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AeroVironment Inc (AVAV.OQ)

AVAV.OQ on NASDAQ Stock Exchange Global Select Market

119.59USD
18 Sep 2018
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$2.77 (+2.37%)
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Latest Key Developments (Source: Significant Developments)

AeroVironment Expects Known Costs Associated With EES Business sale To Be About $1.8 Mln
Tuesday, 3 Jul 2018 

July 3 (Reuters) - AeroVironment Inc ::AEROVIRONMENT INC - NOW EXPECTS KNOWN COSTS ASSOCIATED WITH SALE OF EES BUSINESS TO BE ABOUT $1.8 MILLION IN AGGREGATE -SEC FILING.AEROVIRONMENT INC - ON JUNE 29, CO & WEBASTO CHARGING SYSTEMS ENTERED INTO A SIDE LETTER AGREEMENT RELATED TO CO'S EFFICIENT ENERGY SYSTEMS BUSINESS.AEROVIRONMENT - PURCHASE PRICE FOR EES BUSINESS TO BE REDUCED BY $6.5 MILLION UNTIL CERTAIN APPROVALS FROM SOME CUSTOMERS OF EES BUSINESS ARE OBTAINED.  Full Article

Webasto To Acquire Aerovironment Electric Vehicle Charging And Test Systems Business
Monday, 4 Jun 2018 

AeroVironment Inc ::WEBASTO TO ACQUIRE AEROVIRONMENT ELECTRIC VEHICLE CHARGING AND TEST SYSTEMS BUSINESS.AEROVIRONMENT INC - DEAL FOR FOR $35 MILLION.AEROVIRONMENT - WEBASTO WILL RETAIN ALL EXISTING EES EMPLOYEES.  Full Article

Aerovironment Announces Joint Venture And Solar High-Altitude Unmanned Aircraft System Development Program
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - Aerovironment Inc ::AEROVIRONMENT ANNOUNCES JOINT VENTURE AND SOLAR HIGH-ALTITUDE LONG-ENDURANCE UNMANNED AIRCRAFT SYSTEM DEVELOPMENT PROGRAM.AEROVIRONMENT INC - ‍FORMATION OF JV TO DEVELOP SOLAR-POWERED HIGH-ALTITUDE LONG-ENDURANCE, OR HALE, UAS FOR COMMERCIAL OPERATIONS​.AEROVIRONMENT SAYS JV WILL FUND DEVELOPMENT PROGRAM UP TO NET MAXIMUM VALUE OF $65 MILLION.AEROVIRONMENT INC - CO COMMITTED TO CONTRIBUTE $5 MILLION IN CAPITAL FOR ITS 5 PERCENT OWNERSHIP OF JOINT VENTURE.AEROVIRONMENT SAYS HAS OPTION TO INCREASE OWNERSHIP STAKE IN JV UP TO 19 PERCENT.AEROVIRONMENT- SOFTBANK, CO AGREED TO LICENSE CERTAIN BACKGROUND INTELLECTUAL PROPERTIES TO HAPSMOBILE.AEROVIRONMENT-UNDER DEAL WITH SOFTBANK, CO WILL GET EXCLUSIVE RIGHTS TO INTELLECTUAL PROPERTY FOR CERTAIN NON-COMMERCIAL APPLICATIONS, EXCEPT IN JAPAN.AEROVIRONMENT - ALSO POSSESSES EXCLUSIVE RIGHTS TO DESIGN, MANUFACTURE ALL AIRCRAFT IN FUTURE FOR HAPSMOBILE, SUBJECT TO TERMS OF JV AGREEMENT.  Full Article

AeroVironment reports Q2 Earnings Per Share $0.29
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Aerovironment Inc ::AEROVIRONMENT, INC. ANNOUNCES FISCAL 2018 SECOND QUARTER RESULTS.Q2 EARNINGS PER SHARE $0.29.Q2 EARNINGS PER SHARE VIEW $-0.06 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 EARNINGS PER SHARE $0.45 TO $0.65.SEES FY 2018 REVENUE $280 MILLION TO $300 MILLION.- AS OF OCT 28, 2017, FUNDED BACKLOG WAS $127.1 MILLION COMPARED TO $78.0 MILLION AS OF APRIL 30, 2017.  Full Article