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. ("AV") (NASDAQ: AVAV) regularly issues news and updates that reflect its role as a defense technology company operating across air, land, sea, space, and cyber. Its announcements highlight developments in autonomous systems, loitering munitions, counter‑UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities, often in connection with U.S. and allied defense programs.
Recent news releases describe new product introductions, contract awards, technology demonstrations, and corporate events. Examples include the launch of VideoRay’s Mission Specialist Wraith unmanned underwater vehicle for demanding subsea missions, contracts to provide Mission Specialist Defender remotely operated vehicles to the U.S. Coast Guard, and deliveries of LOCUST Laser Weapon Systems integrated on military vehicle platforms as part of U.S. Army directed energy prototyping efforts.
AV also reports on uncrewed aircraft system initiatives, such as the all-battery electric P550 Group 2 eVTOL UAS for the U.S. Army’s Long Range Reconnaissance program and foreign military sales contracts covering JUMP 20, P550, Puma, Raven, and Titan C‑UAS systems. Additional news covers collaborations with partners on electronic warfare payloads for autonomous VTOL aircraft, participation in defense technology exercises, and corporate activities like conference presentations and leadership appointments.
This news page aggregates such company-issued updates and related coverage, giving investors and observers a single place to review AeroVironment’s latest disclosures on contracts, product capabilities, demonstrations, financial results announcements, and governance matters. For those tracking AVAV, the feed provides ongoing insight into how the company presents its technologies, customer engagements, and strategic priorities over time.
AeroVironment (NASDAQ: AVAV) has announced the release of its financial results for the first quarter ended July 30, 2022, scheduled for after market close on September 7, 2022. Management will host a conference call at 4:30 PM ET on the same day, featuring key executives including CEO Wahid Nawabi and CFO Kevin P. McDonnell. Investors can register for the call via a provided link and also access a live audio webcast on AeroVironment's Investor Relations website. An audio replay will be available post-event.
AeroVironment (NASDAQ: AVAV) has published its inaugural Corporate Social Responsibility report, focusing on its environmental, social, and governance (ESG) practices. The report sets baseline metrics for future improvements and reflects the company's commitment to sustainability and diversity. Key achievements include ISO 14001 certification at multiple facilities, a new e-waste recycling program, and the establishment of committees to enhance workplace diversity. AeroVironment plans to release updated reports annually, showcasing its ongoing ESG initiatives.
AeroVironment, Inc. (NASDAQ: AVAV) announced an award from the U.S. Army on Aug. 18, 2022, for Increment 1 of the Future Tactical Unmanned Aircraft System (FTUAS) program. This includes the purchase and testing of the JUMP 20 medium unmanned aircraft, designed to replace the RQ-7B Shadow UAS in Brigade Combat Teams. The JUMP 20 offers vertical takeoff and landing capabilities and enhanced intelligence, surveillance, and reconnaissance (ISR) functionalities. It can operate independently of runways, delivers 14+ hours of endurance, and features a customizable payload capacity of up to 30 pounds.
AeroVironment, Inc. (NASDAQ: AVAV) has acquired Planck Aerosystems, a leading provider of advanced unmanned aircraft navigation solutions. This strategic acquisition aims to enhance AeroVironment's development of advanced autonomy capabilities in unmanned aircraft systems. The integration of Planck's technologies will enable intelligent operations from moving platforms and improve functionality in GPS-denied environments. This move is expected to accelerate innovation and enhance the effectiveness of AeroVironment's offerings for defense and commercial customers.
AeroVironment (NASDAQ: AVAV) announced that its chairman and CEO, Wahid Nawabi, along with CFO Kevin McDonnell, will present at the Jefferies Industrials Conference on August 9, 2022, at 2:00 p.m. ET, and at the Canaccord Genuity 42nd Annual Growth Conference on August 10, 2022, at 3:30 p.m. ET. A live audio webcast of both presentations will be accessible on AeroVironment's website, with a replay available for 90 days.
AeroVironment specializes in robotic systems and serves defense, government, and commercial customers.
AeroVironment, Inc. (NASDAQ: AVAV) reported financial results for Q4 and fiscal year 2022. Q4 revenue totaled $132.6 million, marking a 2% decline year-over-year. Full-year revenue reached a record $445.7 million, driven by service revenue and acquisitions. Q4 net income was $7.3 million ($0.29 per diluted share), while the annual net loss was $4.2 million ($(0.17) per share). The company anticipates fiscal 2023 revenue between $490 million and $520 million, with earnings guidance of $0.42 to $0.72 per share.
AeroVironment, Inc. (NASDAQ: AVAV) will announce its financial results for the fourth quarter and full fiscal year ending April 30, 2022, after market close on June 28, 2022. Management, including CEO Wahid Nawabi and CFO Kevin P. McDonnell, will host a conference call at 4:30 PM ET to discuss the results. Investors can participate via a toll-free number or listen to the live audio webcast on the company's Investor Relations website. An audio replay will be available post-event.
AeroVironment, Inc. (NASDAQ: AVAV) announced a contract award worth $6,166,952 for its Puma 3 AE small unmanned aircraft systems (SUAS) to the U.S. Marine Corps, with delivery expected by July 2022. The Puma 3 AE provides tactical reconnaissance and surveillance for both maritime and land operations, making it essential for low-altitude intelligence missions. It is highly versatile, capable of operating in various environments, and is a dominant presence in the U.S. Department of Defense inventory, utilized by over 50 allied governments.
AeroVironment (NASDAQ: AVAV) successfully demonstrated Interoperability to Interchangeability (I2I) operations during the International Maritime Exercise 2022, partnering with the U.S. Navy and Royal Navy. The exercise showcased the company's Puma™ 3 AE unmanned aircraft systems and the Blue Hotel software for multi-sensor data fusion and automatic target recognition. Over 60 nations participated, marking it as the largest maritime exercise to date, involving more than 80 unmanned systems. The demonstration advanced operational capabilities and enhanced maritime domain awareness for coalition naval forces.
AeroVironment (NASDAQ: AVAV) is donating over 100 Quantix Recon unmanned aircraft systems to the Ministry of Defence of Ukraine amid the ongoing conflict with Russia. The donation includes operational training services at no cost and will enhance the reconnaissance capabilities of the Ukrainian forces. Delivery of the initial shipment is expected this week, supporting military efforts with advanced technology designed for undetected missions and rapid intelligence gathering.