AeroVironment and AV are trademarks of AeroVironment, Inc. | Privacy | Terms | Cookies Policy | Investors | CA Transparency Act | CCPA Privacy Policy, U.S. Army Selects AeroVironment JUMP 20 Medium Unmanned Aircraft System to Enter Future Tactical Unmanned Aircraft System (FTUAS) Program Increment 2, Forbes: Ukraines Next-Generation Drone Fleet Is Packed With Upgrades, USA Today: It's hard, but they're holding on': On the ground in Ukraine, the war depends on U.S. weapons, Breaking Defense A Solution Rises for Middle East Nations that Demand Persistent ISR for Border and Maritime Security, Industry Panel Event: How Artificial Intelligence and Autonomy Enable Faster, More Effective Operations at the Contested Tactical Edge, CNBC: CEO Wahid Nawabi Featured on Mad Money, Breaking Defense Against Near Peers, Unmanned Systems Must Maintain Autonomy Even When Contested, KCLU: A Ventura County company is manufacturing a high-tech drone which is being used in Ukraine, DefenseWebTV: AUSA 2022 Day 2 Defense Exhibition AM General Saber & Switchblade 300 and 600 Loitering Munitions, Switchblade Kamikaze Drone Production to Ramp Up Following Ukraine Use, United States Army Awards AeroVironment $20.6 Million Switchblade 300 Tactical Missile Systems Contract, AeroVironment Secures $20.86 Million in Puma 3 AE Unmanned Aircraft Systems Foreign Military Sales Awards for Allied Nations, AeroVironment Introduces Puma VNS, a Visual-Based Navigation System That Enables GPS-Denied Navigation Across GPS-Contested Environments, AeroVironment Signs Deal With Persistent Systems to Join Wave Relay Ecosystem, AeroVironment Introduces Next-Generation All-Electric VAPOR 55 MX Helicopter Unmanned Aircraft System, Built for Heavier Payloads and Longer Distances, AeroVironments New Mantis i23 D Multi-Sensor Imaging Payload Delivers Superior Daytime Surveillance Performance, AeroVironment Releases Inaugural Corporate Social Responsibility Report, U.S. Scott led advanced UAS development activities including establishing high volume SUAS manufacturing capability at AeroVironment. At 120 pounds all in, the Switchblade 600 can be set up and launched in less than 10 minutes, dash at up to 110 miles per hour, loiter for 40 minutes and use high-precision optics to precisely deliver an anti-armor warhead against larger, hardened non-line-of-sight targets. These statements are made on the basis of current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of our control, that may cause our business, strategy or actual results to differ materially from those expressed or implied. Teamwork is tremendous and our people are driven by passion to achieve awe-inspiring results.". Chart Data in Insider Trading History Table. In this role, Mike had leadership responsibility for operations, including a wide range of innovative space deployable hardware and unfurlable RF antennas for various military and commercial customers. IUS:WHAT LEVEL OF TRAINING IS NEEDED FOR EITHER SWITCHBLADE? NAWABI:You dont have to have a target yet to launch Switchblade. NAWABI:Yes. They use them just like the U.S. military, primarily for ISR missions, primarily in cross-border areas with Russia and with Belarus, quite extensively for the last five, six years. The estimated Net Worth of Wahid Nawabi is at least $21.9 Million dollars as of 29 June 2022. This was the largest acquisition in the history of Schneider Electric. Brett founded Tactical Missile Systems (TMS) as a business unit and was largely responsible for the building of the business from its early stages to todays multi-service, multi-missile adoption. Wahid Nawabi, 46, has served as chief operating officer of AeroVironment since April 2015 and as president since January 2016. With Puma, we just received the first contract. During the last twelve months, insiders at the aerospace company sold shares 6 times. NAWABI:Its a very good mapping and reconnaissance UAV to give them actionable intelligence on the frontlines, where Russians are digging in or where their tanks are. All rights reserved. As a former Vice President of the enterprise business segment at APC, Wahid played a key role in launching the companys ambitious and successful strategy of entering the data center critical power and cooling infrastructure business. What is Wahid Nawabi's net worth? Get notified the next time Wahid Nawabi buys or sells AeroVironment stock. Most recently he exercised 10,719 units of AVAV stock worth $1,155,508 on 29 June 2021. . IUS:HOW DID UKRAINES INVOLVEMENT WITH THE SWITCHBLADE COME ABOUT? Headquartered in Virginia, AeroVironment is a global leader in intelligent, multi-domain robotic systems and serves defense, government and commercial customers. Small, hand-launched Ravens and Pumas are also in the field, fulfilling intelligence, reconnaissance and surveillance (ISR) needs. We even debated whether we should be