The company was founded by Paul B. MacCready, Jr. in July 1971 and is headquartered in Arlington, VA. Wahid Nawabi is 51, he's been the President, Chief Executive Officer, and Director of AeroVironment since 2016. Regine Lawton joined AeroVironment in May 2020 as Vice President and Chief Information Officer. Most notably, Kevin held various senior financial roles at Teradata Corporation during its high-growth phase, where the company grew from $3 million to $300 million in revenue and expanded globally into Europe and Asia. With a combined 35 years in the defense industry, Brett has also held various leadership roles at GE Aircraft Controls, Martin Marietta, Lockheed Martin, BAE Systems. Ally, AeroVironment Awarded $10.5 Million Puma LE Unmanned Aircraft Systems Foreign Military Sales Contract for U.S. This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, No Major Offer Expected on Childcare in UK Budget, Biden Gives Medal of Honor to Trailblazing Special Forces Member, Oil Investors Get $128 Billion Handout as Doubts Grow About Fossil Fuels, Climate Change Is Launching a MutantSeed Space Race, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? Its extremely quiet. It's extremely simple to operate: it's got a tablet, and you draw boundaries and you push "Go." The UAV plans its mission and takes off on its own. ExecutiveGov serves as a news source for the hot topics and issues facing federal government departments and agencies such as Gov 2.0, cybersecurity policy, health IT, green IT and national security. Guinea Sets Two-Week Deadline for Alumina Plants Projects, RAF Jets Escort Plane in Distress to Stansted Airport, British Parents Turn to Home Equity to Help Young Buy Property, Japanese Unions Seek Biggest Pay Rise in 25 Years for Workers, Sorry, Fed, Most US Mortgage Rates Were Locked In During Pandemic Lows, Shortage ofMetals for EVs Is Rising Up the Agenda in Automakers C-Suites. AeroVironment can also be reached via phone at (805) 520-8350 and via email at [emailprotected] Learn More on Wahid Nawabi's contact information. NAWABI:Yes. And they all work as an integrated system together. Tim Conver has over three decades of experience working for AeroVironment. both technical and biographical. Being part of an innovative team, fun atmosphere and surrounded by welcoming people make it exciting to come to work and develop solutions to make our customers successful.Regine has 25 years of experience in the computer and software industry. During his 16 years at American Power Conversion (APC), its revenue increased from $50 million to more than $2.4 billion and it became the world leader in power protection. Mr. Nawabi owns 42,475 shares of AeroVironment stock worth more than $3,791,743 as of March 4th. Because were a much smaller customer in that category, we need priority orders from the DOD, where can make thousands of these. DAFTAR Pemilihan Seni | PDF "Bloomberg Opinion" columnists offer their opinions on issues in the news. Scott led advanced UAS development activities including establishing high volume SUAS manufacturing capability at AeroVironment. Still, the weapon has earned Wahid Nawabi a place (along with Vice President Kamala Harris) on the list of Americans whom Russia has sanctioned. Wahids track record of effective leadership and demonstrated results as chief executive officer, which include three consecutive years of profitable, double-digit revenue growth, are fundamental to the Boards decision to elect Wahid as the next chairman. Up Close WithWahid Nawabi, CEO, chairman and president Ally, AeroVironments New Mantis i45 N Multi-Sensor Imaging Payload Delivers Advanced ISR for Nighttime Operations, AeroVironment Awarded $20.3 Million Switchblade 600 Tactical Missile Systems Hardware Contract by U.S. Special Operations Command, AeroVironment Demonstrates First-Ever Switchblade Loitering Missile Integration for Air Launched Effects from JUMP 20 Medium Unmanned Aircraft System, 2022 Corporate Social Responsibility Report. Its extremely precise because it has vision algorithm and object tracking algorithms, and the gimbal intelligence essentially tells how to sweeten the target and hit the bullseye. When he was a young teenager, Wahid Nawabi would go to the roof of his family's . There are 11 older and 6 younger executives at AeroVironment. On average, AeroVironment executives and independent directors trade stock every 15 days with the average trade being worth of $1,003,127. NAWABI:Life has very mysterious ways of things happening. Wahid Nawabi has served as our Chief Executive Officer and a member of our board of directors since 2016. AeroVironment announced on Tuesday that its Board of Directors has unanimously elected Wahid Nawabi to succeed Tim Conver as chairman upon Convers retirement effective at the companys 2021 annual meeting of shareholders. watch now. