Press Releases
MONROVIA, Calif., Aug. 23, 2010 -- AeroVironment, Inc. (AV) (NASDAQ:AVAV) today announced that former Teledyne and TEAC Aerospace executive Joel Hirsch has joined AeroVironment as vice president of strategic operations. Reporting to AV chairman and chief executive officer Tim Conver, Hirsch's primary role will be to consolidate and streamline procurement across the enterprise and identify and implement strategic opportunities to improve company-wide operating efficiency.
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AeroVironment’s Stratospheric Global Observer Unmanned Aircraft System Makes First Flight
August 16, 2010
EDWARDS AIR FORCE BASE, Calif., Aug. 16, 2010 -- AeroVironment, Inc. (AV) (NASDAQ:AVAV) announced that the first aircraft developed under the Global Observer® Joint Capability Technology Demonstration (JCTD) program successfully completed its first flight. On August 5 Global Observer Aircraft 1001 took off from runway 04L at Edwards Air Force Base (EAFB) in California and climbed to an altitude of 4,000 feet where it performed a series of maneuvers before landing successfully one hour later. View More
Key Milestone Achieved in Development and Testing of First Unmanned Aircraft System to Offer Seamless Persistence Without Latitude RestrictionsMONROVIA, Calif., Aug. 11, 2010 -- AeroVironment, Inc. (AV) (NASDAQ:AVAV) announced that a full size wing developed as part of the Global Observer® Joint Capability Technology Demonstration (JCTD) program has successfully completed a series of Wing Load Tests (WLT) in support of the Global Observer flight test program. View More
MONROVIA, Calif., June 25, 2010 --- AeroVironment, Inc. (AV) (NASDAQ: AVAV) noted in its Annual Report on Form 10-K filed on June 25, 2010 that it is currently cooperating with an investigation by the Civil Fraud Section of the United States Department of Justice with respect to certain of its billing practices.
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Customer-Funded Development Program Proceeding Toward Flight Test Phase of First Unmanned Aircraft System Offering True "Unblinking Eye"MONROVIA, Calif., May 25, 2010 -- AeroVironment, Inc. (AV) (NASDAQ:AVAV) today announced that the first aircraft developed under the Global Observer® Joint Capability Technology Demonstration (JCTD) program has successfully completed key ground tests in preparation for flight testing. The joint Department of Defense, NASA and AV team successfully performed ground vibration, structural and taxi tests at Edwards Air Force Base (EAFB) in California. AV developed and fabricated Aircraft 1 in its dedicated manufacturing facility located in Southern California and shipped it to EAFB in December 2009. View More
AeroVironment Receives $11.2 Million Order for Raven Unmanned Aircraft Systems and Services
May 12, 2010
MONROVIA, Calif., May 12, 2010 -- AeroVironment, Inc. (AV) (NASDAQ:AVAV) announced it received an order valued at $11,198,967 under an existing contract with the U.S. Army. The order comprises 63 new digital Raven® small unmanned aircraft systems (UAS), services supporting the Army's evaluation of the small UAS Family of Systems concept and additional engineering services. View More
AeroVironment Hires Roy Minson as VP of Business Development and Deputy General Manager for UAS
April 21, 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. View More
AeroVironment Receives $37.9 Million In Orders For Digital Raven UAS, Digital Retrofit Kits
February 23, 2010
• Orders Represent Initial Portion of Raven Funding from United States Department of Defense Fiscal 2010 Budget
MONROVIA, Calif., Feb. 23, 2010 -- AeroVironment, Inc. (AV) (NASDAQ:AVAV) announced that it received firm fixed-price orders valued at $20,731,992 for digital Raven; unmanned aircraft systems (UAS) and digital retrofit kits, and $17,141,648 for Raven system spare parts, repairs and training services for the U.S. Army and Marine Corps. The Raven system and retrofit order represents a portion of the $121 million appropriated for RQ-11 Raven system procurement in the 2010 Department of Defense Appropriations Act, which was signed into law in December 2009. The balance of government fiscal 2010 procurement funding that is anticipated to be converted into orders is proceeding through the procurement process. Typically the organizations responsible for administering this program retain a portion of approved funding to pay for program expenses and government furnished equipment.
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AeroVironment Receives $23.9 Million Order For Army & Marine Corps Digital Raven Systems And Kits
December 21, 2009
MONROVIA, Calif., Dec. 21, 2009 -- AeroVironment, Inc. (AV) (NASDAQ:AVAV) today announced that it received a $23,926,917 firm fixed-price order under an existing contract. This contract modification comprises digital Raven systems and kits to upgrade existing analog Raven® systems currently being used by the U.S. Army and U.S. Marine Corps with AV's digital data link. View More
AeroVironment’s Raven Small Unmanned Aircraft System Receives Military Aircraft Type-Classification
November 03, 2009
MONROVIA, Calif., Nov. 3, 2009 - AeroVironment, Inc. (AV) (NASDAQ: AVAV) today announced that the Military Aviation Authority of the Netherlands (MLA-NLD) has issued a Military Type Certificate (MTC) for the Raven® B NLD MUAS, the first such certificate issued in the Netherlands in the Micro-Unmanned Aerial Vehicle category. This certificate permits Dutch military personnel to operate Raven systems in designated Dutch airspace. View More