Welcome to our dedicated page for Aerovironment news (Ticker: AVAV), a resource for investors and traders seeking the latest updates and insights on Aerovironment stock.
AeroVironment, Inc. develops and reports on defense technology systems for air, land, sea, space and cyber operations. Company announcements regularly cover autonomous systems, loitering munitions, counter-unmanned aircraft systems, space-based platforms, directed energy systems and cyber and electronic warfare capabilities.
Recurring developments include U.S. government awards and prototype agreements, product introductions such as Halo_Shield and MAYHEM 10, demonstrations of the LOCUST laser weapon system, and program updates for platforms including Switchblade 400 and VAPOR CLE. News also covers investor conference participation and updates tied to AV_Halo, the company's modular AI-powered software suite.
AeroVironment (NASDAQ: AVAV) announced that director Stephen F. Page/b) has decided not to seek re-election and will retire from the Board at the company’s . He has served on the Board for 13 years, providing strategic, financial and governance oversight during the company’s evolution into a multi-domain defense technology provider, according to AeroVironment.
AeroVironment (NASDAQ: AVAV) and Applied Intuition announced a strategic teaming agreement to integrate Applied Intuition’s Acuity ISR/Strike collaborative autonomy software into AeroVironment’s Mayhem 10 launched effects system for U.S. military and allied customers.
The integrated solution is designed to enable autonomous hunter-killer and swarm behaviors, allowing teams of Mayhem 10 systems to find, fix, track, target, and engage under the supervision of a single operator. According to AeroVironment, the effort aligns with the U.S. Army’s Launched Effects program and leverages a Modular Open Systems Approach (MOSA) for third-party payload and software integration. A recent joint demonstration validated collaborative autonomy behaviors across multiple Mayhem 10 systems.
Mayhem 10 carries a 10-pound payload, operates at ranges exceeding 100 kilometers with over 50 minutes endurance, and is designed for rapid launch, contested environments, and interoperability with AV_Halo COMMAND and Tomahawk Grip controller.
Teledyne FLIR Defense, part of Teledyne Technologies (NYSE: TDY), reported receiving a significant order from AeroVironment (NASDAQ: AVAV) to supply its Argus XL counter-unmanned aircraft system platform for integration into AV’s Titan MS counter-drone solution for the U.S. Air Force.
The order falls under AV’s three-year, $500 million IDIQ sole-source contract supporting JIATF-401’s Domestic Shield Program, which uses Titan MS to protect domestic installations and critical infrastructure. Argus XL provides radar, visible and thermal imaging sensors, and command-and-control software as core detection elements within the Titan MS architecture and can integrate third-party RF sensors and defeat technologies.
AeroVironment (NASDAQ: AVAV) announced a $117.3 million U.S. Army production contract for its P550 electric vertical take-off and landing unmanned aerial system, awarded under a Basic Ordering Agreement through a competitive Call for Solutions within the Army’s UAS Marketplace initiative.
According to the company, the award covers 82 P550 systems to support the Army’s Battalion Reconnaissance effort and marks the initial full-rate procurement of the platform. The modular Group 2 eVTOL UAS offers up to five hours all-electric endurance, up to 15 pounds payload capacity, rapid field reconfiguration in under five minutes, and supports ISR, precision strike, electronic warfare, and communications relay missions.
AeroVironment (NASDAQ: AVAV) reported that Italy’s Directorate of Aeronautical Armaments and Airworthiness has granted the MQ-31A military designation to the JUMP 20 unmanned aircraft system, confirming the Italian Ministry of Defence now recognizes JUMP 20 as an official military capability for the Italian Army.
According to AeroVironment, this follows its April 2025 contract to deliver JUMP 20 VTOL systems, sustainment, engineering and support to replace Italy’s legacy unmanned ISR fleet and enhance NATO interoperability. JUMP 20 offers vertical takeoff and landing, over 13 hours of endurance, a 185 km range, 30-pound modular payload capacity, more than 70 integrated payloads, and over 500,000 operational flight hours.
AeroVironment (NASDAQ: AVAV) used its 2026 Investor Day to present its growth strategy and unveil new fiscal year 2030 financial targets.
The company targets $3.5–$4.0 billion revenue, 15%–20% organic CAGR, 7%–9% R&D investment, and 18%–20% adjusted EBITDA margins, aiming to support innovation and long-term shareholder value.
AeroVironment (NASDAQ: AVAV) received a $30.9 million purchase order from the German Bundeswehr, via the NATO Support and Procurement Agency, to supply its next-generation Puma unmanned aircraft systems for the LARUS airborne reconnaissance program.
The order bundles Puma AE and LE systems with advanced sensors, SIGINT payloads, VTOL kits, autonomy upgrades, MANET communications, next-generation ground control stations, and comprehensive training and support, with deliveries required by late 2026.
AeroVironment (NASDAQ: AVAV) received an $80.5 million award from Joint Interagency Task Force 401 for its Titan MS counter‑UAS system under the $500 million Domestic Shield IDIQ contract.
During the quarter, AV delivered 118 Titan4 and 400 Titan‑SV systems, with Titan now deployed in 17 countries, including three new international customers this quarter.
The Titan4 variant is 17% lighter, 73% smaller and delivers nearly 250% more transmit power than its predecessor, with 540W output across six RF bands and deployment in under five minutes.
AeroVironment (NASDAQ: AVAV) was awarded a three-year, $500 million IDIQ contract supporting Joint Interagency Task Force 401’s Domestic Shield Program. Under this sole-source award, AV will supply counter‑UAS and counter‑small UAS capabilities to the Department of War for base defense and critical infrastructure protection.
AV will leverage its integrated, layered C‑UAS architecture and AV_Halo software to connect sensors, platforms and operators, with scalable domestic manufacturing and an ongoing innovation pipeline.
AeroVironment (NASDAQ: AVAV) reported record fiscal 2026 Q4 revenue of $641.6 million and full-year revenue of $1.98 billion, up 133% and 141% year over year. Q4 net income was $63.2 million ($1.25 diluted EPS); funded backlog reached $1.2 billion.
BlueHalo and Empirical acquisitions contributed $282.3 million to Q4 revenue. Fiscal 2026 Q4 non-GAAP adjusted EBITDA was $140.1 million, with non-GAAP EPS of $1.84. Fiscal 2027 revenue guidance is $2.125–$2.225 billion with non-GAAP EPS of $3.02–$3.34.