Tag Archives: aerovironment

AeroVironment (Nasdaq: AVAV) has landed a potential three-year, $146M contract to provide loitering missile systems designed to help military users reach targets for operations beyond line of sight.

Boeing (NYSE: BA), Textron’s (NYSE: TXT) Bell subsidiary and other aerospace defense manufacturers have increased cleaning efforts and implemented telework capabilities, social distancing and other measures to prevent the spread of the coronavirus and maintain operations, FlightGlobal reported Friday. Other companies that have initiated similar efforts are Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC), Sikorsky and AeroVironment.

Kevin McDonnell, former senior vice president and chief financial officer of JAMS, has been appointed to the same positions at unmanned aircraft system maker AeroVironment (Nasdaq: AVAV). His appointment is effective Feb. 10 and he will succeed Brian Shackley, who has held the CFO role at AeroVironment on an acting basis since October, the company said Thursday.

AeroVironment CEO Wahid Nawabi said the company has submitted to the U.S. Army its proposal for the three-year Lethal Miniature Aerial Missile System development contract and expects the service to award the contract in 2020, Inside Defense reported Wednesday.

AeroVironment (Nasdaq: AVAV) has won a $55M firm-fixed-price contract to update radio frequency technology on the U.S. Army's Raven unmanned aircraft systems.

Brian Shackley, a vice president and controller at AeroVironment (Nasdaq: AVAV), will serve as the company’s chief financial officer on an acting basis starting Oct. 18.

AeroVironment has purchased Lawrence, Kan.-based Pulse Aerospace for $25.7M in cash to expand its line of small unmanned aircraft systems.

TYSONS CORNER, VA, May 9, 2019 — Kratos Defense and Security Solutions (Nasdaq: KTOS) is working with Aerovironment to demonstrate an unmanned aircraft system in which a small tube-launched drone can be deployed from another that is larger and runway-independent to operate across multiple domains in near-peer, denied environments, ExecutiveBiz …

The Week’s Top GovCon News Stories View this email in your browser Weekly Roundup July 9 – July 13, 2018 Click here to see Real-Time GovCon Sector Quotes   Executive Mosaic’s Weekly GovCon Round-Up:  $400M+ July Contracts & Top 10 Stories Jim Garrettson, Executive Mosaic CEO Who Says Summer is Slow? $400M+ …

Seven companies have won spots on a potential five-year, $248.5 million contract to provide multiple unmanned aircraft systems to the U.S. Army. The Defense Department said Wednesday contractors will compete for task orders covering long-range reconnaissance surveillance and medium-range mobile UAS; a government-owned tactical open architecture controller system; and spare and repair parts. …