AeroVironment says 70% to 80% of employees are working from home

AeroVironment's chief executive said today the company is only seeing "small effects" from the ongoing COVID-19 pandemic.

Speaking at a Raymond James virtual conference, Wahid Nawabi said 70% to 80% of the company's employees are "either exclusively or almost exclusively" remote. He said the contractor's programs continue to move forward.

Nawabi told attendees the pandemic has produced "some minor delays" both in the company’s customers' actions as well as among its suppliers.

"We also believe that the year might be a little back-end loaded," he said.