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AeroVironment said first-quarter revenue was $480 million, funded backlog reached a record $1.5 billion and adjusted EBITDA was nearly $46 million. The company also booked $683 million and reaffirmed fiscal 2027 revenue guidance of $2.125 billion to $2.225 billion and adjusted EBITDA guidance of $305 million to $325 mi
AeroVironment said it won a $464.8 million U.S. Army contract for the Enduring-High Energy Laser program, its first production award for directed energy systems. The company will deliver LOCUST X3 laser weapon systems over the next few years.
() -- AeroVironment (AVAV) has won a three-year, $500 million indefinite-delivery, indefinite-quantity contract to provide counter-unmanned aircraft systems for the Joint Interagency Task Force 401's Domestic Shield program, along with an initial $80.5 million award for its Titan MS multi-sensor system, the company sai