AeroVironment Inc - Company Profile
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Business Description
AeroVironment Inc (AeroVironment) develops, manufactures, designs and supports technologically-advanced portfolio of unmanned aircraft systems (UAS), tactical missile systems, unmanned ground vehicles (UGV), advanced artificial intelligence and autonomy for defense, government, satellite, and businesses. The company offers solutions such as unmanned systems, network connectivity, loitering munition systems, advanced systems group, services and support solutions.
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R&D Overview
R&D arm of AeroVironment focuses on design, development and commercialization of new products and upgrade of existing solutions leveraging latest technologies. It intends to create large new markets and accelerate growth within existing markets. As of April 2025, the company had 353 issued US patents, 103 US patent pending applications. In FY2025, the company incurred expenses of US$100.7 million on R&D, which as a percentage of revenue, stood at 12%.
Business Segments
Overview
The Loitering Munitions Systems (LMS) segment primarily focuses on tube-launched aircraft that deploy with the push of a button, fly at higher speeds than small UAS products, and perform either effects delivery or reconnaissance missions. It also includes related support services and customer-funded research and development programs. The key brand associated with this segment is the former Tactical Missile Systems.
Performance
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Overview
The MacCready Works (MW) segment focuses on customer-funded research and development in areas such as High Altitude Pseudo-Satellites (HAPS), robotics, sensors, software analytics, data intelligence, and connectivity. It serves industries that require machine learning, object identification, and autonomy solutions.
Performance
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Overview
The UnCrewed Systems (UxS) segment, previously known as UAS, includes the former SUAS, MUAS, and UGV segments, and the recently acquired Tomahawk. It primarily serves industries that require reliable operation at various altitudes and environmental conditions. The segment offers small and medium UAS products, UGV products, and AI-enabled control and communication solutions.
Performance
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Geographical Segments
Performance
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Performance
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