OverviewSuggest Edit

AeroVironment is a provider of unmanned aircraft systems (UAS) and related services for government and commercial customers. The company designs, develops, produces, and supports small unmanned aircraft systems, tactical missile systems, high-altitude pseudo-satellites, and commercial information systems. Its core technological capabilities include robotics, sensor design, development, miniaturization and integration, embedded software and firmware, low power wireless digital communications, lightweight aerostructures, high-altitude systems, machine learning, and autonomy. AeroVironment is also engaged in electric power conversion, storage systems and high-density energy packaging, controls and systems integration, vertical takeoff and landing flight, image stabilization and target tracking, advanced flight control systems, human-machine interface development, etc.

HQArlington, VA, US
Employee Ratings4.3
Overall CultureB

Latest Updates

Employees (est.) (Apr 2021)1,165(+42%)
Job Openings92
Revenue (FY, 2020)$367.3 M(+17%)
Share Price (Sept 2021)$88.9(-2%)
Cybersecurity ratingBMore

Key People/Management at AeroVironment

Wahid Nawabi

Wahid Nawabi

President & Chief Executive Officer
Kevin McDonnell

Kevin McDonnell

Senior Vice President and Chief Financial Officer
Melissa Brown

Melissa Brown

Vice President & General Counsel
Ken Karklin

Ken Karklin

Senior Vice President and Chief Operating Officer
Scott Newbern

Scott Newbern

Vice President and CTO
Trace Stevenson

Trace Stevenson

Vice President and Product Line General Manager, SUAS
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AeroVironment Office Locations

AeroVironment has offices in Arlington, Burlington, Huntsville, Lawrence and in 2 other locations
Arlington, VA, US (HQ)
241 18th St S #415
Burlington, MA, US
141 S Bedford St
Huntsville, AL, US
935 Explorer Blvd NW
Lawrence, KS, US
450 N Iowa St
Monrovia, CA, US
800 Royal Oaks Dr #210
Moorpark, CA, US
14501 Princeton Ave
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AeroVironment Financials and Metrics

AeroVironment Revenue

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AeroVironment's revenue was reported to be $367.3 m in FY, 2020 which is a 16.9% increase from the previous period.

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Market capitalization (14-Sept-2021)


Closing stock price (14-Sept-2021)


Cash (31-Jul-2021)



AeroVironment's current market capitalization is $2.2 b.
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USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q3, 2021Q1, 2022



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USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q3, 2021Q1, 2022

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Financial Leverage

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AeroVironment Operating Metrics

FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021

Remaining Performance Obligations

$157.05 m$163.85 m$132.52 m$164.33 m$165.24 m$146.67 m$125.96 m$208.06 m$154.42 m

Backlog Funded

$78 m$85.3 m$127.1 m$123.5 m$174.3 m$157 m$163.9 m$132.5 m$164.3 m$165.2 m$146.7 m$126 m$208.1 m$154.4 m

Backlog Unfunded

$24.6 m$24.1 m$21.2 m$21.2 m$58.1 m$47.2 m$51.9 m$37.7 m$45.2 m$50.9 m$45 m$41.5 m$122 m$118 m

Patents (US)

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AeroVironment Acquisitions / Subsidiaries

Company NameDateDeal Size
Pulse AerospaceJune 10, 2019$20.65 m
AeroVironment, Inc.
Altoy Savunma Sanayi ve Havacilik Anonim Sirketi
HAPSMobile, Inc.
Pulse Aerospace LLC
SkyTower, Inc.

AeroVironment Revenue Breakdown

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AeroVironment revenue breakdown by business segment: 69.9% from Product Sales and 30.1% from Contract Services

AeroVironment revenue breakdown by geographic segment: 54.7% from Domestic and 45.3% from International

Human Capital Metrics

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AeroVironment Cybersecurity Score

Cybersecurity ratingPremium dataset



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AeroVironment Online and Social Media Presence

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AeroVironment Company Culture

  • Overall Culture



  • CEO Rating



  • Compensation



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AeroVironment News and Updates

Solar-powered UAV market | Evolving Opportunities with AeroVironment Inc. and Airbus SE | 17000+ Technavio Reports

NEW YORK, Aug. 30, 2021 /PRNewswire/ -- The global solar-powered UAV market is expected to grow by $ 485.46 mn during 2020-2024, as per Technavio. This marks a significant market slowdown compared to the 2020 growth estimates due to the impact of the COVID-19 pandemic in the first half of...

