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AeroVironment Hires Roy Minson as VP of Business Development and Deputy General Manager for UAS
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April 22 2010
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.
“With nearly 30 years of broad experience in the defense and commercial markets, Roy is an experienced leader with a strong background in technology commercialization,” said Tom Herring, vice president and general manager, AV UAS segment. “Roy joins AV at an important time, with broad adoption of our small UAS taking place in the U.S. Department of Defense, and significant progress occurring in our key UAS development programs, Switchblade and Global Observer. Roy brings the right set of skills and experience to help satisfy our customers’ needs effectively with our innovative solutions.”
Prior to joining AV, Minson was vice president and operations manager for a research and development business within the Tactical Systems and Solutions division of SAIC, where he was responsible for transitioning products and solutions. As a senior executive at Boeing, he led various business segments supporting DoD, DARPA, and government agencies, and was a key contributor to the development and capture of several large programs, including Joint Tactical Radio Systems, Future Combat Systems, Combat Survival Evader Locater, and classified programs.
Minson has a master’s degree in business administration from Redlands University and a bachelor’s degree in science in industrial technology from Southern Illinois University – Carbondale.
# # # “With nearly 30 years of broad experience in the defense and commercial markets, Roy is an experienced leader with a strong background in technology commercialization,” said Tom Herring, vice president and general manager, AV UAS segment. “Roy joins AV at an important time, with broad adoption of our small UAS taking place in the U.S. Department of Defense, and significant progress occurring in our key UAS development programs, Switchblade and Global Observer. Roy brings the right set of skills and experience to help satisfy our customers’ needs effectively with our innovative solutions.”
Prior to joining AV, Minson was vice president and operations manager for a research and development business within the Tactical Systems and Solutions division of SAIC, where he was responsible for transitioning products and solutions. As a senior executive at Boeing, he led various business segments supporting DoD, DARPA, and government agencies, and was a key contributor to the development and capture of several large programs, including Joint Tactical Radio Systems, Future Combat Systems, Combat Survival Evader Locater, and classified programs.
Minson has a master’s degree in business administration from Redlands University and a bachelor’s degree in science in industrial technology from Southern Illinois University – Carbondale.
About AeroVironment, Inc. (AV)
AeroVironment is a technology solutions provider that designs, develops, produces and supports an advanced portfolio of Unmanned Aircraft Systems (UAS) and electric transportation solutions. Agencies of the U.S. Department of Defense and allied military services use the company’s electric-powered, hand-launched unmanned aircraft systems extensively to provide situational awareness to tactical operating units through real-time, airborne reconnaissance, surveillance and communication. Multiple government agencies have helped to fund the development and demonstration of Global Observer, a hybrid-electric, stratospheric UAS designed to provide affordable, persistent reconnaissance and communication over any location on the globe. Switchblade is a loitering munition designed to provide a rapid, lethal, pinpoint precision strike capability with minimal collateral damage. AeroVironment’s electric transportation solutions include a comprehensive suite of electric vehicle (EV) charging systems, installation and data services for consumers, automakers, utilities and government agencies, power cycling and test systems for EV developers and industrial electric vehicle charging systems for commercial fleets.
Safe Harbor Statement
Certain statements in this press release may constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.
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AeroVironment, Inc.
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Mark Boyer
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