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) was selected by the U.S. Navy on April 1, 2026 to compete for Contractor-Owned, Contractor-Operated (COCO) Intelligence, Surveillance and Reconnaissance (ISR) delivery orders.
JUMP 20-X Group 3 VTOL UAS offers >13 hours endurance, a 115-mile (185 km) range, 30 lb payload capacity and 70+ sensor integrations for persistent, multi-domain ISR support.
Industry update (Mar 25, 2026): Global military spending reached $2.7 trillion while the top-100 defense players generated $922 billion. The release highlights rapid procurement shifts favoring agile suppliers and lists material corporate moves: AeroVironment's ~$200M ESAero acquisition, Archer's (NYSE: ACHR) eVTOL pilot selections, Starfighters' Midland expansion and STARLAUNCH 1 progress, Velo3D production wins, and EagleNXT's strategic investment in Aerodrome Group.
These developments underscore faster contracting, manufacturing scale-ups, and regulatory pathways likely to accelerate unmanned, autonomous, and advanced air mobility deployment.
AeroVironment (NASDAQ: AVAV) announced LOCUST X3, a third-generation, modular high-energy laser system for counter‑drone defense, production-ready and scalable from 20–35+ kW to >30 kW configurations. The system claims cost-effective engagements below $5 per shot, AI-enabled targeting via AV_Halo PINPOINT, MOSA alignment, and prior field validation through AMP-HEL and PHEL programs.
LOCUST X3 emphasizes modularity, platform agnosticism (JLTV, ISV, fixed and maritime sites), manufacturability, and sustainment-ready design for rapid upgrades and force-wide deployment.
AeroVironment (NASDAQ: AVAV) acquired Empirical Systems Aerospace (ESAero) in a strategic transaction valued at approximately $200 million on March 16, 2026. The purchase combines AV’s autonomous-system expertise with ESAero’s AS9100-certified electric and hybrid propulsion design, prototyping, and manufacturing facilities in California.
The deal is ~$160 million paid in stock and the remainder in cash, is expected to be accretive to adjusted EBITDA in year one, and positions ESAero as a production center within AV’s Precision Strike and Defense Systems group.
AeroVironment (NASDAQ: AVAV) reported Q3 fiscal 2026 revenue of $408.0 million, bookings of $2.1 billion and a record funded backlog of $1.1 billion. The company recorded a $151.3 million goodwill impairment and reported a net loss of $156.6 million (EPS $(3.15)).
Management reiterated fiscal 2026 guidance of $1.85–$1.95 billion revenue, non-GAAP adjusted EBITDA of $265–$285 million, and non-GAAP EPS of $2.75–$3.10, citing strong order flow and backlog as drivers.
AeroVironment (NASDAQ: AVAV) won a three-year, $97.4 million U.S. Army contract to develop GENESIS, a next-generation Hardware-in-the-Loop (HWIL) test environment for spectral imaging and EO/IR sensor validation.
AV will design prototype facilities, including a flight motion table and cryogenic space chamber, at Redstone Arsenal to support DEVCOM AvMC and accelerate Integrated Air and Missile Defense testing.
AeroVironment (NASDAQ: AVAV) will present at the J.P. Morgan 2026 Industrials Conference in Arlington, Virginia.
Chairman, president and CEO Wahid Nawabi and EVP and CFO Kevin McDonnell will appear in a fireside chat on March 18, 2026 at 1:35 p.m. ET. The session will be available live by webcast and later archived on the company website.
AeroVironment (NASDAQ: AVAV) will invest more than $30 million to expand manufacturing across three Albuquerque sites, supported by a $6 million performance-based incentive from New Mexico and Albuquerque tied to hiring milestones.
The expansion targets >450 high-wage jobs, builds a vertically integrated campus, and is projected to generate over $670 million economic impact across 10 years.
AeroVironment (NASDAQ: AVAV) said it is in active negotiations with the U.S. Space Force to amend its contract to deliver BADGER phased array ground stations for the SCAR program, and that the contract was temporarily paused while both parties work toward a firm-fixed-price, expedited delivery solution.
The company noted it is expanding manufacturing capacity in Albuquerque to support Space and Directed Energy platforms, including SCAR manufacturing, and reaffirmed confidence in delivering systems ahead of competitors. AV will report Q3 fiscal 2026 results after market close on March 10, 2026 with a 4:30 p.m. ET webcast.
AeroVironment (NASDAQ: AVAV) will report third quarter fiscal 2026 results for the period ended January 31, 2026, after market close on March 10, 2026. Management will host a conference call and live audio webcast the same day at 4:30 p.m. ET to discuss results.
Presenters include Wahid Nawabi (chairman, president, CEO), Kevin P. McDonnell (EVP, CFO) and Denise Pacioni (head, investor relations). Investors may register to join the call and the webcast will be archived with an audio replay and transcript on the Investor Relations website.