Key Developments: AeroVironment Inc (AVAV.O)

AVAV.O on Nasdaq

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19 Dec 2014
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Latest Key Developments (Source: Significant Developments)

AeroVironment Inc receives $4.3 mln award and $7.1 mln option for switchblade tactical missile system support services
Thursday, 4 Dec 2014 09:10am EST 

AeroVironment Inc:Says receipt of $4.3 mln cost plus fixed fee award and $7.1 mln option on Sept. 25, 2014.For Switchblade tactical missile system support services from the United States Army Close Combat Weapons Systems office.Says award increased funded value of an existing contract for Switchblade tactical missile systems to $63.8 mln.In addition, options totaling $38.3M increased total contract ceiling to $102.1 mln.United States Army awards support services contract and option to AeroVironment for Switchblade Tactical Missile System.Award and option provided for continuation of services to support American forces through training, refurbishments and project management support.  Full Article

AeroVironment Inc reaffirms FY 2015 revenue guidance
Tuesday, 25 Nov 2014 04:10pm EST 

AeroVironment Inc:Says for FY 2015, it continues to expect to generate revenue of between $250 million and $270 million.FY 2015 revenue of $258.55 million - Thomson Reuters I/B/E/S.  Full Article

DARPA awards AeroVironment phase II tern contract to develop new class of maritime unmanned aircraft system
Wednesday, 8 Oct 2014 09:10am EDT 

AeroVironment Inc:Announced the Defense Advanced Research Projects Agency (DARPA) has selected the company and its team of industry leaders to follow its successful phase I concept design effort with a phase II preliminary design for the Tactically Exploited Reconnaissance Node, or Tern.The 12-month, $19,035,007 phase II effort seeks to conclude with subscale flight demonstrations prior to a planned phase III award decision.  Full Article

AeroVironment Inc reaffirms FY 2015 revenue guidance
Wednesday, 3 Sep 2014 04:30pm EDT 

AeroVironment Inc:Says for FY 2015, it expects to generate revenue of between $250 million and $270 million.FY 2015 revenue of $258 million - Thomson Reuters I/B/E/S.  Full Article

AeroVironment Inc gives FY 2015 revenue guidance in line with analysts' estimates
Tuesday, 8 Jul 2014 04:32pm EDT 

AeroVironment Inc:Expects FY 2015 revenue of between $250 million and $270 million.FY 2015 revenue of $254 million - Thomson Reuters I/B/E/S.  Full Article

AeroVironment Inc reaffirms FY 2014 guidance - Conference Call
Tuesday, 4 Mar 2014 04:30pm EST 

AeroVironment Inc:Says the company confident that the company will achieve consistent FY 2014 revenue guidance of $230 million to $250 million, and fully diluted adjusted EPS from operations of $0.35 to $0.50.FY 2014 revenue of $247 million - Thomson Reuters I/B/E/S.  Full Article

AeroVironment Inc and Lockheed Martin Corp to pursue joint opportunities in unmanned aircraft systems markets
Thursday, 6 Feb 2014 11:30pm EST 

AeroVironment Inc:Announced an agreement with Lockheed Martin Corp to jointly pursue opportunities in unmanned aircraft system (UAS) development.Lockheed Martin Corporation and AeroVironment agree to pursue international opportunities for AeroVironment's Global Observer high altitude long endurance unmanned aircraft system.  Full Article

AeroVironment Inc issues FY 2014 Guidance
Tuesday, 26 Nov 2013 04:30pm EST 

AeroVironment Inc:Sees fiscal 2014 revenue of $230 million to $250 million.Sees earnings per diluted share of $0.35 to $0.50.Fiscal 2014 revenues of $236 million, EPS of $0.28 - Thomson Reuters I/B/E/S Estimates.  Full Article

AeroVironment Inc Secures $2.3 Million DARPA Concept Definition Contract For TERN Medium Altitude Long Endurance Unmanned Aircraft System Program
Monday, 4 Nov 2013 09:10am EST 

AeroVironment, Inc announced that it has been selected by the Defense Advanced Research Projects Agency (DARPA) to provide its unmanned aircraft systems (UAS) toward the development of a new category of this technology. AeroVironment will work as the prime contractor with DARPA on the Tactically Exploited Reconnaissance Node (TERN) Program to develop a medium-altitude, long-endurance (MALE) UAS designed to operate from small ships to provide persistent intelligence, surveillance, and reconnaissance (ISR) capabilities. Sierra Nevada Corporation will subcontract to AeroVironment on the project, which is valued at $2.3 million.  Full Article

EADS NV's Eurocopter and AeroVironment Inc Sign Cooperative Agreement
Wednesday, 23 Oct 2013 08:00pm EDT 

EADS NV's Eurocopter and AeroVironment Inc announced that they have signed a cooperative agreement to explore opportunities for expanding their respective military and commercial product portfolios.  Full Article

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