News & Articles

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Source: AeroVironment Inc.

A Monrovia Firm’s Tiny Planes Have Growing Clout

September 10, 2008 (AV in the News)
AeroVironment Inc.'s Unmanned Spy Craft Become Vital Reconnaissance Tools on the Battlefield Standing amid a grove of pepper plants in Thousand Oaks last week, Christopher Thompson revved up his plane's tiny 6-inch propeller and then gently tossed it into the sky, much as weekend hobbyists fly their airborne toys. But this mini-aircraft called the Raven, weighing little over 4 pounds and painted in Army gray, is no ordinary model. It is actually a tiny U.S. military spy plane that can hover quietly 500 feet in the air and transmit video images to operators several miles away. These Simi Valley-made planes are providing vital information to ground combat soldiers in Iraq and Afghanistan who want to know what's happening over the ridge and around the bend. View More

Source: AeroVironment Inc.

Assessing the Value of Small Wind Turbines

September 04, 2008 (AV in the News)
Fascination with wind turbines small enough to mount on a roof is spreading from coast to coast. Mayor Michael R. Bloomberg of New York last month proposed dotting the city with them. Small turbines have already appeared at the Brooklyn Navy Yard, atop an office building at Logan International Airport in Boston, and even on a utility pole in the small New Hampshire town of Hampton. View More

Source: AeroVironment Inc. MONROVIA, Calif., August 20, 2008 -- AeroVironment, Inc. (AV) (NASDAQ: AVAV) announces the receipt of $4.6 million in funding from the Defense Advanced Research Projects Agency (DARPA) to develop a small Unmanned Aircraft System (UAS) capable of performing "hover/perch and stare" missions. The Stealthy, Persistent, Perch and Stare (SP2S) UAS is based on AV's small Wasp UAS, a one-pound, 29-inch wingspan battery-powered air vehicle that is being procured and deployed by both the U.S. Air Force and the U.S. Marine Corps. View More

Source: AeroVironment Inc. MONROVIA, Calif., July 2, 2008 - AeroVironment, Inc. (AV) (NASDAQ; AVAV) today announced the U.S. Special Operations Command (USSOCOM) has selected Puma AE as its All Environment Capable Variant (AECV) solution to the Small Unmanned Aircraft System (UAS) requirement. The one-year Indefinite Delivery Indefinite Quantity (IDIQ) contract, with four one-year options, has a maximum value of $200,000,000, and provides for the purchase of aircraft, ground control systems, spares, repairs and training under a combination firm fixed-price, cost-plus-fixed-fee and cost reimbursable arrangement. The initial delivery order is valued at $6 million and is fully funded. View More

Source: AeroVironment Inc.

In Search of Sustainability

July 01, 2008 (AV in the News)
Seeking to reduce energy costs and to protect the environment, companies are exploring 'green" manufacturing practices and sustainable/renewable packaging applications. View More

Source: AeroVironment Inc. MONROVIA, Calif., May 30, 2008 -- AeroVironment, Inc. (AV) (NASDAQ: AVAV) today announced that The Netherlands Ministry of Defence, acting through its Defense Materiel Organization (DMO), has awarded AV a contract for RQ-11B (Raven) small unmanned aircraft systems. The order includes new aircraft systems as well as training, logistics support, and airworthiness certification. Each Raven system typically consists of three aircraft, a ground control station, a remote video terminal, system spares, and related services. The total award value is $7.7 million and is fully funded. View More

Source: AeroVironment Inc. MONROVIA, Calif., May 27, 2008 -- AeroVironment, Inc. (AV) (NASDAQ: AVAV) today announced it has been awarded a Phase II contract by the Defense Advanced Research Projects Agency (DARPA) to design and build a flying prototype for the Nano Air Vehicle (NAV) program. View More

Unmanned aerial vehicles, Defense Secretary Gates said, can give ground commanders instantaneous information about what they're facing - such as a live look at someone planting an improvised explosive device miles down the road a convoy is using - without putting pilots or ground-based scouts at risk.

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WASHINGTON (CNN) - The demands of wars in Iraq and Afghanistan are behind a new push by the Pentagon to increase the ranks of one of its most tireless fighting machines: remote-controlled attack aircraft called Unmanned Aerial Vehicles, or UAVs.

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Goldman Sachs said Tuesday they expect a Barack Obama presidency would cut into earnings for many military contractors by reducing funding for large weapon platforms in favor of increasing soldier recruitment.

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