AeroVironment IncAVAV
What AeroVironment Inc does.
We are a defense technology provider delivering integrated capabilities across air, land, sea, space, and cyber. We develop and deploy autonomous systems, precision strike systems, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities. We operate an international manufacturing footprint, delivering proven systems and capabilities in markets that we believe offer the potential for significant long-term growth. In addition, we believe that some of the innovative potential products, services and technologies in our R&D pipeline will emerge as new growth platforms in the future, creating additional market opportunities. Effective May 1, 2025 in connection with our acquisition of BlueHalo Financing Topco, LLC (“BlueHalo”), we operate our business in two reportable segments: (1) Autonomous Systems (“AxS”) and (2) Space, Cyber and Directed Energy (“SCDE”).
Uncrewed Aircraft Systems (“UAS"). Our family of uncrewed systems includes Group 1-3 UAS which are deployed globally and offer multi-mission capability, autonomy, versatility, reliability and ease of use, providing the warfighter with critical situational awareness.
● Small UAS (“SUAS”): Small UAS in Groups 1 and 2 are designed for reliable operation at low altitudes, offering real-time observation and communication capabilities with easy transport, assembly, and quiet electric propulsion. Products include Puma LE, Puma 3 AE, Puma VTOL, P550, Raven B, and VAPOR 55 CLE. Systems within the SUAS portfolio utilize our common and interoperable handheld ground control systems and an array of spare parts and accessories.
Revenue and profit, by fiscal year.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Revenue | $394.9M | $445.7M | $540.5M | $716.7M | $820.6M | $2.0B |
| Net income | $23.3M | -$4.2M | -$176.2M | $59.7M | $43.6M | -$265.1M |
| Free cash flow | $75.3M | -$31.9M | -$3.5M | -$7.7M | -$20.9M | -$140.9M |
More on AVAV.
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Figures from AeroVironment Inc's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.