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AeroVironment (AVAV)

Earnings summaries and quarterly performance for AeroVironment.

Recent press releases and 8-K filings for AVAV.

AeroVironment Awarded $95.9M Contract for U.S. Army's Long-Range Kinetic Interceptor Program
AVAV
New Projects/Investments
Product Launch
  • AeroVironment (AVAV) has been selected for the U.S. Army's Next-Generation C-UAS Missile (NGCM) program.
  • The company was awarded a $95.9 million contract for the U.S. Army's Long-Range Kinetic Interceptor (LRKI) program.
  • As part of the LRKI program, AVAV will manufacture and deliver its Freedom Eagle (FE-1) kinetic C-UAS missile, designed as a low-cost, high-performance solution to neutralize various unmanned aircraft systems.
  • AVAV is scaling production of the FE-1, which has achieved several key development milestones, to deliver it to the frontlines.
Oct 22, 2025, 1:10 PM
AeroVironment Forms Strategic Partnership with Korean Air for Unmanned Systems
AVAV
New Projects/Investments
  • The global Unmanned Systems Market was valued at USD 27.13 billion in 2024 and is projected to grow to USD 43.54 billion by 2030, at a CAGR of 8.2%, with defense expected to be the largest application segment.
  • AeroVironment, Inc. has signed a Memorandum of Understanding (MOU) with Korean Air to establish Korean Air as its priority partner in the Republic of Korea.
  • This alliance will focus on integrating and adapting AeroVironment's JUMP® 20 Group 3 vertical takeoff and landing (VTOL), fixed-wing uncrewed aircraft to meet the specific needs of the Korean Defense market, and will also establish a foundation for long-term joint research and development, innovation, and local production.
Oct 22, 2025, 1:00 PM
AeroVironment Awarded U.S. Army RCCTO Contract for Kinesis
AVAV
New Projects/Investments
Product Launch
  • AeroVironment (AVAV) has been awarded a contract by the U.S. Army Rapid Capabilities and Critical Technologies Office (RCCTO).
  • The contract designates AVAV as the lead software and systems integrator for the Human-Machine Integrated Formations (HMIF) Increment 1 program.
  • AVAV will provide its Kinesis tactical mission planning and command and control (C2) software for HMIF.
  • Kinesis will offer a unified interface for mission planning, tactical awareness, autonomy management, and payload control to simplify complex operations and accelerate mission capabilities.
Oct 20, 2025, 1:10 PM
AeroVironment Collaborates with Red Cat on Drone Deployment Technology
AVAV
Product Launch
New Projects/Investments
  • AeroVironment, Inc. (AVAV) is recognized as one of the active companies leading in military & defense operations, amidst a significant rise in global defense stocks in 2025 driven by artificial intelligence and cutting-edge technology.
  • AVAV has announced a development roadmap with Red Cat Holdings, Inc. (RCAT) to integrate Red Cat's FANG™ FPV drones as a deployable payload from AV's P550™ all-electric Group 2 eVTOL UAS.
  • This collaboration aims to enhance operational capability and mission versatility by leveraging the P550's modular open systems approach to deploy smaller FPV drones from a long-endurance platform, extending reach and tactical flexibility for military applications.
Oct 20, 2025, 12:45 PM
AeroVironment to Deploy Counter-UAS System at Grand Forks Air Force Base
AVAV
New Projects/Investments
  • AeroVironment (AVAV) is expanding its collaboration with GrandSKY to deploy its Golden Dome for America limited area defense architecture at Grand Forks Air Force Base (AFB) in North Dakota.
  • This deployment will establish the foundation for inner layer distributed counter-UAS (C-UAS) capabilities, integrating AV's Titan and Titan-SV RF-based platforms for detection and identification, unified by the AV_Halo™ COMMAND software platform.
  • The initiative is aligned with AV's partnership with SNC for the Golden Dome for America initiative and builds on a March 2025 memorandum of understanding with GrandSKY in support of Project ULTRA, a $110 million public-private initiative for advanced counter-UAS defense.
