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AeroVironment

DefensePublic

Designing unmanned aircraft systems and electric vehicle solutions for global defense and commercial markets

🌐 www.aerovironment.comLinkedInX / Twitter📍 CAEst. 1993👥 501-1000 employees
0Rounds
6Articles
General InformationAeroVironment is a publicly traded defense technology company based in Simi Valley, California, founded in 1993, with approximately 600+ employees specializing in unmanned aircraft systems and electric vehicles.
Funding & FinancialsAs a public company (NASDAQ: AVAV), AeroVironment has access to capital markets; the company has raised over $900 million in total revenue and maintains strong institutional investor backing.
Leadership & TeamFounded by Paul Eremenko, the company is currently led by CEO Wahid Nawabi, who has over 30 years of experience in the aerospace and defense industry.
Recent ActivityAeroVironment has seen significant recent growth driven by increased adoption of the Switchblade loitering munition system by Ukraine and NATO allies, along with expanding commercial drone applications and recent acquisition discussions within the sector.

Highlights

Total Raised
Latest Round
Stage
Public
defense-tech
Employees
501-1000
Founded 1993
Headquarters
CA
News Coverage
6 articles
Last: 2d ago
Talent Signals
SEC Filings

News Coverage 6

Defense2d ago

AeroVironment locks $500M Army counter-drone contract through 2029

AeroVironment won a $500M firm-fixed-price Army C-UAS contract covering layered drone defeat from RF jamming to lasers, consolidating commercial counter-UAS spending after cost-exchange failures in the Iran conflict.

Defense1mo ago

Pentagon opens equity checkbook for U.S. drone makers

Trump administration explores direct government equity stakes in drone manufacturers through the Pentagon's Office of Strategic Capital, fundamentally restructuring access to defense capital.

Defense1mo ago

U.S. Army buys ISR drones from Ukrainian-Czech startup

U&C UAS, a NATO-allied drone maker founded by Ukrainian defense engineers, won its first U.S. military contract to supply reconnaissance UAVs to American forces in Europe, signaling Pentagon openness to combat-proven foreign suppliers.

Defense2mo ago

Army taps AeroVironment for loitering drone that changes small-unit strike

The Army awarded AeroVironment a prototype contract for Switchblade 400 under the LASSO program, positioning the drone as a core component of a $1.2 billion multi-year modernization of tactical precision strike.

Defense2mo ago

Shield AI Enters Navy's $800M ISR Contract Pool With V-BAT

Shield AI won selection to compete for up to $800 million in U.S. Navy COCO ISR task orders using its V-BAT vertical-launch drone, marking a program-of-record entry against established competitors like AeroVironment and Textron.

Defense2mo ago

Shield AI wins Navy COCO contract, enters program of record

Shield AI secured a same-day program-of-record entry with the U.S. Navy for contractor-operated ISR services using its V-BAT drone, competing for task orders under an $800 million multi-vendor ceiling alongside AeroVironment, Insitu, and Textron.

Government Competitions 3

PIT-CH
RIMES (Runway Independent Maritime Expeditionary Strike)· prototype award

Designs and manufactures unmanned aircraft systems and loitering munitions for U.S. and allied militaries.

DIU/SOCOMJun 18, 2026Source →
PIT-CH
Drone Dominance Program Phase II Qualifier· cohort

Defense UAS OEM known for the Switchblade loitering munition and RQ-11 Raven ISR drone families.

DIU/SOCOMMay 23, 2026Source →
AFWERX
AFWERX Open Topic SBIR· production award

Small unmanned aerial systems and loitering munitions developer for tactical military reconnaissance and strike.

Air Force$40.0MNov 1, 2023

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