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. He also served as Senior Vice President and General Manager, EES from December 2011 to April 2015. Cris holds a Bachelor of Science degree in Mechanical Engineering from California State, Northridge, a Masters in Astronautical Engineering from University of Southern California and an MBA from Pepperdine University. Our team provides solutions to complex problems, by collaborating across various functions while demonstrating ownership and accountability. M&A Activity, News. Army Selects AeroVironment JUMP 20 Medium Unmanned Aircraft System for Future Tactical Unmanned Aircraft System (FTUAS) Increment 1, AeroVironment Acquires Planck Aerosystems, a Leading Provider of Advanced Unmanned Aircraft Navigation Solutions, Business Insider: Drones That Choose Their Own Targets Could Change Modern Warfare, This UGV Miracle Weapon Should Now Save the Grunewald, Breaking Defense Bigger, Faster, Longer: As Market Grows, Loitering Munition Makers Eye Next Revolution, Inside Unmanned Systems: Up Close With Wahid Nawabi, Chairman, President & CEO of AeroVironment, AeroVironment Awarded $6.2 Million Puma 3 AE Unmanned Aircraft Systems Contract by United States Marine Corps, CNN "First Move" - Russia's War on Ukraine, Fox News: Ukraine Using Kamikaze Drones on the Front Lines, CBS Sunday Morning: The Switchblade "kamikaze" Drone, AeroVironment Successfully Demonstrates Multi-Domain Unmanned Systems, Computer Vision and Sensor Fusion Software at IMX/CE 22, Puma AE UAS An ISR Platform That's Ideal for CounterTrafficking, AeroVironment Donates Over 100 Quantix Recon Unmanned Aircraft Systems to the Ministry of Defence of Ukraine and Territorial Forces, Defense News Industry Perspective: Creating a New Paradigm for U.S. Force Overmatch, Industry Panel Event: How All-Domain Interoperability Will Influence the Future of Warfare. Multi-domain unmanned systems for future warfare at the tactical edge He also was responsible for the integration efforts of any Merger or Acquisition and for the strategic and tactical execution of the UAS P&L. He led the integration of the companys engineering, operations, supply chain and quality functional organizations into a single corporate shared services model across both business segments and all product lines. I also see the maritime domain in the future changing, where Switchblade will not only be on helicopters, airplanes and ground vehicles, but also on ships. Brian is accountable for the strategic direction, financial performance, and operations of AeroVironments UGV business. Each can cover 400 acres or 20 kilometers as 18 megapixel RGB and multispectral cameras capture automated and hands-free reconnaissance data. Where creativity is applauded, results are rewarded and we strive to make a positive difference in the lives of the customers we serve.Colin holds a Bachelor of Science degree in Electrical Engineering from the University of Liverpool and earned a Masters degree in Business Administration from the University Of London. Wahid's mailing address filed with the SEC is 241 18TH STREET SOUTH, SUITE #415, ARLINGTON, VA, 22202. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX, Chairman/President/CEO, Aerovironment Inc. As of 29 June 2022 he still owns at least 75,764 units of AeroVironment stock. During his 16-year tenure at American Power Conversion, Mr. Nawabi was instrumental to the company's growth into global market leadership positions in power protection and data center physical infrastructure, with significant roles in starting and growing the company's data center physical infrastructure business and in developing and expanding the company's business across Europe and Asia. He also led C&D Technologies' Americas business. 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. Ally, AeroVironments New Mantis i45 N Multi-Sensor Imaging Payload Delivers Advanced ISR for Nighttime Operations, AeroVironment Awarded $20.3 Million Switchblade 600 Tactical Missile Systems Hardware Contract by U.S. Special Operations Command, AeroVironment Demonstrates First-Ever Switchblade Loitering Missile Integration for Air Launched Effects from JUMP 20 Medium Unmanned Aircraft System, 2022 Corporate Social Responsibility Report, USA Today: Its hard, but theyre holding on: On the ground in Ukraine, the war depends on U.S. weapons, Collaborate and learn from the brightest minds in the industry. Wahid Nawabi, the head of multi-domain unmanned systems developer AeroVironment, was buoyant. at Loyola Law School and graduated cum laude with a Bachelor of Arts degree in Business Administration from Loyola Marymount University. NAWABI: It's 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. 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. Wahid Nawabi, 46, has served as chief operating officer of AeroVironment since April 2015 and as president since January 2016. IUS:CHANGING SUBJECTS, ARE YOU GETTING HIT BY THE CHIP SHORTAGE? 