AeroVironment, based in Arlington, Virginia, specializes in unmanned aircraft systems and electric transportation, employing 1,403 staff since its IPO in 2007. Its divisions include Uncrewed Systems, Loitering Munition Systems, and MacCready Works.
AVAV has been in the news recently: AeroVironment is poised to gain from the increasing need for counter-drone technology, with market opportunities potentially reaching several billion dollars. Additionally, the company recently secured a $97.4 million contract with the U.S. Army to develop advanced testing environments over the next three years.
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