- CEO
- Wahid Nawabi
- Full Time Employees
- 4,041
- Sector
- Industrials
- Industry
- Aerospace & Defense
- Address
- 241 18th Street South Arlington VA United States of America 22202
- IPO Date
- Jan 23, 2007
- Business
- AeroVironment, Inc. is a global defense technology company specializing in the design, development, production, and support of intelligent, multi-domain autonomous robotic systems and related services primarily for government agencies. Its core product portfolio includes unmanned aircraft systems (UAS) such as small unmanned aircraft systems (SUAS) including Raven and Puma; medium unmanned aircraft systems (MUAS) like the Jump 20; loitering munition systems such as the Switchblade series; unmanned ground vehicles (UGV); and advanced tactical missile systems. The company also offers related services including training, support, and mission command systems. AeroVironment's solutions span the domains of air, land, sea, space, and cyber, and are integrated across ISR (intelligence, surveillance, and reconnaissance), precision strike capabilities, counter-UAS technologies, directed energy systems, and cyber and electronic warfare capabilities. Its primary customer base includes the U.S. Department of Defense, allied international governments, and government agencies worldwide. Founded in 1971, AeroVironment is headquartered in Arlington, Virginia, and operates globally.
Recently, AeroVironment completed its strategic $4.1 billion all-stock acquisition of BlueHalo in 2025, significantly broadening its defense technology capabilities and creating a diversified global leader with expanded offerings across air, land, sea, space, and cyber domains. This acquisition adds a complementary portfolio of innovative solutions including advanced defense technologies such as hybrid RF and laser communications, space-based platforms, and directed energy systems. The acquisition supports AeroVironment’s strategic shift toward integrated all-domain solutions and enhances its manufacturing scale and innovation capacity. The company also announced the opening of a new manufacturing facility in Utah to more than double production capacity for its Switchblade loitering munitions. In addition, AeroVironment has launched AI-powered intelligence and training software, expanded its AV_Halo unified software suite with CORTEX and MENTOR, and secured contracts supporting the U.S. Space Force including the production of BADGER phased array antenna systems. These developments reflect accelerated innovation and strong revenue growth, as AeroVironment reported record fiscal 2025 bookings of $1.2 billion and a 40% revenue increase in the fourth quarter compared to the prior year.
AeroVironment operates through three main business segments: Uncrewed Systems (UxS), Loitering Munitions Systems (LMS), and MacCready Works (MW), covering a broad array of autonomous platforms including small and medium UAS, precision strike weapons, ground vehicles, and cyber-electronic warfare systems. The company targets defense agencies and commercial customers, leveraging a robust pipeline from continuous research and development investments and extensive battlefield deployment experience. Its product line is known for portability, endurance, precision, and multi-mission versatility, serving security, surveillance, reconnaissance, and strike functions. AeroVironment’s growth strategy centers on expanding its technology leadership and operational footprint internationally through strategic partnerships, acquisitions, and scaling manufacturing capabilities.