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 (AVAV) delivers cutting-edge unmanned aircraft systems and defense solutions for government and security applications. This dedicated news hub provides investors and industry professionals with essential updates on strategic developments, financial milestones, and technological advancements shaping modern defense capabilities.
Access authoritative coverage of AVAV's government contract awards, quarterly earnings reports, and product innovation announcements. Our curated collection includes press releases on tactical missile systems, high-altitude surveillance platforms, and emerging technologies critical to national security operations.
Key updates feature detailed analyses of Department of Defense partnerships, international expansion efforts, and R&D breakthroughs in unmanned aerial systems. Stay informed about operational developments impacting AVAV's position as a leader in defense technology through verified reporting from primary sources.
Bookmark this page for real-time updates on mission-critical innovations and corporate announcements. Regularly refreshed content ensures you maintain strategic awareness of factors influencing AVAV's market performance and defense sector leadership.
AeroVironment, Inc. (NASDAQ: AVAV) will announce its financial results for the third quarter ended January 30, 2021, after market close on March 9, 2021. The management team, including CEO Wahid Nawabi and CFO Kevin P. McDonnell, will host a conference call at 1:30 PM PT to discuss the results. Investors can join the live audio webcast on the company's Investor Relations website. An audio replay will be available after the call until March 16, 2021. AeroVironment specializes in unmanned aircraft and tactical missile systems, serving defense and commercial sectors.
AeroVironment, Inc. (NASDAQ: AVAV) has completed the acquisition of Arcturus UAV, Inc. for approximately $405 million. This acquisition enhances AeroVironment's unmanned aircraft systems portfolio, adding the JUMP 20 and T-20 platforms. Arcturus UAV was previously selected for a $975 million contract by USSOCOM, recognizing its capabilities in intelligence, surveillance, and reconnaissance. The deal aims to improve long-term shareholder value by expanding market reach and product offerings.
AeroVironment (NASDAQ: AVAV), a leader in unmanned aircraft systems, announced that Steven A. Gitlin, CMO and VP of Investor Relations, will present at Cowen’s Aerospace/Defense and Industrials Conference on February 10, 2021, at 09:40 a.m. PT / 12:40 p.m. ET. A live audio webcast of the presentation will be accessible on their website, with a replay available for 90 days. Celebrating 50 years of innovation, AeroVironment provides advanced technology solutions for defense and commercial customers, emphasizing robotics and software analytics.
AeroVironment (NASDAQ: AVAV) announced its acquisition of Arcturus UAV for $405 million—$355 million in cash and $50 million in stock. This strategic move aims to enhance AeroVironment's capabilities in Group 2 and 3 unmanned aircraft systems (UAS), targeting over $1 billion in annual contracts. With a robust growth track record, Arcturus UAV will bolster AeroVironment's market position and broaden its customer base. The deal is projected to positively impact adjusted EBITDA and diluted earnings per share starting fiscal year 2022, closing by Q4 FY2021.
AeroVironment (NASDAQ: AVAV), a leader in unmanned aircraft systems, announced that Steven A. Gitlin, CMO and VP of Investor Relations, will present at the Needham Virtual Growth Conference on January 14, 2021, at 12:30 p.m. PT / 3:30 p.m. ET. A live audio webcast of the presentation will be accessible on AeroVironment's website, with a replay available for 90 days. Celebrating 50 years of innovation, AeroVironment serves defense, government, and commercial customers with advanced technology solutions.
AeroVironment (NASDAQ: AVAV) has launched the Extended Range Antenna (ERA), enhancing its unmanned aircraft systems (UAS) capabilities. The ERA allows for command and control range expansion up to 40 kilometers (24.9 miles) while maintaining a compact size. Users can switch between omnidirectional and extended range modes, supporting critical missions with enhanced stealth and safety. This product complements AeroVironment's existing connectivity solutions, which include various antennas catering to different operational ranges and frequency bands.
AeroVironment (NASDAQ: AVAV) reported a 11% revenue increase to $92.7 million for Q2 fiscal 2021, despite COVID-19 challenges. Non-GAAP EPS rose to $0.48, while GAAP EPS fell to $0.09 due to an $8.4 million impairment in its HAPSMobile joint venture. AeroVironment announced the acquisition of Telerob for approximately $45.4 million, anticipated to enhance its robotics portfolio. Funded backlog declined to $130.6 million. The company maintains a revenue forecast of $390-$410 million for fiscal 2021, with adjusted EPS guidance between $1.28 and $1.48.
AeroVironment (NASDAQ: AVAV) has announced its acquisition of Telerob Gesellschaft für Fernhantierungstechnik mbH for approximately $45.4 million in cash, with an additional earn-out of $7.3 million based on performance milestones. Telerob, renowned for its advanced unmanned ground vehicle solutions, complements AeroVironment's capabilities in delivering intelligent robotic systems. The acquisition is expected to enhance AeroVironment's market position and broaden its mission offerings, particularly in defense and security sectors. This transaction is projected to be accretive to earnings within two years.
AeroVironment (NASDAQ: AVAV) will announce its financial results for Q2 ended October 31, 2020, after market close on December 8, 2020. The management team, including CEO Wahid Nawabi and CFO Kevin P. McDonnell, will discuss results in a conference call at 1:30 PM PT. Interested investors can listen via the company's Investor Relations website or dial in using provided numbers. An audio replay will be available from December 8 to December 15, 2020. AeroVironment is a leader in unmanned aircraft systems, providing technology solutions to defense and commercial sectors.
AeroVironment, Inc. (NASDAQ: AVAV), a leader in unmanned aircraft systems, announces participation at the Baird Global Industrial Conference on November 12, 2020. CEO Wahid Nawabi, CFO Kevin McDonnell, and CMO Steven Gitlin will present virtually at 12:45 p.m. PT. A live audio webcast will be accessible on the AeroVironment website, with a replay available for 90 days. The company continues to provide innovative technology solutions in robotics and analytics, serving defense, government, and commercial sectors.