in the business of making loitering munitions. Wahid Nawabi, CEO of AeroVironment, which makes Switchblade loitering munitions, told me in an interview the company has a dedicated production facility ready to make 'thousands' of the weapons. Get the latest updates and Facebook-only posts. AeroVironment's Wahid Nawabi Sends Drones to Ukraine | National Review Nawabi's father was a petroleum engineer and high-ranking government official when the Soviet Union invaded Afghanistan in 1979. Jeff Rodrian has served as the Vice President of AV Ventures since 2021 with a focus on creating a center for market driven innovations by embracing a start-up best practices approach, along with engaging with the vibrant external start-up community to further AeroVironments strategic pursuits. Once it picks a target, it has between 40 to 50-55 minutes of actual loitering time, depending on the atmospheric conditions. Brett has been with AeroVironment since 2010. Learn More about insider trades at AeroVironment. Prior to joining the company, Mr. Nawabi served as Vice President, Global Sales of Altergy Systems, a designer and manufacturer of fuel cell power systems, from March 2010 through November 2011, and as Vice President, Americas, and Vice President, Global Sales for C&D Technologies, a producer and marketer of electrical power storage and conversion products, from February 2009 through March 2010. Wahid joined AeroVironment in 2011 as senior vice president and general manager of the EES business segment, where he reshaped the segments business strategy, launched several award-winning, innovative new products, and significantly improved its position in the market. We discussed it as a team within our organization, with our employees. These days,AeroVironments website comes out, well, firing. We stand for freedom, the message begins, and we stand with our allies and sovereign nations in their right to protect their homelands and their very lives when this fundamental right is threatened.. AeroVironment, Inc United States of America. As a former Vice President of the enterprise business segment at APC, Wahid played a key role in launching the companys ambitious and successful strategy of entering the data center critical power and cooling infrastructure business. Mike started his career at McDonnell Douglas/Boeing and held various engineering and program management positions in both the commercial and military programs. We are excited to welcome Wahid to this new role as part of our planned succession process.. Wahid has made over 15 trades of the AeroVironment stock since 2013, according to the Form 4 filled with the SEC. As soon as you launch it, you can go away and your launching site is not disclosed. Mr. Nawabi owns over 6,695 units of AeroVironment stock worth over $6,763,452 and over the last 11 years he sold AVAV stock worth over $12,118,643. Ally, AeroVironment Awarded $10.5 Million Puma LE Unmanned Aircraft Systems Foreign Military Sales Contract for U.S. IUS:SO INSTEAD OF ENDING TANKS, TANKS BECOME AIRCRAFT CARRIERS? NAWABI:Yes. On-board processing provides georeferenced, high-resolution imagery on a users tablet upon landing. allies and sovereign nations in their right to protect their homelands and their very lives when this fundamental right is threatened.. He is certified in both Six Sigma and Lean Manufacturing and his guidelines and methodologies for supply chain improvements are known professionally. To learn more about the portfolios capabilities and how they came to be deployed halfway around the world,Inside Unmanned Systemstalked with Wahid Nawabi, AeroVironments chairman, CEO and president. Wahid earned his undergraduate degree from The University of Maryland at College Park in Electrical Engineering. Mr. Nawabi has served as our President and Chief Executive Officer since May 2016. View our open roles and apply today!, The Switchblade 600 loitering missile system builds on the battle-proven track record of Switchblade 300 with its p, Ukraines next-generation drone fleet is packed with upgrades which includes our JUMP 20 medium UAS. Ally, Breaking Defense: Multi-Domain Unmanned Systems for Future Warfare at the Tactical Edge, AeroVironment Introduces Switchblade 300 Sensor to Shooter Kit, A Simple-to-Integrate Multi-Domain ISR and Precision Strike Capability, AeroVironment Continues to Support Local Schools Through its IMPACT! Wahid's mailing address filed with the SEC is 241 18TH STREET SOUTH, SUITE #415, ARLINGTON, VA, 22202. Brian joined AeroVironment as a Senior Program Manager supporting the small Unmanned Aircraft Systems (UAS) business segment and through 2015 managed the Puma product line, expanding its capabilities while driving significant domestic and international growth. both technical and biographical. NAWABI:I am not able to. Mr. Nawabi owns 42,475 shares of AeroVironment