Most recently he exercised 10,719 units of AVAV stock worth $1,155,508 on 29 June 2021. . He directed the development of commercial communications satellites at Boeing, serving both domestic and international markets while focusing on environmental control and life support equipment at Honeywell, aimed at commercial, military and manned space applications. Its extremely simple to operate: its got a tablet, and you draw boundaries and you push Go. The UAV plans its mission and takes off on its own. Their conflict is ideal for Switchblade. Charlie Dean joined AeroVironment in 2021 as the companys Vice President of Global Business Development, Sales and Marketing. Teamwork is tremendous and our people are driven by passion to achieve awe-inspiring results.". Education Wahid Nawabi graduated from Center For Creative Leadership and from University of Maryland. 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. He says AeroVironment is a great place to work because:"Knowing that when you come to work every day you are doing something that makes a difference in the world by protecting our warfighters and allies who are preserving our freedom.. Brian has served as the Vice President of Unmanned Ground Vehicles (UGVs) at AeroVironment since March 2021. Wahid Nawabi - Chairman, President & Chief Executive Officer Jonah Teeter-Balin - Senior Director of Corporate Development & Investor Relations Kevin McDonnell - Senior Vice President & Chief. Speaking of EES, new AeroVironment CEO Wahid Nawabi hails from the "efficient energy" side of AeroVironment, having joined the company as senior VP for that division after being hired away from . 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. Mr. Nawabi owns 42,475 shares of AeroVironment stock worth more than $3,747,994 as of February 13th. The shares were sold at an average price of $121.33, for a transaction totalling $2,998,792.28. AeroVironment (Nasdaq: AVAV) has finalized its acquisition of Arcturus UAV through a $405 million cash-and-stock transaction in a push to expand its . At AeroVironment, the focus is only on robots - originally drones, and increasingly ground robots and even . Chief Executive Officer, President & Director,Aero Mr. Nawabi has served as our President and Chief Executive Officer since May 2016. Nawabi spoke from AeroVironments main facility in Simi Valley, California, but was just back from Washington, near AeroVironments recently relocated corporate headquarters in Arlington, Virginia. 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. Imagine a weapon system that can go beyond visual line of sight. Engineers and staff from NASA and its Jet Propulsion Laboratory had just visited to debrief in the wake of the Mars Ingenuity Helicopter's shift from proof of concept to an operational . Ally, AeroVironment Awarded $10.5 Million Puma LE Unmanned Aircraft Systems Foreign Military Sales Contract for U.S. The oldest executive at AeroVironment Inc. is StephenPage, 80, who is the Independent Director. The estimated Net Worth of Wahid Nawabi is at least $21.9 Million dollars as of 29 June 2022. VERDEXCHANGE commits to: 1) connecting the green dots to spur growth of the green economy and the use of clean energy while reducing greenhouse gas pollution; 2) offering commercial entrepreneurs, global investors, environmental stewards, and public officials information and a marketplace for continually learning of innovations, opportunities, and public policies that are driving the trillion dollar global energy and climate change marketplace; and 3) spurring growth of the green economy. Prior to his current role, Brian held positions of increasing responsibility since joining the company in 2012, including management of the Tactical Unmanned Aircraft Systems (TUAS) business from 2019 to 2020. During his tenure, APC became the global leader in designing and manufacturing fully integrated data center power and cooling infrastructure solutions. View Vadiraj P.K's email address (v*****@apc***.com) and phone number. Jonah Teeter-Balin - IR. Learn More on AeroVironment's active insiders. Learn More on Wahid Nawabi's salary. Mr. Nawabi earned his Undergraduate Degree from The University of Maryland at College Park in Electrical Engineering, concentrating in Power. 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! He first became a member of the companys Board of Directors in 1988. Wahid spent 16 years of his career at American Power Conversion Corporation (APC) in multiple leadership roles helping the company achieve its business strategy. NAWABI:As soon as we came up with the concept we realized this is actually a disruptive missile category. 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. Brett has been with AeroVironment since 2010. Breaking Defense: Multi-Domain Operations need the "right" solutions. Melissa earned a juris doctor from the Arizona State University College of Law and a Bachelor of Science in microbiology and molecular genetics from the University of California Los Angeles. He says AeroVironment is a great place to work because: "AeroVironment is a great place to work for me because of the people. 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.Wahid spent 16 years of his career at American Power Conversion Corporation (APC) in multiple leadership roles helping the company achieve its business strategy. Mr. Wahid Nawabi has been the Chief Executive Officer and President of AeroVironment, Inc. since May 2, 2016 and January 16, 2016 respectively. He was appointed as Chairman of the Board of Directors in September 2021. We also aim to spotlight various federal government employees and interview key government executives whose impact resonates beyond their agency. Enter your email address below to get our daily insider buying and selling report. As of 29 June 2022 he still owns at least 75,764 units of AeroVironment stock. 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 . ExecutiveGov, published by Executive Mosaic, is a site dedicated to the news and headlines in the federal government. 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 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. IUS:WHAT DO YOU THINK OF THE KAMIKAZE REFERENCES AROUND SWITCHBLADE? Charlie also held multiple positions over many years at QinetiQ North America related to ground robotics, leading the business development and sales team, product management team, co-led the engineering team, and served as a senior program manager. Basically, you can go up, you can come down, you can come sideways, you can go around. We have a team dedicated to providing mission critical product and services to our customers. M&A Activity, News. This is powered with outstanding team members who push each other to create solutions for the most challenging missions. 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. AeroVironment provides technology solutions at the intersection of robotics, sensors, software analytics and connectivity that deliver more actionable intelligence so you can Proceed with Certainty. He says AeroVironment is a great place to work because:AeroVironment is an exciting and dynamic place to work, where creativity and innovation are embraced. People who are actually warfighters who have used them, generals to individual soldiers on the ground, have all said that this is going to completely change the paradigm of warfare. Our team provides solutions to complex problems, by collaborating across various functions while demonstrating ownership and accountability. 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. There are 11 older and 6 younger executives at AeroVironment. The "Mad Money" host interviewed AeroVironment CEO Wahid Nawabi on Monday's episode of the show. Nawabi: The evolving threat is what you saw in the Armenia-Azerbaijan war in 2020 where lethal, armed drones made by . Celebrating 50 years of innovation, AeroVironment is a global leader in unmanned aircraft systems and tactical missile systems, and serves defense, government and commercial customers. Mr. Nawabi owns 42,475 shares of AeroVironment stock worth more than $3,791,743 as of March 4th. Once it picks a target, it has between 40 to 50-55 minutes of actual loitering time, depending on the atmospheric conditions. both technical and biographical. And once you have a multipack launcher, one operator can basically do six to 20 Switchblades. Copyright 2023 AeroVironment, Inc. - All rights reserved. Prior to joining AeroVironment, Brown served as an associate attorney at K&L Gates LLP in Los Angeles, California and Jennings Strouss and Salmon PLC in Phoenix, Arizona, advising clients on a range of securities transactions, mergers & acquisitions and corporate governance issues. 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. Gorik Hossepian has served as our Vice President and Product Line General Manager, MUAS since 2021 and is responsible for developing and executing product and technology roadmaps, and managing the life cycle of AeroVironments MUAS portfolio.Gorik has over 38 years of experience in military and commercial aerospace as a business unit leader, program manager and engineer.
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