AeroVironment Company Profile, Products, Employees and Revenue

AeroVironment, which trades and brands itself as AV, is an American defense technology company headquartered in Arlington, Virginia, best known for the Switchblade loitering munition and the Puma and Raven small drones. Since buying BlueHalo in May 2025 it also makes counter-drone systems, directed-energy weapons, space systems and cyber tools.

AV reported revenue of $1.98 billion for the fiscal year ended 30 April 2026, up from $820.6 million a year earlier, and had 3,991 full-time employees on that date, according to its annual report. Its largest customer is the US Army, which accounted for about 25% of fiscal 2026 revenue. The company is listed on Nasdaq under the ticker AVAV.

What Does AeroVironment Do?

AV designs and builds uncrewed aircraft, loitering munitions, counter-drone systems, directed-energy weapons, space and communications payloads, and cyber and electronic warfare tools. It describes itself as delivering capabilities across air, land, sea, space and cyber. Most sales go to the US Department of Defense, with allied governments and commercial customers making up the rest.

What Are AeroVironment’s Main Products?

The company sorts its products into two reportable segments, a structure it adopted on 1 May 2025 when the BlueHalo deal closed. The lineup below is drawn from its fiscal 2026 annual report.

The best-known name is Switchblade. Per The Defense Post, the Switchblade 600 is 1.3 metres long, weighs 15 kilograms and flies more than 40 minutes, while the Switchblade 300 weighs 3 kilograms with more than 20 minutes of endurance.

How Many Employees Does AeroVironment Have?

The annual report gives 3,991 full-time and 100 part-time employees as of 30 April 2026. Of the full-time staff, 2,366 work in research and development and engineering, 907 in general and administrative roles, 637 in operations and 181 in sales and marketing. More than 208 hold a PhD. Wikipedia lists 3,750 employees for 2025, the figure the company cited when the BlueHalo merger closed.

AeroVironment Revenue and Financial Results

Revenue more than doubled in fiscal 2026 mainly because BlueHalo was consolidated for the full year. Precision Strike and Defense Systems, the group that includes Switchblade, was the largest at $848.3 million, followed by Uncrewed Aircraft Systems at $363.9 million and Cyber and Mission Solutions at $345.4 million. The net loss reflects intangible amortization and other non-cash purchase accounting charges from the acquisition, which the company itemises in its releases.

Who Owns AeroVironment and What Was the BlueHalo Deal?

AeroVironment is a public company listed on Nasdaq. In the BlueHalo transaction, valued at about $4.1 billion in an all-stock deal, AV issued roughly 18.5 million shares. After closing on 1 May 2025 AV shareholders held about 60.5% of the combined company and former BlueHalo holders about 39.5%, according to the company’s filings. In March 2026 AV also bought Empirical Systems Aerospace.

Who Buys From AeroVironment?

The US Army accounted for about 25% of fiscal 2026 revenue, and other US government agencies and government subcontractors for another 47%. Foreign customers, including foreign military sales through the Pentagon and commercial buyers, made up 28%, and no single foreign country exceeded 10%. No individual contract was more than 10% of funded backlog. Named foreign interest in Switchblade includes an $80.1 million Greece package for Switchblade 300 Block 20 that the State Department approved in July 2026, per The Defense Post.

Recent AeroVironment Contracts and Developments

On 2 September 2026 the Army awarded AV up to $464.8 million for its first production laser weapon, the LOCUST X3, as covered in our report on the Army’s first production laser weapon. Days earlier, on 26 August, AV announced a $51 million Army delivery order for Switchblade 600 Block 2 plus Block 1 systems for a foreign military sale, under the $990 million Lethal Unmanned Systems contract. The company says Switchblade 600 has been fielded across more than 20 brigade combat teams since 2025.

The counter-drone market AV competes in is getting crowded. See the recent DroneShield domestic counter-drone award and the Army’s $7 billion counter-drone contract, and compare the scale with the group profiled in Northrop Grumman’s company profile.

AeroVironment FAQ

What does AeroVironment do?

It makes drones, loitering munitions such as Switchblade, counter-drone systems, laser weapons, space systems and cyber tools, mainly for the US military.

Where is AeroVironment headquartered?

Arlington, Virginia.

How many employees does AeroVironment have?

3,991 full-time and 100 part-time employees as of 30 April 2026, according to its annual report.

What is AeroVironment’s annual revenue?

$1,976.8 million for the fiscal year ended 30 April 2026, compared with $820.6 million the year before.

When does the AeroVironment fiscal year end?

On 30 April. The first quarter of fiscal 2027 ended on 1 August 2026 and was reported on 9 September 2026.

Who is the CEO of AeroVironment?

Wahid Nawabi, who is chairman, president and chief executive.

What is the Switchblade 600?

A long-range loitering munition designed to strike armored vehicles, fielded across more than 20 US Army brigade combat teams.

What did AeroVironment buy in 2025?

BlueHalo, in an all-stock deal valued at about $4.1 billion that closed on 1 May 2025.