News & Articles

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Source: AeroVironment Inc.

Obama’s Shift on Afghan War Lets AeroVironment Climb

January 16, 2009 (AV in the News)
Jan. 16 (Bloomberg) - AeroVironment Inc., maker of the unmanned drones that Barack Obama called "revolutionary" technology, is expecting a boost in orders when the new administration in Washington shifts the focus of the U.S. war on terror to Afghanistan. "The president-elect has indicated" the importance of drones for the 21st century battlefield, Chief Executive Officer Tim Conver said in an interview. "Unmanned aircraft systems have proven to be hugely effective in Afghanistan." View More

Source: AeroVironment Inc.

Military Maneuvers

January 14, 2009 (AV in the News)
Forbes.com - Contrary to rumors, Obama will not eliminate the Defense Department. Here are some contractors that could prosper even in a Democratic Administration. View More

Source: AeroVironment Inc.

AeroVironment Added to S&P SmallCap 600 Index

January 14, 2009 (AV in the News)
AeroVironment will be added to the S&P SmallCap 600 GICS Aerospace & Defense Sub-Industry index. View More

Source: AeroVironment Inc. The renovation was led by the design team of Lord, Aeck & Sargent and Gould Evans Associates; they're anticipating LEED Silver certification and did it all with a $6 M budget. Now complete, it will be used for Arizona State University's Global Institute of Sustainability and a newly formed School of Sustainability. In terms of performance, the Institute is anticipated to save 18.7% on energy and 50.3% on water use compared with its baseline usage -- plus, it's been outfitted with six, hard-to-miss, state-of-the-art AeroVironment parapet turbines. View More

Source: AeroVironment Inc. MONROVIA, Calif., Dec. 15, 2008 - AeroVironment, Inc. (AV) (NASDAQ: AVAV) today announced that the General Directorate for Aircraft Weapon Systems (MoD - Italy) has issued a Military Aircraft Type-Classification Certificate for the Raven B unmanned aircraft system, the first such certificate issued in Italy in the Micro-Unmanned Aerial Vehicle category. This certificate permits Italian military personnel to fly Raven in Italy's national airspace. View More

Source: AeroVironment Inc. As the year draws to a close, it's time to revisit the 10 companies that HSToday named as up-and-comers in April. Although they did not make the list of the top 25 contractors with the Department of Homeland Security (DHS), they were selected for their dynamism. View More

Source: AeroVironment Inc. AVAV: Flying High Insight on AeroVironment, with Mad Money host Jim Cramer. View More

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

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