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On behalf of AeroVironments Board of Directors, I thank Tim for his vision, determination and guidance. He was appointed as Chairman of the Board of Directors in September 2021. IUS:CAN YOU TAKE US THROUGH AEROVIRONMENTS PRESENCE IN UKRAINE? 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! The estimated net worth of Wahid Nawabi is at least $3.75 million as of April 5th, 2021. 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. Switchblade 600 has the Javelin warhead, but it actually goes 10 times further. We are not a big consumer relative to guys like Sony and Apple. IUS:LETS SWITCH OVER TO THE QUANTIX. 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. Wahid also managed multiple business process improvement projects, which led to significant improvements in customer satisfaction and operational efficiency. These days,AeroVironments website comes out, well, firing. Nawabi: The evolving threat is what you saw in the Armenia-Azerbaijan war in 2020 where lethal, armed drones made by . Sebagaimana pemikiran Wahid lainnya, gagasan pribumisasi Islam itu pun menuai pro dan kontra, terutama ketika assalamu'alaikum disamakan dengan ahlan wa sahlan atau shabah al-khayr. Inside Unmanned Systems: Up Close With Wahid Nawabi, Chairman, President & CEO of AeroVironment July 07, 2022 From Switchblade to Quantix, AeroVironment is filling the skies of Ukraine with capable UAS. Following the completion of the sale, the chief executive officer now directly owns 42,475 shares of the company's stock, valued at $5,153,491.75. 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. We know that 18 or 20-year-old young kids are going to be operating this stuff. Mr. Nawabi served as the General Manager of Efficient Energy Systems Business Segment at AeroVironment, Inc. from December 13, 2011 to April 30, 2015 and served as its Senior Vice Presidentfrom December 13, 2011 to January 16, 2016. He also led the development of a wide range of novel large hybrid electric UAS for commercial and defense applications. Cris Sapera has been in the Aerospace and Defense industry for over 23 years. Copyright 2023 Surperformance. It could create havoc. He says AeroVironment is a great place to work because:There is no place like AeroVironment where a group of honorable, smart, and hardworking people can make such a big and positive impact on our lives and society. NAWABI:I am not able to. As of 29 June 2022 he still owns at least 75,764 units of AeroVironment stock. NAWABI:Yes. 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. 3 I DEWA MADE WAHYU WIJAYA X1 MENGGAMBAR. Welcome to our fourth quarter and full fiscal year 2020 earnings conference call. Nawabi's father was a petroleum engineer and high-ranking government official when the Soviet Union invaded Afghanistan in 1979. Chief Executive Officer, President & Director,Aero Prior to AeroVironment, he had a 20-year career as an Executive with advanced technology companies in industries spanning clean technology, industrial/electrical equipment manufacturing, telecom and energy. 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. Brian is accountable for the strategic direction, financial performance, and operations of AeroVironments UGV business. Enter your email address below to get our daily insider buying and selling report. Scott served as the Vice President of small Unmanned Aircraft Systems beginning in 2012. Education Wahid Nawabi graduated from Center For Creative Leadership and from University of Maryland. He also led C&D Technologies' Americas business. 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. And the United States Stinger missile just switched the paradigm remarkablyit basically disabled the power of the Russians at that time. Wahid Nawabi is currently Chairman of the Board, President and Chief Executive Officer and Director at AeroVironment - View - AeroVironment org chart Create your alert to follow the career of Wahid Nawabi. You can launch Switchblade pretty much from anywhere. During the last twelve months, insiders at the aerospace company sold shares 6 times. We are leveraging the latest technology paired with sound engineering principles in order to deliver to our customers a decisive battlefield advantage. 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. View Vadiraj P.K's email address (v*****@apc***.com) and phone number. We stand for freedom, the message begins, and we stand with our 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. He says AeroVironment is a great place to work because:AeroVironment is a great place to work because we are built upon the idea that truly innovative solutions are hard to discover and even harder to deliver, but nothing will stop us from trying, learning, and improving until we succeed.. Sign Up Now! 2022 Copyrights 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. 