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 a number of award-winning, innovative new products and significantly improved its position in the market. It could create havoc. Wahid Nawabi Net Worth, Biography, and Insider Trading He has earned a Bachelor of Science degree in Business Management from the University of South Florida and a Master of Business Administration (MBA) from the University of Tampa as well as multiple professional certifications. Biography of Wahid Nawabi - The Official Board Mike earned a Bachelor of Science degree in Aerospace Engineering from Wichita State University and a Master Degree in Systems Engineering and Architecting from University of Southern California. He is certified in both Six Sigma and Lean Manufacturing and his guidelines and methodologies for supply chain improvements are known professionally. Wahid Nawabi has served as our Chief Executive Officer and a member of our board of directors since 2016. In addition, he makes $3,056,940 as President, Chief Executive Officer, and Director at AeroVironment. IUS:WHAT LEVEL OF TRAINING IS NEEDED FOR EITHER SWITCHBLADE? AeroVironment (Nasdaq: AVAV) has finalized its acquisition of Arcturus UAV through a $405 million cash-and-stock transaction in a push to expand its . 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. Over the last 16 years, insiders at AeroVironment have traded over $139,920,012 worth of AeroVironment stock and bought 55,000 units worth $1,015,621 Now He's Sending Drones to Ukraine to Beat Back the Russian Invasion. Their conflict is ideal for Switchblade. Information on this page was last updated on 1/12/2023. Prior to joining AeroVironment in 2020, Kevin McDonnell served as chief financial officer of JAMS, Inc., which provides alternative dispute resolution services. 09:02. VerdeXchange News | The Bloc | 700 South Flower Street, Suite 700 | Los Angeles, CA 90017Telephone: (213) 623-3801 | Facsimile: (213) 623-9207VerdeXchange News (ISSN 1082-1171/USPS 012-619) is published quarterly by the VerdeXchange Institute.The VerdeXchange Institute is a 501(c)(3) project of Community Partners. Charlie Dean joined AeroVironment in 2021 as the companys Vice President of Global Business Development, Sales and Marketing. AeroVironment and AV are trademarks of AeroVironment, Inc. | Privacy | Terms | Cookies Policy | Investors | CA Transparency Act | CCPA Privacy Policy, . As the CEO of AeroVironment, Inc., Mr. Nawabi earned a total compensation package of $2,524,773.00 in 2021. Trace Stevenson has served as the Vice President and Product Line General Manager, SUAS since 2021. Will Others Follow? Scott earned a Bachelor of Science degree in Aerospace Engineering from North Carolina State University and a Master of Science degree in Aerospace Engineering from North Carolina State University with specialty in UAS aerodynamic modeling, control system design and flight research. Kevin brings more than 30 years of experience in financial, IT and HR leadership roles, including serving as chief financial officer for companies in the technology, automotive and health industries. Wahid also managed multiple business process improvement projects, which led to significant improvements in customer satisfaction and operational efficiency. AeroVironment's President/CEO defines the culture, teamwork and execution behind the Mars Ingenuity breakthrough. NAWABI:DOD has been using Switchblade for many years, and Ukraine reached out to the White House and the Pentagon, as well as us. Learn More on AeroVironment's active insiders. Copyright 2023 Surperformance. The "Mad Money" host interviewed AeroVironment CEO Wahid Nawabi on Monday's episode of the show. Scott has served in various UAS leadership positions at AeroVironment since joining the company in 1997. Prior to joining AeroVironment, Brian spent 9 years at Lockheed Martin managing SUAS and Sea-based Missile Defense programs while participating in the companys Engineering Leadership Development Program. While at Northrop Grumman he held various positions within engineering including functional Director and Product Line Director. Wahid Nawabi has served as our Chief Executive Officer and a member of our board of directors since 2016. AeroVironment's insider roster includes Timothy Conver (Chairman), Timothy Conver (Chairman), Wahid Nawabi (CEO), Alison Roelke (VP), Brian Shackley (CAO), and Mark Zuckerberg (CEO). From media and technology to finance and real estate, leagues and. Its a program of record for the U.S. Army. Gorik has also held Program Management and Engineering positions at major aerospace and defense organizations including, Boeing Satellite Systems, and Honeywell International (formerly AlliedSignal). He was appointed as Chairman of the Board of Directors in September 2021. Get the latest updates and Facebook-only posts. Scott also completed Stanford Executive Institute program for high technology executives and Gap Internationals Executive Mastery. Mr. Nawabi owns 42,475 shares of AeroVironment stock worth more than $3,747,994 as of February 13th. This net worth approximation does not reflect any other assets that Mr. Nawabi may own. Chart Data in Insider Trading History Table. 