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AeroVironment to operate under Autonomous Systems and Space/Cyber segments | Markets Insider

Published 4 days ago2 minute read

CEO Wahid Nawabi says: “As we look ahead and to better align with customer missions and our financial reporting structure, starting in fiscal year twenty twenty six, we will operate under two distinct business segments. The first is autonomous systems, which encompasses uncrewed systems, or Group one through three UAS, Precision Strike and One Way Attack Systems including Switchblade Loading Munitions, and Red Dragon, defensive systems or counter UAS solutions that use both radio frequency sensors and advanced electronic warfare capabilities, Ground and maritime robotic solutions and McCready Works. The company’s innovation engine where autonomy, AI and advanced platform technologies converge to deliver next generation capabilities. The second segment is space cyber and directed energy. Which encompasses space technologies, directed energy solutions, Cyber Solutions, and Mission Services. By adding Space Technologies, Counter UAS directed energy electronic warfare and cyber solutions to our cutting edge and battle proven offerings, we have expanded our growth opportunity in a market fueled by strong tailwinds and now offer a comprehensive set of solutions across all domains. Air, land, sea, space, and cyber. With more than 50,000 platforms already fielded, and performing in high demand environments, AV now exports systems to more than 100 allies around the world. Since the close of Blue Halo acquisition, we’ve been working tirelessly on integration, and we’re very excited to finally be one AV team.” Comments taken from Q4 earnings conference call.

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