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AeroVironment (AV), the leader in defense technology, has secured a contract with the Defense Innovation Unit (DIU) to accelerate the deployment of next-generation autonomous precision munitions. As part of its strategic expansion into a new sector of the multi-billion-dollar defense market, AV has been awarded an Other Transaction Authority (OT) award by the Defense Innovation Unit (DIU) as part of Project Artemis, an initiative launched to rapidly test and operationally evaluate long-range,...

AeroVironment, Inc. (“AeroVironment” or the “Company”) reported today financial results for the fiscal third quarter ended January 25, 2025. Third Quarter Highlights: Record funded backlog of $763.5 million as of January 25, 2025 Third quarter revenue of $167.6 million down 10% year-over-year Third quarter net loss of $(1.8) million and non-GAAP adjusted EBITDA of $21.8 million “We faced a number of short-term challenges in the third quarter, including the unprecedented high winds and...

AeroVironment, Inc. (NASDAQ: AVAV) will report its financial results for the third quarter of fiscal year 2025, which ended January 25, 2025, after the market closes on Wednesday, March 4, 2025. Management will host a conference call and live audio webcast at 4:30 p.m. Eastern Time that same day to discuss the results. The call will be led by Wahid Nawabi, AeroVironment’s chairman, president, and chief executive officer; Kevin P. McDonnell, senior vice president and chief financial officer;...

AeroVironment (AV), a global leader in intelligent, multi-domain autonomous solutions, today announced the launch of the JUMP® 20-X , a next-generation, modular Group 3 uncrewed aircraft system (UAS) designed to meet the dynamic demands of modern warfare. Setting a new benchmark for autonomous maritime operations, the JUMP 20-X delivers unrivaled versatility, efficiency, and precision in contested and complex environments. This press release features multimedia. View the full release here:...

AeroVironment (AV), the leader in autonomous and intelligent multi-domain systems, today announced the establishment of FreedomWerx, a state-of-the-art advanced manufacturing facility in Salt Lake City, Utah. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250213725715/en/ New 200,000-square-foot facility will expand production of AV’s battle-proven Loitering Munitions Systems (Photo: AV) As part of AV’s distributed production...

AeroVironment (AV), through its wholly owned subsidiary Arcturus UAV, has been awarded a contract by the Danish Defence Acquisition and Logistics Organisation (DALO) with a contract ceiling value of $181 million to deliver the JUMP® 20 medium uncrewed aircraft system (UAS) to the Danish Armed Forces. This 10-year program of record will equip the Danish Army with JUMP 20 systems to enhance intelligence, surveillance, and reconnaissance (ISR) operations, reinforcing AV’s position as a global...

AeroVironment (AV), a global leader in intelligent, multi-domain robotic systems, today announced it has been awarded its third delivery order totaling $288 million of Switchblade® loitering munition systems as part of U.S. Army’s Directed Requirement (DR) for Lethal Unmanned Systems (LUS). The delivery is part of a 5-year Indefinite Delivery, Indefinite Quantity (IDIQ) contract from Army Contracting Command-Aberdeen Proving Ground, with a contract ceiling value of $990 million, announced in...

AeroVironment (AV), a global leader in intelligent, multi-domain robotic systems, today announced it has been awarded its second delivery order totaling $55.3 million of Switchblade® loitering munition systems as part of U.S. Army’s Directed Requirement (DR) for Lethal Unmanned Systems (LUS). The delivery is part of the 5-year contract from Army Contracting Command-Aberdeen Proving Ground that is Indefinite Delivery, Indefinite Quantity (IDIQ) with a contract ceiling value of $990M that was...

The U.S. Government Accountability Office (GAO) has denied the protest filed on September 6, 2024, challenging the U.S. Army’s sole-source award of a $990 million contract for AV’s Switchblade systems. This decision reaffirms confidence in the integrity of the Army’s procurement process and its thorough evaluation of operational requirements. AV is proud to continue delivering these combat-proven, mission-critical Switchblade systems to meet the warfighter’s operational needs. “AV...