Aerovironment buys Arcturus UAV in $405M deal

Aerovironment picks up Arcturus UAV, a company whose capability has caught the Army's eye in its Future Tactical Unmanned Aircraft System competition.

AeroVironment debuts bigger, anti-armor loitering missile

Aerovironment's loitering munitions business is taking off, according to its CEO, with a brand new larger and heavy-duty version of its Switchblade missile.

AeroVironment, Inc. (NASDAQ:AVAV) Receives Consensus Rating of "Hold" from Brokerages

Shares of AeroVironment, Inc. (NASDAQ:AVAV) have received an average rating of "Hold" from the ten analysts that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and four hav…

AeroVironment to start production on larger Switchblade ahead of military deployment

AeroVironment plans to start low-rate production of a larger variant of its Switchblade loitering munition ahead of operational deployment with an unnamed military customer. The company says the new Switchblade is aimed at the tactical missile market currently occupied by the Lockheed Martin AGM-…

AeroVironment down 6% despite Q1 earnings beat; reaffirms guidance in-line with consensus

AeroVironment (AVAV -6.4%) Q1 revenue increased marginally by 1% Y/Y to $87.5M; domestic small UAS sales were up 24% and HAPSMobile developmental revenues which were up 33%. This was largely offset by lower international small UAS revenue.
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AeroVironment Blogs

United States Pentagon Force Protection Agency Equips Hazardous Devices Branch with Telerob telemax EVO HYBRID Unmanned Ground Vehicle System

United States Pentagon Force Protection Agency receives Telerob, an AeroVironment Company , telemax EVO HYBRID unmanned ground vehicle system order, supported by training, spares and accessories packages Telerob’s advanced unmanned ground vehicle solutions safely and effectively perform a variety

AeroVironment, Inc. Announces Fiscal Year 2022 First Quarter Results

ARLINGTON, Va. --(BUSINESS WIRE)--Sep. 8, 2021-- AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today reported financial results for its first quarter ended July 31, 2021 . First quarter revenue of $101 million increased 16% year-over-year Diluted

AeroVironment, Inc. Schedules First Quarter Fiscal Year 2022 Earnings Release and Conference Call

ARLINGTON, Va. --(BUSINESS WIRE)--Aug. 25, 2021-- AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today announced it will issue financial results for the Company's first quarter ended July 31, 2021 after the market closes on Wednesday, September 8,

Cindy Lewis

Cindy Lewis steve.munger@n… Wed, 08/11/2021 - 09:44 Cindy Lewis Independent Director Cindy Lewis has served as a member of our board of directors since 2021. Ms. Lewis is the chairperson, president and chief executive officer of Airborn Consolidated Holdings, Inc…

AeroVironment, Inc. Appoints Cindy Lewis to Board of Directors

Accomplished CEO brings extensive experience in growth-oriented Aerospace & Defense businesses Arnold Fishman to retire at end of current term ARLINGTON, Va. --(BUSINESS WIRE)--Aug. 11, 2021-- AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, today

AeroVironment Introduces Standardized Modular Payload Interface Kits for RQ-20B Puma Tactical Unmanned Aircraft Systems; Kits Under Order by USSOCOM

Enables third-party payload manufacturers, as well as U.S.   DoD and international partners, to develop and integrate payloads onto RQ-20B Puma Utilizes the Modular Payload Standard initiated by USSOCOM to create a modular architectural standard for payloads on unmanned aircraft systems Groups 1
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AeroVironment Frequently Asked Questions

  • When was AeroVironment founded?

    AeroVironment was founded in 1971.

  • Who are AeroVironment key executives?

    AeroVironment's key executives are Wahid Nawabi, Kevin McDonnell and Melissa Brown.

  • How many employees does AeroVironment have?

    AeroVironment has 1,165 employees.

  • What is AeroVironment revenue?

    Latest AeroVironment annual revenue is $367.3 m.

  • What is AeroVironment revenue per employee?

    Latest AeroVironment revenue per employee is $315.3 k.

  • Who are AeroVironment competitors?

    Competitors of AeroVironment include Raven Industries, Aurora Flight Sciences and Cobham Mission Systems.

  • Where is AeroVironment headquarters?

    AeroVironment headquarters is located at 241 18th St S #415, Arlington.

  • Where are AeroVironment offices?

    AeroVironment has offices in Arlington, Burlington, Huntsville, Lawrence and in 2 other locations.

  • How many offices does AeroVironment have?

    AeroVironment has 6 offices.