AeroVironment publishes fiscal 2026 annual report

• AeroVironment’s annual report for the fiscal year ended April 30, 2026 described a transformational year driven by portfolio expansion.
• Two deals reshaped the business: BlueHalo added counter-UAS, space, cyber, directed energy capabilities; ESAero strengthened design-to-manufacturing execution.
• Product rollout broadened offerings, including Switchblade 400, Titan 4 RF, LOCUST X3; AV Halo software positioned as a unifying command-and-control layer.
• Capacity expansion plans targeted Salt Lake City, Albuquerque, Huntsville, Dayton to support higher throughput and supply chain resilience.
• Backlog rose to USD 1.18 billion; about 85% expected to convert to revenue in fiscal 2027.

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