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. First fielded in 2010, the Switchblade has gone from initial low-quantity deployment to thousands being distributed to the U.S. military and beyond. Kevin earned his J.D. This includes the leadership of our Pathfinder Program, a technical leadership program which comprises our technical fellows and select exceptional engineering talent. Mr. Nawabi earned a salary of $632,319.00, a bonus of $199,080.00, stock awards of $1,333,024.00, non-equity compensation of $336,433.00, and other compensation of $23,917.00. Wahid Nawabi | AeroVironment, Inc | United States of America Wahid also managed multiple business process improvement projects, which led to significant improvements in customer satisfaction and operational efficiency. 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. There are 11 older and 6 younger executives at AeroVironment. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. Executive Mosaic Wahid Nawabi, president and chief executive officer of AeroVironment, discusses his company's drones and their future applications in society with Bloomberg's Ed Hammond on "Bloomberg Markets:. Cris Sapera has been in the Aerospace and Defense industry for over 23 years. It was 108. IUS:CAN YOU TAKE US THROUGH AEROVIRONMENTS PRESENCE IN UKRAINE? Mr. Nawabi has been a Director of AeroVironment, Inc. since May 2, 2016. But I spoke to the minister: if they had four-five thousand Switchblade 300s or 600s 10, 20, 30 kilometers from the border before this conflict started, that 40-mile long caravan of the Russian troops would have been annihilated in a matter of probably four or five hours. Chief Executive Officer, President & Director,Aero We actually deployed our team to be able to go and train them. The most recent stock trade was executed by Stephen F Page on 12 January 2023, trading 10,000 units of AVAV stock currently worth $185,700. With 20 years experience in advanced technology in diverse industries such as fuel cells, clean tech, industrial manufacturing, and energy management, Wahid is responsible for architecting the roadmap of AeroVironments Electric Vehicle ecosystem solutions offering. He says AeroVironment is a great place to work because: "We foster an exciting work environment with rapid innovation and tight team collaboration. We stand for freedom, the message begins, and we stand with our Jeff earned an MBA from the University of Michigan Ross School of Business and a Bachelor and Master of Science in Aeronautics and Astronautics from Purdue University. IUS:CAN YOU SAY HOW MANY YOU HAVE PROVIDED TO THE UKRANIANS? Wahid also managed multiple business process improvement projects, which led to significant improvements in customer satisfaction and operational efficiency. 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. These days, AeroVironment's website comes out, well, firing. Colin previously served in various leadership positions at AeroVironment including Sr. Director of Operational Services and as Director of Corporate Quality.Prior to coming to AeroVironment, Colin served in a variety of industries including enterprise analytics software development, nuclear electronics, medical equipment, aerospace, and automotive manufacturing, and he rounded out his career with new business startups and Fortune 500 companies. NAWABI:Yes. AeroVironment Announces Leadership Transition Plan About Wahid Nawabi. The smaller Switchblade 300 is rucksack-portable. Mr. Nawabi has served as our President and Chief Executive Officer since May 2016. The joystick, the controllers are all like a great video game. Trace has held various leadership roles within AeroVironment, including leading our International Business Unit where he was responsible for the support of over 40 International customers. Prior to Cobham, Gorik was with Northrop Grumman Electronics for 9 years, at the Navigation and Positioning Systems Business Unit in Woodland Hills, California focused on leading and transforming a multi-national avionics business unit serving both military and commercial markets. On behalf of AeroVironments Board of Directors, I thank Tim for his vision, determination and guidance. This chart shows Wahid Nawabi's buying and selling at AeroVironment by year and by quarter. Starting in 2015, as the first small UAS Product Line Director, Brian managed product strategy and the investment portfolio for AeroVironments family of small UAS, including Puma, Raven, Wasp, and other unmanned aircraft. Sean has nearly two decades of experience in the aerospace and defense industry. NAWABI:You dont have to have a target yet to launch Switchblade.