AeroVironment, Inc. Overview
Pro stress-test →AeroVironment is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber, developing and deploying autonomous systems, precision strike systems, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities. The company operates a dual business model serving U.S. government and international defense markets with exceptional growth momentum.
Strategic Profile
Pro stress-test →AeroVironment achieved record Q2 FY2026 revenue of $472.5 million (up 151% YoY) with bookings of $1.4 billion and a book-to-bill ratio of 2.9. The company recently secured a five-year $874.26 million IDIQ contract from the U.S. Army Contracting Command. The organization has successfully integrated BlueHalo acquisition while maintaining strong legacy business growth of 21% organically.
Competitive Landscape
Pro stress-test →AeroVironment operates in a concentrated defense contractor market dominated by large primes (Lockheed Martin, RTX, General Dynamics) and mid-tier specialists. Peer competitors include Kratos Defense & Security Solutions, Red Cat Holdings, L3Harris Technologies, and Axon Enterprise. AeroVironment's unique competitive advantage lies in its pure-play autonomous systems focus, advanced AI/autonomy IP, and dominant position in small/medium UAS and loitering munitions markets.
Industry Context
AeroVironment, Inc. operates in Defense Contractors & Aerospace - Autonomous Systems & Unmanned Vehicle Platforms.
Key facts
Founded: 1971 · Headquarters: Arlington, Virginia · Employees: 1,480 · Revenue: $472.5M (Q2 FY2026); $820.6M (FY2025) · Market cap: $12.18B