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. 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. 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. Its extremely asymmetric. NAWABI:I dont like kamikaze. Its simple, a mental note, but its not really a kamikaze, where its sacrificing a human. As a former segment manager at American Power Conversion (a division of Schneider Electric), Wahid played a key role in revenue growth of $50 million to more than $2.4 billion, helping to establish the company as a world leader in power protection. It's not his first encounter with the Russians.. NAWABI:They become aircraft carriers and they have their own long-standoff firing power. 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. This net worth approximation does not reflect any other assets that Mr. Nawabi may own. Wahid also managed multiple business process improvement projects, which led to significant improvements in customer satisfaction and operational efficiency. Nawabi joined AeroVironment after a 20-year career as an executive with advanced technology companies in industries . Kevin also served as CFO of Digital Insight, where he was instrumental in significantly growing its annual revenue, taking the company public and leading three acquisitions. Charlie is DAWIA Level III certified in program management and completed a successful career in the U.S. Army as an Infantry officer and acquisition professional. Wahid Nawabi, 46, has served as chief operating officer of AeroVironment since April 2015 and as president since January 2016. You dont have to destroy it, you can disable it. Previously, Mr. Nawabi served as our President and Chief Operating Officer from January 2016 to May 2016 and as Senior Vice President and Chief Operating Officer from April 2015 to January 2016. M&A Activity, News. 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. Headquartered in Virginia, AeroVironment is a global leader in intelligent, multi-domain robotic systems and serves defense, government and commercial customers. Furthermore, at least four other AeroVironment UAS have deployed against invading forces. On average, AeroVironment executives and independent directors trade stock every 15 days with the average trade being worth of $1,003,127. They sold a total of 21,115 shares worth more than $1,864,354.22. AeroVironmentprovides technology solutions at the intersection of robotics, sensors, software analytics and connectivity that deliver more actionable intelligence so you can Proceed with Certainty. That tradition continues in high gear today.. Chart Data in Insider Trading History Table. NAWABI:They could use thousands of Switchblades. This sounds like a sales pitch; thats not really the intention. The 300s getting soft assets like a radar station, a supply vehicle. Prior to joining AeroVironment, Mike was General Manager of Astro Aerospace, a Northrop Grumman Corporation strategic business unit. We discussed it as a team within our organization, with our employees. Wahid Nawabi, the head of multi-domain unmanned systems developer AeroVironment, was buoyant. She is responsible for leading the Information Systems teams, securing and scaling the company, and overseeing the path to digital transformation. For Wahid Nawabi, the reasons are both technical and biographical. We also aim to spotlight various federal government employees and interview key government executives whose impact resonates beyond their agency. For more information, visit www.avinc.com. During his tenure at JAMS, Kevin helped the company nearly double its revenue and more than double its EBITDA. 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. The most recent insider tranaction occured on January, 12th when Director Stephen F Page sold 5,089 shares worth more than $450,223.83. If you have small-size fast ships, or from the shoreline, and you want to take out Russian ships, its extremely effective. 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. Wahid Nawabi joined AeroVironment in 201 1 as senior vice president and general manager of the EES business segment. Breaking Defense: Multi-Domain Operations need the "right" solutions. With Puma, we just received the first contract. We actually deployed our team to be able to go and train them. Brian has served as the Vice President of Unmanned Ground Vehicles (UGVs) at AeroVironment since March 2021. Scott Newbern has served as the Vice President and Chief Technology Officer of AeroVironment since December of 2018. The oldest executive at AeroVironment Inc. is Stephen Page, 80, who is the Independent Director. 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. We use a lot of very sophisticated sensors. IUS:LETS SWITCH OVER TO THE MORAL DIMENSION. YOU AND THE COMPANY HAVE BEEN PRETTY OUTSPOKEN. He was appointed as Chairman of the Board of Directors in September 2021.