AeroVironment
Provider of tactical unmanned aircraft systems and loitering munitions for defense customers.
AeroVironment is a publicly traded defense contractor specializing in small unmanned aircraft systems (UAS) including the Raven, Puma, and Switchblade loitering munition. The company provides tactical ISR and precision strike capabilities to the U.S. Department of Defense and allied nations. In July 2026, the 2nd Marine Regiment ran the Marine Corps' first conventional-unit test of the JUMP 20-X Group 3 UAS, paired with the Switchblade 300 Block 20 loitering munition, during Service Level Training Exercise 4-26 at MCAGCC Twentynine Palms; the unit engaged a simulated target roughly 25 km away. AeroVironment is now awaiting a follow-on contract decision from the Navy/USMC for the marinized JUMP 20-X.
Overview
- Headquarters
- Arlington, VA
- Founded
- 1971
- Employees
- 1,300+
- Total funding
- Public (NASDAQ: AVAV)
- Valuation
- Public (NASDAQ: AVAV)
- Stage
- Public
- Status
- public
- Domains
- Unmanned aircraft systems, Loitering munitions, ISR
- www.linkedin.com/company/avinc
- X / Twitter
- x.com/aerovironment
- Website
- www.avinc.com
Investors0
No linked records yet.
Cap table2
Approximate ownership by holder. Indexed holders link to their records.
Percentages marked ~ are not disclosed. Some are a generic VC-pattern model (founders/team weighted heaviest, option pool lightest, other holders evenly) sized to whatever's left undisclosed — a standard industry shape, not this company's actual cap table.
| Holder | Instrument | Ownership |
|---|---|---|
Insiders & management | Common / RSUs | ~50.0% |
Public float | Common (NASDAQ: AVAV) | ~50.0% |
Contracts4
- ContractArmy Switchblade 600 Loitering Munition IDIQArmy IDIQ contract for AeroVironment Switchblade 600 loitering munition.
- ContractSwitchblade 600 Block 2 / 300 Block 20 EFP Delivery Order$186M Army delivery order for Switchblade 600 Block 2 and 300 Block 20 with EFP payload.
- ContractJIATF-401 Domestic Shield IDIQSole-source, 3-year, $500M IDIQ awarded to AeroVironment supporting JIATF-401's Domestic Shield counter-UAS program.
- ContractTitan MS Air Force Base Defense Task OrderFirst task order under AeroVironment's $500M JIATF-401 IDIQ; Titan MS counter-UAS system for Air Force base defense, with Teledyne FLIR Defense supplying Argus XL sensors.
Frequently asked
- What does AeroVironment do?
- AeroVironment is a publicly traded defense contractor specializing in small unmanned aircraft systems (UAS) including the Raven, Puma, and Switchblade loitering munition. The company provides tactical ISR and precision strike capabilities to the U.S. Department of Defense and allied nations. In July 2026, the 2nd Marine Regiment ran the Marine Corps' first conventional-unit test of the JUMP 20-X Group 3 UAS, paired with the Switchblade 300 Block 20 loitering munition, during Service Level Training Exercise 4-26 at MCAGCC Twentynine Palms; the unit engaged a simulated target roughly 25 km away. AeroVironment is now awaiting a follow-on contract decision from the Navy/USMC for the marinized JUMP 20-X.
- Where is AeroVironment headquartered?
- AeroVironment is headquartered in Arlington, VA and was founded in 1971.
- What does AeroVironment specialize in?
- AeroVironment works across Unmanned aircraft systems, Loitering munitions, ISR.
- Does AeroVironment hold government contracts?
- Defense Tech Atlas links AeroVironment to 4 government contracts and 1 program.
Sources & citations4
Each claim links to its underlying source. Confidence reflects how directly the source supports the claim.
- 1
Publicly traded on NASDAQ; known for Raven, Puma, Switchblade systems
AeroVironment corporate: Company overviewVerified2025-01-15 - 2
2nd Marine Regiment tested the JUMP 20-X Group 3 UAS with Switchblade 300 Block 20 for the first time at the conventional-unit level during SLTE 4-26 at Twentynine Palms, engaging a target ~25km away; the unit lacks enough trained Group 3 operators
DefenseScoop: Marine regiment tests AeroVironment's JUMP 20-X system for the first time, but faces lack of Group 3 drone operatorsVerified2026-07-20 - 3
AeroVironment's own account of the 2nd Marine Regiment's first-ever Group 3 UAS test at the conventional level
AeroVironment (official): 2nd Marine Regiment Tests First-Ever Group 3 UAS Capabilities at the Conventional LevelVerified2026-07-22 - 4
AeroVironment and Applied Intuition team up on Mayhem 10, a collaborative-autonomy drone (10 lb payload, 60+ mile range, GPS-denied operation) enabling multiple drones to operate as a coordinated team under one operator, using Applied Intuition's Acuity ISR/Strike software
DefenseScoop: AV and Applied Intuition team up to bring collaborative autonomy to new Mayhem 10 droneVerified2026-07-29