Oct 14, 2025, 1:10 PM
AeroVironment Announces New President and Product Launches
AVAV
Management Change
Product Launch
  • AeroVironment, Inc. ("AV") announced the appointment of Mary Clum as President of the Space, Cyber & Directed Energy (SCDE) business segment, effective October 24, 2025.
  • AV expanded its Switchblade® family of precision loitering munitions with three new systems: the Switchblade 600 Block 2, the Switchblade 400, and the Switchblade 300 Block 20.
  • The company also launched its newest all-electric vertical takeoff and landing (VTOL) platform, the VAPOR Compact Long Endurance (CLE) unmanned aircraft system (UAS).
Oct 13, 2025, 4:14 PM
AeroVironment Unveils Next-Generation Switchblade Loitering Munitions and VAPOR CLE UAS
AVAV
Product Launch
New Projects/Investments
  • AeroVironment, Inc. expanded its combat-proven Switchblade® family of precision loitering munitions with three new systems: the Switchblade 600 Block 2, Switchblade 400, and Switchblade 300 Block 20.
  • The company also launched its newest all-electric vertical takeoff and landing (VTOL) platform, the VAPOR Compact Long Endurance (CLE) unmanned aircraft system (UAS).
Oct 13, 2025, 1:15 PM
AeroVironment Unveils Next Generation Switchblade Loitering Munitions
AVAV
Product Launch
New Projects/Investments
  • AeroVironment (AVAV) has expanded its combat-proven Switchblade loitering munition product line with three new systems: the Switchblade 600 Block 2, Switchblade 400, and Switchblade 300 Block 20 with a modular explosively formed penetrator (EFP) payload.
  • The Switchblade 600 Block 2 offers 20% longer endurance and 100+km handoff and relay range, while the Switchblade 400 is a man-portable anti-armor munition weighing under 40 pounds. The Switchblade 300 Block 20 now features an Explosively Formed Penetrator (EFP) warhead for increased lethality.
  • The company is rapidly expanding its Switchblade manufacturing capacity, accelerating Switchblade 600 production from 40 to 240 systems per month over the last year, with anticipated growth to more than 1,200 per month in the near future.
Oct 13, 2025, 1:10 PM
AeroVironment Secures $499 Million Air Force Research Lab Contract
AVAV
New Projects/Investments
Revenue Acceleration/Inflection
  • The global military drone market is experiencing significant growth, projected to reach $30.5 billion by 2035 from $13.42 billion in 2023, with a 7.09% CAGR from 2025 to 2035, indicating a rising revenue opportunity for companies like AeroVironment, Inc..
  • AeroVironment, Inc. was selected for a 10-year, $499 million indefinite-delivery/indefinite-quantity (IDIQ) contract by the U.S. Air Force Research Laboratory (AFRL) for the High-Performance Electromagnetic Spectrum Survivable Materials Advancement (HELMSSMAN) program.
  • This program focuses on maturing material technology development and deploying protective solutions to guard warfighters against harmful electromagnetic radiation.
Oct 9, 2025, 12:45 PM
AeroVironment's Role in Loitering Munition Market Growth Highlighted
AVAV
New Projects/Investments
Revenue Acceleration/Inflection
  • The global Loitering Munition Market was valued at USD 529.9 million in 2024 and is projected to grow to USD 815.3 million by 2029 at a CAGR of 9.0%.
  • AeroVironment is actively expanding its Switchblade series, introducing longer-range and autonomous variants under the U.S. Department of Defense’s Replicator Initiative.
  • Loitering munitions, also known as attack drones or kamikaze drones, are redefining modern warfare by combining surveillance, target acquisition, and precision strike capabilities.
  • In 2025, canister-launched loitering munitions dominate the global landscape with a 9.7% year-on-year growth (2024–2029), while catapult-launched drones are gaining popularity for their low cost and portability.
Oct 7, 2025, 1:32 PM