed with state-of-the-art safety features, including indoor and outdoor use, highest waterproof NEMA 6P ratings, and thermal sensors

MONROVIA, Calif., Jan. 30, 2014 – AeroVironment, Inc. (NASDAQ:AVAV), a leader in electric vehicle charging and the preferred home charging solution supplier for five global automakers, today unveiled TurboCord™ – a compact, UL-listed, dual mode 240-volt/16-amperage and 120-volt portable charging cordset (MSRP $649) that sets a new standard for EV charging. TurboCord is also available in a 240-volt only version (MSRP $599).   -> View More

Source: AeroVironment Inc. MONROVIA, Calif., Nov. 12, 2013 – AeroVironment, Inc. (NASDAQ: AVAV) today announced it will issue financial results for the Company's second fiscal quarter ended October 26, 2013, after the market closes on Tuesday November 26, 2013. Management will host a conference call and live audio webcast to discuss the results at 1:30 p.m. Pacific Time that day.   -> View More

Source: AeroVironment Inc. • Three-phase development program aims to produce a low-cost, large-scale prototype vehicle

MONROVIA, Calif., Nov. 4, 2013 - AeroVironment, Inc. (NASDAQ:AVAV) announced that it has been selected by the Defense Advanced Research Projects Agency (DARPA) to provide its market-leading expertise in unmanned aircraft systems (UAS) toward the development of a new category of this technology. AeroVironment will work as the prime contractor with DARPA on the Tactically Exploited Reconnaissance Node (TERN) Program to develop a medium-altitude, long-endurance (MALE) UAS designed to operate from small ships to provide persistent intelligence, surveillance, and reconnaissance (ISR) capabilities. Sierra Nevada Corporation will subcontract to AeroVironment on the project, which is valued at $2.3 million   -> View More

Source: AeroVironment Inc. • Companies to explore creating new capabilities, expanding into new markets
• Combining expertise and skills to meet future needs of respective customers

WASHINGTON, at AUSA Annual Meeting, Oct. 23, 2013 – AeroVironment, Inc., (NASDAQ: AVAV) the world’s highest volume manufacturer of unmanned aircraft systems (UAS), and Eurocopter, the leading global helicopter manufacturer, today announced at the Association of the United States Army annual meeting that they have signed a cooperative agreement to explore opportunities for expanding their respective military and commercial product portfolios.   -> View More

Source: AeroVironment Inc. • Provides remote access to video and data from Digital Data Link (DDL) - enabled aircraft
• USB interface offers easy integration with Android, iOS and Windows devices

WASHINGTON, at the Association of the United States Army Annual Meeting, Oct. 22, 2013 - AeroVironment, Inc. (NASDAQ: AVAV) today unveiled its new Pocket DDL™ secure digital video and data receiver. The four-ounce device enables remote viewing of video and data from AeroVironment small unmanned aircraft systems (UAS) as well as from helicopters, airplanes, other unmanned aircraft and ground robots equipped with the company’s Digital Data Link.   -> View More

Source: AeroVironment Inc. • Extended flight duration provides for longer missions
• More powerful and efficient propulsion system
• Increased mission flexibility

WASHINGTON, at the Association of the United States Army Annual Meeting, Oct. 21, 2013 - AeroVironment, Inc. (NASDAQ: AVAV) today introduced a series of enhancements to the battle-proven RQ-20A Puma AE small unmanned aircraft system that include new features and capabilities.   -> View More

Source: AeroVironment Inc. • Competitive award provides for continued upgrading of U.S. Army Raven® unmanned aircraft systems
• Order coincides with the upcoming 10th anniversary of the first Raven delivery to the U.S. Army

MONROVIA, Calif., Oct. 2, 2013 -- AeroVironment, Inc. (NASDAQ:AVAV) today announced it has received an order from the U.S. Army for the company’s Mantis™ i23 gimbaled sensor payloads to continue upgrading the Army’s fleet of RQ-11B Raven unmanned aircraft systems (UAS). AeroVironment, which develops and produces advanced upgrades for its highly integrated UAS, such as Raven, was selected as the result of a competitive bid.   -> View More

Source: AeroVironment Inc. • Includes largest order to date for Switchblade tactical missile systems; exceeds value of all Switchblade orders for prior year
• Switchblade proving to be “an invaluable tool” in the field

MONROVIA, Calif., Sept. 9, 2013 – AeroVironment, Inc. (NASDAQ:AVAV) today announced it has received orders valued at $36,746,304 under a contract for Switchblade™ tactical missile systems, ancillary equipment and support. The United States Army Close Combat Weapons Systems Program Executive Office Missiles and Space (PEO MS) awarded these contract modifications. AeroVironment and its strategic teammate for advanced warheads, ATK (NYSE: ATK), will work together to produce and deliver the systems.   -> View More

Source: AeroVironment Inc. • Continued acquisition of new capability in constrained budget environment indicates high value and potential for further demand

MONROVIA, Calif., Aug. 28, 2013 -- AeroVironment, Inc. (NASDAQ:AVAV) announced that it has received a total of $15.8 million in orders under a contract for Switchblade™ tactical missile systems, ancillary equipment and support. The United States Army Close Combat Weapons Systems Program Executive Office Missiles and Space (PEO MS) awarded these contract options. AeroVironment and its strategic teammate for advanced warheads, ATK (NYSE: ATK), will continue to work together to produce and deliver the systems.   -> View More

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