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) 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.
AeroVironment (NASDAQ: AVAV) appointed William J. Lynn III to its Board of Directors, effective June 24, 2026. Leadership highlights his government, national security and defense technology background as valuable as the company pursues growth in a changing global security environment.
Lynn previously served as Chairman and CEO of Leonardo DRS (NASDAQ: DRS) from 2012 to 2026 and as the 30th U.S. Deputy Secretary of Defense, where he led development of the Department of Defense’s first cyber strategy.
AeroVironment (NASDAQ: AVAV) will host an investor day in New York City on Wednesday, July 8, 2026. A live webcast of management presentations and discussions begins at 8:30 a.m. ET, featuring key executives including the CEO, CFO, COO and other leaders.
AeroVironment (NASDAQ: AVAV) will release fourth quarter and full fiscal year 2026 results, for the period ended April 3, 2026, after market close on June 29, 2026.
Management will host a 4:30 p.m. ET conference call and live webcast, with replay and transcript available on the investor relations website.
AeroVironment (NASDAQ:AVAV) launched TOM 50 RE, a compact, backpackable uncrewed ground vehicle for rapid reconnaissance and explosive ordnance disposal. Developed by subsidiary Telerob and unveiled at Eurosatory 2026, it targets dismounted forces, EOD teams, special operations units, and SWAT.
TOM 50 RE weighs under 10 kg, offers up to five hours of endurance, carries 5 kg payloads, and uses tracked mobility with stair-climbing flippers. It integrates SLAM-based autonomous mapping for GPS-denied environments, 360-degree IR-enabled cameras, IP-mesh communications, and modular payload interfaces to support four main missions: exploration, reconnaissance, defusing, and operational support.
AeroVironment (NASDAQ: AVAV) signed an MOU with Taiwan’s Ubiqconn to develop a common controller ecosystem for Taiwan’s indigenous unmanned aircraft systems program. The collaboration will pair AV’s Tomahawk Common Control Ecosystem and Kinesis software with Ubiqconn’s rugged controllers, supporting Taiwan’s Ministry of National Defense plan to procure tens of thousands of domestically produced drones.
AV will integrate Kinesis and its KxM module, provide training and technical support, while Ubiqconn supplies controller hardware, leads in‑market demonstrations, and engages local drone OEMs. The effort builds on AV’s 2025 collaboration with Taiwan’s NCSIST to strengthen unmanned and precision‑strike capabilities.
AeroVironment (NASDAQ: AVAV) will invest $15 million to expand advanced production in Greene County, near Dayton, Ohio. The project adds about 44,000 square feet in Beavercreek and Xenia for pilot and mid-volume biomanufacturing.
The expansion is expected to create 200 new jobs and generate an estimated $28 million per year in regional economic impact, supported by a performance-based incentive package led by Ohio. It follows recent AFRL awards totaling about $619 million across electromagnetic, biotech, human performance, and ceramic materials programs.
AeroVironment (NASDAQ: AVAV) will participate in the Wells Fargo 16th Annual Industrials and Materials Conference in Chicago. Executive Vice President and COO Dr. Robert Smith and Vice President and Head of Investor Relations Denise Pacioni will join a fireside chat on June 11, with a live and archived webcast available.