Press Releases

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Source: AeroVironment Inc. • AeroVironment's Global Observer Stratospheric Unmanned Aircraft System Completes Initial Flight Testing
• Demonstration Program Proceeding Toward Hydrogen-Fueled Flight Test Phase

WASHINGTON, at AUSA, Oct. 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 initial flight testing consisting of multiple low-altitude flights at Edwards Air Force Base (EAFB) in California. This initial flight test phase of the demonstration program employed batteries to power the hybrid-electric aircraft and to approximate full aircraft weight and center of gravity for flight control, performance and responsiveness evaluation.   -> View More

Source: AeroVironment Inc. MONROVIA, Calif., Aug. 31, 2010 -- AeroVironment, Inc. (AV) (NASDAQ:AVAV) announced today that it has received a contract delivery order valued at $35,265,662 for digital Puma® All Environment (AE) unmanned aircraft systems (UAS), spares and training services. The equipment and services were procured under the existing USSOCOM All Environment Capable Variant (AECV) indefinite delivery/indefinite quantity (IDIQ) contract. Work is scheduled to be performed within a period of several months.   -> View More

Source: AeroVironment Inc. 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.   -> View More

Source: AeroVironment Inc. Flight Test Campaign Begins for First Unmanned Aircraft System Developed to Provide Uninterrupted Coverage Over Any Spot on the Globe

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

Source: AeroVironment Inc. Key Milestone Achieved in Development and Testing of First Unmanned Aircraft System to Offer Seamless Persistence Without Latitude Restrictions

MONROVIA, 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

Source: AeroVironment Inc. 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.   -> View More

Source: AeroVironment Inc. 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

Source: AeroVironment Inc. AeroVironment Receives $11.2 Million Order for Raven Unmanned Aircraft Systems and Services

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

Source: AeroVironment Inc. AeroVironment Hires Roy Minson as Vice President of Business Development and Deputy General Manager for Unmanned Aircraft Systems

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

Source: AeroVironment Inc. MONROVIA, Calif., March 31, 2010 -- AeroVironment, Inc. (AV) (NASDAQ:AVAV) today announced the resignation of Stephen C. Wright from his position as senior vice president and chief financial officer effective March 31, 2010. Wright is leaving AV to pursue other business opportunities.   -> View More

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