News & Articles

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AeroVironment Receives $4.6 Million in DARPA Funding to Develop Stealthy, Persistent, Perch and Stare UAS Based on Wasp

August 20, 2008 (Press Releases)

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

AeroVironment Awarded U.S. Special Operations Command All Environment Capable Variant Small UAS Contract

July 02, 2008 (Press Releases)

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

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

Netherlands Ministry of Defence Selects AeroVironment's Raven Small UAS

May 30, 2008 (Press Releases)

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

DARPA Awards AeroVironment Phase II Contract for Nano Air Vehicle Development

May 27, 2008 (Press Releases)

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

Secretary of Defense Gates Calls for More Unmanned Aircraft

May 23, 2008 (Industry News)

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.

Demand Grows for More Remote-Controlled Drones on the Front Line

May 23, 2008 (Industry News)

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.

Some Defense Companies Could Benefit from Obama Presidency

May 14, 2008 (Industry News)

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.

AeroVironment Puma Small UAS Achieves Record Flight of Over Nine Hours Using Fuel Cell Battery Hybrid System

March 06, 2008 (Press Releases)

MONROVIA, Calif., March 6, 2008 -- AeroVironment (AV) (NASDAQ:AVAV), a leader in unmanned aircraft systems (UAS) and efficient electric energy systems, today announced that it has flown its Puma small unmanned aircraft for over nine hours, powered by an onboard fuel cell battery hybrid energy storage system. This broke the previous announced Puma flight record of over seven hours. A two-camera payload system provided a live, streaming video feed from the Puma, the largest of AV's portfolio of small unmanned aircraft systems that also includes Raven and Wasp. The nine-hour flight duration more than triples the duration of Puma's standard battery-only operation. View More

AeroVironment Awarded $45.8 Million Contract Option for Raven Small Unmanned Aircraft Systems and Support Services

February 07, 2008 (Press Releases)

MONROVIA, Calif., Feb. 7, 2008 -- AeroVironment, Inc. (AV) (NASDAQ: AVAV), a leader in unmanned aircraft systems and efficient electric energy systems, today announced that the U.S. Army has ordered additional RQ-11B (Raven) small unmanned aircraft systems (UAS) and associated services by the exercise of an option under an existing contract. Each Raven system typically consists of three aircraft, a ground control station, system spares, and related services. The total award value is $45.8 million and is fully funded. View More

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