AeroVironment

#1994

Rank

$8.61B

Marketcap

United States

Country

Leadership team

Mr. Wahid Nawabi (Chairman, Pres & CEO)

Mr. Kevin Patrick McDonnell (Sr. VP & CFO)

Ms. Melissa Ann Brown J.D. (VP, Gen. Counsel, Chief Compliance Officer & Corp. Sec.)

Products/ Services

Aerospace, Air Transportation, Drones, Electric Vehicle, Electronics, Energy, Government, Manufacturing

Number of Employees

1,000 - 20,000

Headquarters

Monrovia, California, United States

Established

1971

Company Registration

SEC CIK number: 0001368622

Revenue

100M - 500M

Traded as

AVAV

Social Media

URL

https://www.avinc.com

Overview

Location

Recognition and Award

References

Summary

AeroVironment, Inc. designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services for government agencies and businesses in the United States and internationally. It operates through four segments: Unmanned Aircraft Systems (UAS), Tactical Missile System (TMS), Medium Unmanned Aircraft Systems (MUAS), and High Altitude Pseudo-Satellite Systems (HAPS). The company supplies UAS, TMS, unmanned ground vehicle, and related services primarily to organizations within the U.S. Department of Defense and to international allied governments. It also designs, engineers, tools, and manufactures unmanned aerial and aircraft systems, including airborne platforms, payloads and payload integration, ground control systems, and ground support equipment and other items and services related to unmanned aircraft systems. In addition, the company offers small UAS products, including spare equipment, alternative payload modules, batteries, chargers, repair services, and customer support, as well as multiple aircraft, hand-held ground control system, and spare parts and accessories. Further, it develops high-altitude pseudo-satellite UAS systems. The company was incorporated in 1971 and is headquartered in Arlington, Virginia.

History

AeroVironment, Inc. was founded in 1971 in Simi Valley, California by Paul B. MacCready, Jr. an aerospace engineer, to develop and build the human powered Gossamer Condor. In 1974 his team flew the human powered Gossamer Albatross across the English Channel, they won the prestigious Kremer Prize. Since then, the company has grown from a just a handful of employees to roughly 800 and expanded its business to include providing unmanned aircraft, electric vehicle charging, and energy solutions for a variety of industries.

Mission

With AeroVironment's sophisticated eyes in the sky, we could provide life-saving intelligence, reconnaissance and surveillance for our troops on the battlefield.

Vision

To become a global leader in the energy, aerospace, and defense industries through innovative and sustainable solutions that improve the quality of life.

Key Team

Mr. Brian Charles Shackley (VP, Controller & Chief Accounting Officer)

Scott Newbern (VP & Chief Technology Officer)

Ms. Regine Lawton (VP & Chief Information Officer)

Mr. Steven A. Gitlin (Chief Marketing Officer & VP of Investor Relations)

Rick Pedigo (VP of Sales & Bus. Devel.)

Jonah Teeter-Balin (Sr. Director of Corp. Devel. & Investor Relations)

Dr. Thomas Vaneck (VP & MD of NEIC)

Recognition and Awards

AeroVironment has received numerous awards including the Emmy Award for Consumer Technology, the Presidential Green Challenge Award, and the US Perot National Technology Award in Environmentally Responsible Industries, among many others.