AeroVironment CEO says company remains interested in Army programs

Despite not winning spots on two Army programs, AeroVironment continues to watch the initiatives, according to the company's chief executive.

AeroVironment disclosed earlier this year that it was not selected for the Army's Soldier Borne Sensor program and did not win a spot "among the initial candidates" for the service's Short Range Reconnaissance effort.

However, Wahid Nawabi told Inside Defense this week at the Association of the U.S. Army's annual conference that the programs are "not completely out of the question."

"We still are watching it," he said, declining to definitively say whether AeroVironment will pursue the efforts, citing competitive reasons.

Meanwhile, Nawabi said AeroVironment last year saw its international sales surpass its domestic sales for the first time. According to its annual report, 52% of AeroVironment's sales in fiscal year 2019 were international; 48% were domestic.

Nawabi said AeroVironment has diversified, making it "more resilient to changing markets and conditions."