Aerospace

AeroVironment, Inc.

Company Profile Analysis

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AeroVironment, Inc. - Aerospace showcase

Year Founded & Workforce

1970-12-31

700 Employees

Industry

Aerospace

Services

A

AeroVironment, Inc. Overview

Company Headquarters: California, U.S.

Founded: 1971

Workforce: 500 to 700

Company Working: AeroVironment, Inc. (AeroVironment) is engaged in the design and development of products and services for government agencies, businesses, and consumers. Its product portfolio covers unmanned aircraft systems and related services, tactical missile systems, charging systems for electrical vehicles, and power cycling and test systems to commercial, consumer, and government customers. Its UAV business segment addresses the network-centric intelligence, ISR, remote sensing, and other applications. The company sells majority of its UAS and tactical missile systems and services to organizations within the Department of Defense, including the U.S. Army, Marine Corps, Special Operations Command, Air Force and Navy. The company’s internal research & development, and customer‑funded research & development amounted to 12% and 16% of its revenue, respectively, in 2017. The company has U.S. registered trademarks for AV, Switchblade, Raven, Wasp, Snipe, TurboCord, and others.

Strategy

AeroVironment intends to create new solutions which would enable it to grow its business, preserve its leadership position in the current market, and establish its leadership in new regions. It also focuses on the development and commercialization of innovative solutions, which could help create a competitive edge over other market players. Furthermore, it tries to work closely with its key customers to offer seamless solutions. The company’s strategy is to provide reliable new solutions that will enable it to create new market segments, gain market share, and grow as the market increases.

Company Snapshot

$259.3M

Revenue

700

Employees

1970-12-31

Founded

California, U.S.

Headquarters

SWOT Analysis

Strengths

  • Wide range of products
  • Strong domestic presence
  • Strategic alliance with prominent players
  • Decades of experience in UAV technology

Weaknesses

  • Dependence on third-party suppliers for maintenance
  • Decline in R&D expenses for three consecutive year

Opportunities

  • Scope to partner with leading players in the market to expand market presence
  • Demand for UAVs in ISR applications
  • Demand for effective solutions for border security

Threats

  • Intense competition from local and global players
  • Defense budget cuts
  • Numerous upcoming startups

Product Offering

  • AeroVironment, Inc.
    • Pseudo Satellite
    • Solar Powered UAV

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles AeroVironment, Inc. as part of our ongoing coverage of the Aerospace sector, drawing on public company data, filings, and market intelligence.

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

AeroVironment, Inc.

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