AeroVironment, Inc. (OQ:AVAV)
Business Focus: Aerospace & Defense
| Sector: Industrials | Industry: Aerospace & Defense |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 241 18Th Street South, Suite 415 ARLINGTON VA 22202 |
| Tel: | 1-805-5208350 |
| Website: | https://www.avinc.com |
| IR: | See website |
| Key People | ||
| Wahid Nawabi Chairman of the Board, President, Chief Executive Officer | Kevin Patrick Mcdonnell Chief Financial Officer, Senior Vice President | Melissa Brown Senior Vice President, Chief Compliance Officer, General Counsel and Corporate Secretary |
| Brett P. Hush Senior Vice President, General Manager - Loitering Munitions | Jeff E. Rodrian Senior Vice President - MacCready Works | Trace Stevenson Senior Vice President - Unmanned Systems |
| Business Overview |
| AeroVironment, Inc. designs, develops, produces, delivers and supports a portfolio of intelligent, multi-domain robotic systems and related services for government agencies and businesses. It supplies unmanned systems (UMS), loitering munitions systems (LMS) and related services primarily to organizations within the United States Government and to international allied governments. Its segments include Unmanned Systems (UMS), Loitering Munition Systems (LMS) and MacCready Works (MW). The UMS segment focuses primarily on small, unmanned aircraft system (UAS) products, medium UAS products, and unmanned ground vehicles (UGV) products. The LMS segment focuses primarily on tube-launched aircraft that deploy with the push of a button and fly at higher speeds than small UAS products. It also includes customer-funded research and development programs. The MW segment focuses on research and development in the areas of robotics, sensors, software analytics, data intelligence and connectivity. |
| Financial Overview |
| For the nine months ended 27 January 2024, AeroVironment, Inc. revenues increased 47% to $519.7M. Net income totaled $53.6M vs. loss of $15.7M. Revenues reflect Unmanned Systems(UMS) segment increase of 55% to $344.3M, Loitering Munitions Systems(LMS) segment increase of 52% to $118.8M, MacCready Works(MW) segment increase of 4% to $56.6M, International segment increase of 82% to $328.8M, Domestic segment increase of 10% to $191M. |
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