Press Releases

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Source: AeroVironment Inc. Jikun Kim Leaving Company to Pursue Other Opportunities

MONROVIA, Calif., February 5, 2015 -- AeroVironment, Inc. (AV) (NASDAQ:AVAV) today announced the appointment of Teresa Covington as interim chief financial officer, effective immediately, until a permanent replacement has been selected and appointed. Covington succeeds Jikun Kim, who has resigned as senior vice president and chief financial officer.   -> View More

Source: AeroVironment Inc. • Award increased funded contract value to $63.8 million
• Switchblade systems continue to protect American forces

MONROVIA, Calif., Dec. 4, 2014 – AeroVironment, Inc. (NASDAQ:AVAV) today announced the receipt of a $4.3 million cost plus fixed fee award and $7.1 million option on September 25, 2014 for Switchblade® tactical missile system support services from the United States Army Close Combat Weapons Systems office. The award increased the funded value of an existing contract for Switchblade tactical missile systems to $63.8 million. In addition, options totaling $38.3M increased the total contract ceiling to $102.1 million.   -> View More

Source: AeroVironment Inc. MONROVIA, Calif., Nov. 11, 2014 – AeroVironment, Inc. (NASDAQ: AVAV) today announced it will issue financial results for the Company's second quarter ended November 1, 2014, after the market closes on November 25, 2014. Management will host a conference call and live audio webcast to discuss the results at 1:30 p.m. Pacific Time that day.   -> View More

Source: AeroVironment Inc. • Tern intended as next-generation, mid-altitude, long-endurance unmanned aircraft system (UAS)
• AeroVironment-led team of industry experts incorporating advanced technologies to develop new UAS for agile maritime operations
• Contract valued at $19 million

MONROVIA, Calif. Oct. 8, 2014 – AeroVironment, Inc. (NASDAQ:AVAV) announced the Defense Advanced Research Projects Agency (DARPA) has selected the company and its team of industry leaders to follow its successful phase I concept design effort with a phase II preliminary design for the Tactically Exploited Reconnaissance Node, or Tern. The 12-month, $19,035,007 phase II effort seeks to conclude with subscale flight demonstrations prior to a planned phase III award decision.   -> View More

Source: AeroVironment Inc. • Latest orders increase total value of spare parts and upgrade awards to $77.6 million since May 2014
• Recapitalization of Raven and Puma fleets ensures combat readiness

MONROVIA, Calif., Sept. 30, 2014 – AeroVironment, Inc. (NASDAQ: AVAV) today announced it received three firm fixed-price orders from the United States Army totaling $27,178,075 for RQ-11B Raven® and RQ-20A Puma AE™ unmanned aircraft systems (UAS) spare parts. The company received two orders on August 29, 2014 and one on September 18, 2014. Delivery is anticipated within 12 months.   -> View More

Source: AeroVironment Inc. • Wasp AE to begin filling Marines next generation family of systems micro UAS requirement
• Largest single procurement of ground and water-capable Wasp AE

QUANTICO, At Modern Day Marine, September 24, 2014 – AeroVironment, Inc. (NASDAQ: AVAV) today announced it has received a firm fixed-price order valued at $21,779,408 for RQ-12 Wasp® AE small unmanned aircraft systems (UAS) and initial spares packages for the United States Marine Corps.   -> View More

Source: AeroVironment Inc. • Next generation pack tester with digital controls delivers faster control and response times
• Scalable to one megawatt
• Performs more varied and accurate testing with less equipment

NOVI, Mich., At The Battery Show, Sept. 16, 2014 – AeroVironment, Inc. (NASDAQ:AVAV) today unveiled its next-generation, digital AV-900 EX at The Battery Show in Novi, Mich. The AV-900 EX features valuable enhancements to the company’s AV-900, the longtime battery testing workhorse for global auto manufacturers and test labs.   -> View More

Source: AeroVironment Inc. MONROVIA, Calif., August 20, 2014 – AeroVironment, Inc. (NASDAQ: AVAV) today announced it will issue financial results for the Company's first quarter ended August 2, 2014, after the market closes on September 3, 2014. Management will host a conference call and live audio webcast to discuss the results at 1:30 p.m. Pacific Time that day.   -> View More

Source: AeroVironment Inc. MONROVIA, Calif., June 24 , 2014 – AeroVironment, Inc. (NASDAQ: AVAV) today announced it will issue financial results for the Company's fourth quarter and full fiscal year ended April 30, 2014, after the market closes on Tuesday July 8, 2014. Management will host a conference call and live audio webcast to discuss the results at 1:30 p.m. Pacific Time that day.   -> View More

Source: AeroVironment Inc. • FAA grants first-ever over-land restricted type certificate to AeroVironment Puma AE UAS for use in day-to-day operations at the BP-operated Prudhoe Bay oil field on Alaska’s North Slope
• BP embraces UAS-based information service to improve productivity, safety and efficiency; selects AeroVironment for 3D mapping, other services at North Slope operations over multi-year period
• Imaging and GIS services deliver engineering-quality information safely, reliably and effectively while helping to protect sensitive North Slope environment

PRUDHOE BAY, Alaska, June 10, 2014 – AeroVironment (NASDAQ: AVAV) today announced that BP Exploration (Alaska) Inc., selected the company to provide mapping, Geographic Information System (GIS) and other commercial information services at its Prudhoe Bay oil field, the largest oil field in North America, for a five-year period.   -> View More

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