AeroVironment, Inc. (“AeroVironment” or the “Company”) reported today financial results for the fiscal second quarter ended October 26, 2024. Second Quarter Highlights: Record second quarter revenue of $188.5 million up 4% year-over-year Second quarter net income of $7.5 million and non-GAAP adjusted EBITDA of $25.9 million Funded backlog of $467.1 million as of October 26, 2024 Announced its entry into an agreement for the acquisition of BlueHalo in an all-stock transaction with an...

$HAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of AeroVironment, Inc. - AVAV PR Newswire NEW YORK, Nov. 19, 2024 NEW YORK , Nov. 19, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating AeroVironment, Inc. (NASDAQ: AVAV ) ,...

Ademi LLP is investigating AeroVironment (NASDAQ: AVAV) for possible breaches of fiduciary duty and other violations of law in its transaction with BlueHalo . Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, the stockholders of AeroVironment will see a significant dilution of their equity interests. We are investigating the conduct of...

Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of AeroVironment, Inc. (NASDAQ: AVAV) and BlueHalo LLC is fair to AeroVironment shareholders. Per the terms of the proposed transaction, AeroVironment will issue approximately 18.5 million shares of AeroVironment common stock to BlueHalo. Upon closing of the proposed transaction, AeroVironment shareholders will own approximately 60.5% of the combined company. Halper Sadeh encourages AeroVironment shareholders to...

AeroVironment, Inc. (NASDAQ: AVAV) (“AV” or the “Company”) and BlueHalo LLC (“BlueHalo”) today announced the execution of a definitive agreement under which AV will acquire BlueHalo in an all-stock transaction with an enterprise value of approximately $4.1 billion, creating a more diversified global leader in all-domain defense technologies. The combined company will bring together complementary capabilities to offer a comprehensive portfolio of high-growth franchises, powered by...

AeroVironment, Inc. (NASDAQ: AVAV) will report its financial results for the second quarter of fiscal year 2025, which ended October 26, 2024, after the market closes on Wednesday, December 4, 2024. Management will host a conference call and live audio webcast at 4:30 p.m. Eastern Time that same day to discuss the results. The call will be led by Wahid Nawabi, AeroVironment’s chairman, president, and chief executive officer; Kevin P. McDonnell, senior vice president and chief financial...

AeroVironment (AV) announces a powerful suite of software updates, called Project GOLD, that elevate the battlefield effectiveness of its Puma™ 3 AE and Puma™ LE, in contested environments. The new updates bolster the Puma uncrewed aircraft systems (UAS) to maintain reliable navigation and mission performance even when GNSS and communications signals are unreliable, unavailable or deliberately jammed. The software-only upgrades ensure Puma UAS can continue mission-critical tasks autonomously...

Thinking about buying stock in Skywater Technology, Orion Group, NKGen Biotech, Porch Group, or AeroVironment? PR Newswire NEW YORK, March 11, 2024 NEW YORK , March 11, 2024 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for SKYT, ORN, NKGN, PRCH, and AVAV. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link. SKYT:...

Thinking about buying stock in Mediwound, AeroVironment, Airship AI, Lyell Immunopharma, or Sunshine Biopharma? PR Newswire NEW YORK, March 6, 2024 NEW YORK , March 6, 2024 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for MDWD, AVAV, AISP, LYEL, and SBFM. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link. MDWD:...

AVAV DEADLINE TOMORROW: ROSEN, SKILLED INVESTOR COUNSEL, Encourages AeroVironment, Inc. Investors to Secure Counsel Before Important October 30 Deadline in Securities Class Action - AVAV PR Newswire NEW YORK, Oct. 30, 2023 NEW YORK , Oct. 30, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of AeroVironment, Inc. (NASDAQ: AVAV) between June 29, 2021 and December 7, 2021 , both dates inclusive (the "Class Period"), of the important...

DEADLINE TODAY: The Schall Law Firm Encourages Investors in AeroVironment, Inc. with Losses of $100,000 to Contact the Firm PR Newswire LOS ANGELES, Oct. 30, 2023 LOS ANGELES , Oct. 30, 2023 /PRNewswire/ -- The Schall Law Firm , a national shareholder rights litigation firm, reminds investors of a class action lawsuit against AeroVironment, Inc. ("AeroVironment" or "the Company") (NASDAQ: AVAV ) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b -5...