AeroVironment Inc - Company Profile
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AeroVironment Inc (AeroVironment) designs, develops, and provides unmanned aircraft systems and commercial information solutions. The company offers tactical missile systems, small UAS, sensors, digital data link, and unmanned ground vehicles. It also offers engineering, logistic, support services, and training services. The company offers its solutions under Raven, Puma, Wasp, Quantix, Aero Vironment and Switchblade brands. It serves to the US Department of Defense entities including the US Army, Special Operations Command, Marine Corps, Air Force and Navy, and commercial customers. It supplies through direct sales teams in the US, and international sales representatives in foreign countries. AeroVironment is headquartered in Arlington, Virginia, the US.
Headquarters
United States of America
Address
241 18th Street South, Suite 415, Arlington, Virginia, 22202
Website
www.avinc.com
Telephone
1 805 5208350
No of Employees
1,259
Industry
Aerospace and Defense
Ticker Symbol & Exchange
AVAV (NASD)
Revenue (2023)
$540.5M
21.3%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
-4107.5%
(2023 vs 2022)
Market Cap*
$4.1B
Net Profit Margin (2023)
XYZ
-3,368.1%
(2023 vs 2022)
* As of and is in US$
AeroVironment Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Unmanned Aircraft Systems | Engineering Services | Raven |
| Tactical Missile Systems | Logistic Services | Puma AE |
| Digital Data Link | Support Services | Wasp AE |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In February, the company's Tomahawk product line secured a US$2.67 million contract from Advanced Technology International to supply prototype Tomahawk Grip Tab Active (Grip TA) controllers and supporting test kits. |
| 2024 | Contracts/Agreements | In January, the company in collaboration with Corvid and L3Harris Technologies announced multi-drop, live fire GPS-guided Shryke munitions from the VAPOR 55 MX. |
| 2023 | Contracts/Agreements | In December, the company secured US$65.402 million contract modification from Army Contracting Command, Redstone Arsenal, Alabama for the Switchblade weapon system. |
Competitor Comparison
| Key Parameters | AeroVironment Inc | The Boeing Co | Lockheed Martin Corp | Airbus SE | General Dynamics Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | Netherlands | United States of America |
| City | Arlington | Arlington | Bethesda | Leiden | Reston |
| State/Province | Virginia | Virginia | Maryland | - | Virginia |
| No. of Employees | 1,259 | 171,000 | 122,000 | 145,511 | 106,500 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Wahid Nawabi | Chief Executive Officer; President; Chairman | Executive Board | - | 54 |
| Kevin McDonnell | Chief Financial Officer; Senior Vice President | Senior Management | 2020 | 61 |
| Scott Newbern | Chief Technology Officer; Vice President | Senior Management | 2018 | - |
| Melissa Brown | Vice President; Chief Compliance Officer; General Counsel; Secretary | Senior Management | 2023 | 46 |
| Charlie Dean | Vice President - International Business | Senior Management | 2021 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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