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AeroVironment

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, power electronics and electric propulsion systems, efficient 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, fluid dynamics, robotic systems autonomy, human-machine interface development, and integrated mission solutions for austere environments.

TypePublic
Founded1971
HQSimi Valley, USMap
Websiteavinc.com
Employee Ratings4.2More
View Jobs (22)

Recent NewsAll News

Latest Updates

Employees (est.) (Apr 2019)699
Job Openings22
Revenue (FY, 2019)$314.3 M(+16%)
Share Price (Jul 2020)$77.7
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
Steven Gitlin

Steven Gitlin

Chief Marketing Officer, Vice President Investor Relations
Trace Stevenson

Trace Stevenson

Vice President Emerging Business and Deputy General Manager
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AeroVironment Office Locations

AeroVironment has offices in Simi Valley, Burlington, Huntsville, Lawrence and in 2 other locations
Simi Valley, US (HQ)
900 Innovators Way
Burlington, US
141 S Bedford St
Huntsville, US
935 Explorer Blvd NW
Lawrence, US
450 N Iowa St
Monrovia, US
800 Royal Oaks Dr #210
Moorpark, 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 $314.27 m in FY, 2019 which is a 15.9% increase from the previous period.
USD

Revenue (Q3, 2020)

61.9m

Gross profit (Q3, 2020)

23.5m

Gross profit margin (Q3, 2020), %

38%

Net income (Q3, 2020)

(1.0m)

EBIT (Q3, 2020)

(1.1m)

Market capitalization (7-Jul-2020)

1.9b

Closing stock price (7-Jul-2020)

77.7

Cash (25-Jan-2020)

131.5m

EV

1.7b
AeroVironment's current market capitalization is $1.9 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

264.9m271.1m314.3m

Revenue growth, %

2%16%

Cost of goods sold

162.8m162.2m185.9m

Gross profit

102.1m108.9m128.4m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

43.8m73.8m63.9m78.0m73.0m75.3m86.9m83.3m61.9m

Cost of goods sold

32.1m42.8m43.3m45.5m44.6m44.9m45.6m48.1m38.4m

Gross profit

11.6m31.0m20.6m32.6m28.4m30.4m41.3m35.2m23.5m

Gross profit Margin, %

27%42%32%42%39%40%47%42%38%
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Annual
USDFY, 2017FY, 2018FY, 2019

Cash

79.9m143.5m172.7m

Accounts Receivable

74.4m56.8m31.1m

Prepaid Expenses

5.7m5.1m7.4m

Inventories

60.1m38.6m54.1m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

117.5m117.1m112.3m170.8m151.3m149.4m137.1m130.7m131.5m

Accounts Receivable

30.7m35.1m25.7m13.8m34.6m34.1m42.7m40.6m27.9m

Prepaid Expenses

5.3m5.2m5.1m5.2m5.7m6.6m7.6m8.0m6.8m

Inventories

72.0m76.0m77.3m42.2m46.1m50.4m56.3m52.8m65.2m
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Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

12.5m19.9m47.4m

Depreciation and Amortization

7.1m6.0m7.7m

Inventories

(22.6m)2.3m(16.6m)

Accounts Payable

2.8m5.7m(7.1m)
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

(4.5m)2.3m1.5m27.3m33.4m41.7m17.1m24.6m23.6m

Depreciation and Amortization

1.9m3.7m5.6m1.7m3.6m5.5m2.1m4.5m7.1m

Inventories

(11.9m)(16.0m)(17.3m)(4.8m)(8.7m)(13.0m)(1.9m)1.6m(10.8m)

Accounts Payable

(6.2m)(4.7m)(6.7m)(9.9m)(8.8m)(10.6m)(5.1m)(5.0m)(1.3m)
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USDFY, 2017

Revenue/Employee

400.7k

Financial Leverage

1.1 x
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AeroVironment Operating Metrics

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

Remaining Performance Obligations

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

Backlog Funded

$78 m$85.30 m$127.10 m$123.50 m$174.30 m$157 m$163.90 m$132.50 m$164.30 m$165.20 m$146.70 m$126 m

Backlog Unfunded

$24.60 m$24.10 m$21.20 m$21.20 m$58.10 m$47.20 m$51.90 m$37.70 m$45.20 m$50.90 m$45 m$41.50 m

Patents (US)

168 201 179
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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 Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

Learn more about about our premium products
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AeroVironment Revenue Breakdown

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AeroVironment revenue breakdown by business segment: 32.5% from Contract Services and 67.5% from Product Sales

AeroVironment revenue breakdown by geographic segment: 51.9% from International and 48.1% from Domestic

AeroVironment Online and Social Media Presence

AeroVironment's Trends

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AeroVironment News and Updates

September 24, 2019

Commercial UAV Market 2019 Global Analysis By Key Players – BAE, DJI, Elbit, General Atomics, AeroVironment, Parrot, Israel Aerospace Industries

WiseGuyReports.Com Publish a New Market Research Report On –“ Commercial UAV Market 2019 Global Analysis By Key Players – BAE, DJI, Elbit, General Atomics, AeroVironment, Parrot, Israel Aerospace Industries”. Posted via Industry Today. Follow us on Twitter @IndustryToday
June 25, 2019