stock worth more than $3,747,994 as of February 13th. The most recent insider tranaction occured on January, 12th when Director Stephen F Page sold 5,089 shares worth more than $450,223.83. You can launch Switchblade pretty much from anywhere. View Vadiraj P.K's email address (v*****@apc***.com) and phone number. AeroVironment Board of Directors Elect Wahid Nawabi to Become New NAWABI:Ill just give you some of the most important reasons. Prior to joining C&D Technologies, Mr. Nawabi worked for 16 years with American Power Conversion Corporation, a provider of power protection products and services, in a succession of positions of increasing responsibility, most recently as Vice President, Enterprise Segment, North America and Canada. Seans prior employers include General Dynamics and Honeywell Aerospace. Nawbi has served as AeroVironment's president and CEO since May of 2016. Wahid Nawabi Chairman, President & CEO at AeroVironment Inc. Los Angeles Metropolitan Area 6K followers 500+ connections Join to follow LiquidStack University of Maryland About Specialties: *. During his tenure at JAMS, Kevin helped the company nearly double its revenue and more than double its EBITDA. For more information, visit www.avinc.com. He says AeroVironment is a great place to work because: "AeroVironment is a compassionate and caring organization; focused on a clearly articulated future vision that excites and motivates everyone.". AeroVironment executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Corporate Social Responsibility Program, NBC Nightly News: Exclusive Look at New 'Killer' Drone Small Enough to Fit in a Backpack, Kamikaze Drones: A new weapon brings power and peril to the U.S. Military, Puma AE UAS in Action with Canadian and U.S. Coast Guards on a Joint Mission to Track and Seize $638MM Worth of Cocaine, AeroVironment Awarded $4 Million Small Unmanned Aircraft Systems Foreign Military Sales Contract for U.S. Trace has 20 years of experience in the defense industry and earned a Bachelor of Science degree in Business and Economics from the University of Kansas. AeroVironmentprovides technology solutions at the intersection of robotics, sensors, software analytics and connectivity that deliver more actionable intelligence so you can Proceed with Certainty. Mr. Nawabi has served as the President of AeroVironment, Inc. and served as its Chief Operating Officer since April 30, 2015 until May 1, 2016. Wahid played a key role in growing the company from $50 million to more than $2.4 billion in annual revenue, and its eventual sale to Schneider Electric for $6.1 Billion. Be our fan on Facebook. Vadiraj is based out of Bangalore Urban, Karnataka, India and works in the IT Services and IT Consulting industry. Gorik earned Bachelors and Masters of Science degrees in Mechanical Engineering from the University of Southern California. AeroVironment announced on Tuesday that its Board of Directors has unanimously elected Wahid Nawabi to succeed Tim Conver as chairman upon Conver's retirement effective at the company's 2021 . NAWABI:They could use thousands of Switchblades. Here are a few: Forbes: Shadowy Switchblade Kamikaze Drones On Their Way To Ukraine: Heres What We Know About Them, How Switchblade Drones Could Turn the Tide of Ukraine War, Distributed Warfare and Uncrewed Systems in the New Era of Strategic Competition, A Year After Landing on Mars, One-of-a-Kind Helicopter Developed in Ventura County Still Flying, AeroVironment Awarded $8.5 Million Puma AE Unmanned Aircraft Systems Foreign Military Sales Contract for U.S. Mr. Nawabi earned his Undergraduate Degree from The University of Maryland at College Park in Electrical Engineering, concentrating in Power. With these long standoff distances, you can then decide to designate the target. This is powered with outstanding team members who push each other to create solutions for the most challenging missions. These days, AeroVironment's website comes out, well, firing. IUS:WHAT DO YOU THINK OF THE KAMIKAZE REFERENCES AROUND SWITCHBLADE? All of that is in the control and the command of the operators. We also discussed how a commitment to resistance dates back to his growing up in Afghanistan, from where he fled at age 14 with his three younger siblings after that earlier Soviet invasion. I am excited and honored to lead such a team in order to help all of our 3 stakeholders Proceed with Certainty.. Furthermore, at least four other AeroVironment UAS have deployed against invading forces. Wahid Nawabi has served as our Chief Executive Officer and a member of our board of directors since 2016. Wahid sees similar potential in the electric vehicle industry and is committed to enabling the mass adoption of EVs and the advancement of the clean transportation movement. We do this on a regular basis, worldwide. 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