AeroVironment, Inc.

AVAVsupplier

AeroVironment is the leading U.S. manufacturer of small unmanned aircraft systems and loitering munitions. Its Switchblade drones gained global prominence in the Ukraine conflict, demonstrating the transformative impact of affordable precision-strike drones on modern warfare. The company dominates the small UAS market for U.S. and allied ground forces.

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Products & Revenue

Product Revenue Share

Revenue Breakdown ($0.7B)

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Loitering Munition Systems (40%)

Small UAS (35%)

Medium UAS & Other (25%)

Segment Breakdown & Key Customers

Product Details

Switchblade Loitering Munitions40%

Switchblade 300 and 600 man-portable kamikaze drones

Small UAS (Puma, Raven)35%

Hand-launched tactical reconnaissance drones for infantry

JUMP 20 / Medium UAS25%

Group 3 VTOL fixed-wing drones for persistent ISR

Supply Chain Relationships

Partners

Lockheed Martin Corporation

Integrated UAS for larger weapon systems

Impact: Systems integration partner

L3Harris Technologies

ISR payload integration

Impact: Sensor payload partnership

Competitors

Northrop Grumman Corporation

Tactical drone systems

Impact: Competing in military UAS

Macro & Market Context

방산Sector News

NATO 지출 의무화 + 우크라이나 재건 → 다년간 수주 잔고 사상 최대

미 국방예산 (FY2026)

$921B

NATO 방위비 GDP 목표

2% → 2.5%

KTOS 수주 잔고

$1.1B (+34%)

드론 시장 규모 (2030E)

$58B

Upcoming Catalysts

◆NOC/LMT/LHX/RTX Q1 실적 (2026.04)◆KTOS 국방부 드론 계약 발표◆NATO 정상회의 방위비 최종 합의 (2026.06)

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Company Info

Headquarters

Arlington, Virginia, USA

Founded

1971

Employees

4,000+

Website

avinc.com

Sector Overview — 방산

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