AeroVironment stock down 13% after fiscal Q4 earnings

Shares of AeroVironment Inc. fell more than 13% in the extended session Tuesday after the defense and aerospace company reported fiscal fourth-quarter profit below Wall Street expectations. AeroVironment said it earned $5.7 million, or 24 cents a share, compared with $16.8 million, or 70 cents a sh…
March 05, 2019

AeroVironment stock rises after earnings

AeroVironment Inc. shares rose more than 5% in the extended session Tuesday after the drone maker and aerospace company maker reporte The company reported fiscal third-quarter net income of $8.4 million, or 35 cents a share, compared with losses of $776,000, or 3 cents a share, in the year-ago peri…
February 13, 2019

Biomimetic Technology Market 2019: Emerging Trends & Global Demands With Top Key Players Like AeroVironment, Inc., and Wright Medical Group Inc., Avinent, Biomimetic Technology Inc

Biomimetic Technology Market Report aims to define, describe, and forecast on the basis of Market size, share, types, overview, top key venders. This research report provides analysis and information according to market segments such as geography, technology and applications. Posted via Industry Tod…
February 06, 2019

M2M in Homeland security 2019 Global Market Key Players - ABB, Accenture, ACTi, ADT Security Services, AeroVironment, Agent Video Intelligence, Airbus Defence And Space, Alcatel-Lucent......

M2M in Homeland security – Global Market Growth, Opportunities, Analysis Of Top Key Players And Forecast To 2025 Posted via Industry Today. Follow us on Twitter @IndustryToday
January 10, 2019

Agriculture Drone 2019 Global Market Key Players – Trimble Navigation Limited, Precisionhawk, Eagle Uav Services, Dronedeploy, 3DR, Agribotix LLC, Honeycomb Corporation, Aerovironment, Inc.......

Agriculture Drone – Global Market Growth, Opportunities, Analysis Of Top Key Players And Forecast To 2023 Posted via Industry Today. Follow us on Twitter @IndustryToday
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AeroVironment Blogs

May 14, 2020

United States Army Awards AeroVironment $146 Million Lethal Miniature Aerial Missile Systems (LMAMS) Contract Funded at $76 Million for First Year of Switchblade Systems Procurement

AeroVironment’s combat proven Switchblade with patented wave-off feature provides operators with increased lethality, reach and precision strike capabilities with low collateral effects First year of funding approved through Joint Urgent Operational Need Statement, reflecting high-priority
May 12, 2020

AeroVironment Awarded $2.6 Million Contract from U.S. Ally to Enhance Existing Puma™ Fleet with Puma LE Capabilities, Plus Existing Fleet Support

Contract includes spares to support customer’s existing fleet of tactical unmanned aircraft systems (UAS) and adoption of Puma LE (Long Endurance) Puma LE provides Group 2 features in a Group 1 footprint, 5.5-hour endurance and persistent data with increased time on station in an economical
April 23, 2020

AeroVironment Unveils Quantix™ Recon, Fully-Automated Hybrid Vertical Takeoff and Landing Unmanned Aircraft System for Defense Applications

Quantix Recon delivers on-demand, georeferenced aerial imagery, providing quick visibility for on-site mission planning and verification Fully-Automated, hybrid vertical take-off and landing (VTOL) design and radio frequency silent mode enable aircraft to conduct missions undetected Powerful
April 07, 2020

AeroVironment Awarded $10.7 Million Puma™ 3 AE Contract for United States Navy and Marine Corps Small Tactical Unmanned Aircraft Systems Program

Award builds on the U.S. Navy and Marine Corps ongoing use of Puma 3 All Environment (AE) small unmanned aircraft systems for persistent situational awareness and force protection as well as expeditionary reconnaissance, surveillance, and target acquisition (RSTA) Puma 3 AE UAS deliver immediate
March 03, 2020

AeroVironment, Inc. Announces Fiscal 2020 Third Quarter Results

SIMI VALLEY, Calif. --(BUSINESS WIRE)-- AeroVironment, Inc. (NASDAQ: AVAV) today reported financial results for its third quarter ended January 25, 2020 . Increased full year expectations for diluted earnings per share by $0.20 to between $1.55 and $1.75 , and non-GAAP diluted earnings per share to
February 18, 2020

AeroVironment, Inc. Schedules Third Quarter Fiscal Year 2020 Earnings Release and Conference Call

SIMI VALLEY, Calif. --(BUSINESS WIRE)--Feb. 18, 2020-- AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS), today announced it will issue financial results for the Company's third quarter ended January 25, 2020 , after the market closes on Tuesday, March 3, 2020 .
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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 699 employees.

  • What is AeroVironment revenue?

    Latest AeroVironment annual revenue is $314.3 m.

  • What is AeroVironment revenue per employee?

    Latest AeroVironment revenue per employee is $449.6 k.

  • Who are AeroVironment competitors?

    Competitors of AeroVironment include PrecisionHawk, Sentera and Textron.

  • Where is AeroVironment headquarters?

    AeroVironment headquarters is located at 900 Innovators Way, Simi Valley.

  • Where are AeroVironment offices?

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

  • How many offices does AeroVironment have?

    AeroVironment has 6 offices.