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 significant progress in its Wildcat uncrewed aircraft system (UAS) development for DARPA's ANCILLARY program's EVADE demonstration. The Group 3 VTOL aircraft has achieved key milestones including successful VTOL-to-forward-flight transitions and validation of core flight and propulsion systems.
The Wildcat, designed for maritime operations in high sea states, features autonomous launch and recovery capabilities. Notable innovations include a new Visual Precision Landing System (VPLS), AVACORE™-enabled integration, and testing of a modular autopilot and AI compute module. The project is significantly ahead of schedule, advancing DARPA's original late 2026 testing timeline.
AeroVironment (NASDAQ: AVAV) reported strong fiscal Q4 and full-year 2025 results, with record Q4 revenue of $275.1 million (up 40% YoY) and fiscal year revenue of $820.6 million (up 14% YoY). The company achieved Q4 net income of $16.7 million ($0.59 per diluted share) and record Q4 adjusted EBITDA of $61.6 million.
Notable achievements include record fiscal year bookings of $1.2 billion and a robust backlog of $726.6 million, nearly double from FY2024. The company's recent BlueHalo acquisition strengthens its defense-technology position. For FY2026, AeroVironment projects revenue between $1.9-2.0 billion and adjusted EBITDA of $300-320 million.
AeroVironment (NASDAQ: AVAV) has announced its participation in the William Blair Annual Growth Stock Conference, scheduled to take place in Chicago on June 3, 2025. The company will be represented by Chairman, President and CEO Wahid Nawabi, alongside Executive VP and CFO Kevin McDonnell, who will deliver a presentation at 5:40 PM ET. Interested parties can access the presentation through the Events and Presentations section of AeroVironment's website.
AeroVironment (AVAV) has secured a $5.1 million contract from the U.S. Army Rapid Capabilities and Critical Technologies Office (RCCTO) for their Human-Machine Integrated Formations (HMIF) project. The contract specifically focuses on AV's Tomahawk's Grip TA5, which has been selected as the Dismounted Common Controller (DCC) for battlefield operations.
The Grip TA5 controller enables real-time command-and-control of multiple robotic assets, featuring modular architecture and multi-platform compatibility. This technology aims to enhance situational awareness, lethality, and survivability in military operations through improved human-machine teaming capabilities.
AeroVironment (NASDAQ: AVAV) has secured a new contract with the Dutch Ministry of Defence to modernize their Puma™ UAS fleet. The upgrade package includes enhanced capabilities for the Puma 3 AE UAS fleet, featuring improved survivability, stronger communications, and new VTOL capabilities. The Dutch forces are also acquiring the Puma LE system for extended endurance and range.
The modernized systems will enable autonomous operations in GPS-denied and contested environments, with rapid deployment capabilities at squad and platoon levels. Both Puma platforms provide scalable ISR capabilities and have proven their effectiveness in combat zones, including current deployment in Ukraine. The systems can be launched by a single soldier or from Fennek reconnaissance vehicles, supporting the Dutch initiative to expand uncrewed capabilities across their operations.