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) 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.
AeroVironment (NASDAQ: AVAV) received a $186 million U.S. Army delivery order for Switchblade 600 Block 2 and Switchblade 300 Block 20 explosively formed penetrator (EFP) loitering munitions. The order is issued under a five-year $990 million IDIQ and is the Army's first procurement of these next-generation systems with EFP payloads.
The announcement highlights upgraded avionics, ATR, resilient communications, GPS-challenged operation improvements, and AV's plans to expand manufacturing capacity and accelerate deliveries.
AeroVironment (NASDAQ: AVAV) announced that Executive Vice President and Chief Financial Officer Kevin McDonnell will retire effective July 31, 2026. McDonnell has served as CFO since 2020 and the company said he helped strengthen the balance sheet, improve profitability, complete strategic acquisitions (including BlueHalo) and reinforce capital allocation.
AV is actively seeking a successor and McDonnell will remain to support the transition through his retirement date.
AeroVironment (NASDAQ: AVAV) will participate in the Citizens Technology Conference in San Francisco. CFO Kevin McDonnell will join a fireside chat on March 2, 2026 at 6:30 p.m. ET (5:30 p.m. CT | 3:30 p.m. PT).
The event will be webcast live and archived on AV’s website for later viewing at the provided event link.