Form 8-K · Current Report · Filed 2026-06-25
AeroVironment Appoints William J. Lynn III to Board of Directors
AeroVironment, Inc. announced on June 24, 2026, the appointment of William J. Lynn III to its Board of Directors, effective immediately. The board size was reduced from ten to nine directors as a result of this appointment. Lynn, a former U.S. Deputy Secretary of Defense and CEO of Leonardo DRS, Inc., brings extensive experience in government, national security, and defense technology. His appointment is expected to provide valuable insights as the company scales and advances its position in the global security environment. The company also entered into an indemnification agreement with Lynn, consistent with those for other directors.
- Filer
- AeroVironment Inc. AVAV · NASDAQ
- Filed
- Accession
- 0001104659-26-077575
- CIK
- 0001368622
- Signal
- High impactIndustrials
- Source
- Official filing on sec.gov ↗
Items reported
Reported Item
Market reaction
Close before filing
$142.18
Next session
-3.0%
Since filing
+5.1%
Latest close
$149.37
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from AVAV reporting the same item, with the next session's move:
Insider tape
Within 45 days of this filing, AVAV insiders reported 51 Form 4 transactions — net selling of $6.1M.
About AeroVironment Inc.
AeroVironment Inc. is a leading technology company specializing in unmanned aerial systems (UAS) and related products. Primarily serving defense, public safety, and commercial markets, AeroVironment's products are known for their innovation in surveillance, reconnaissance, and tactical operations. It develops and manufactures small, unmanned aircraft systems, tactical missile systems, and electric vehicle charging solutions, contributing significantly to both military and renewable energy sectors. AeroVironment has established itself as a vital player by providing key reconnaissance and surveillance capabilities to defense forces globally, enhancing situational awareness and operational effectiveness. The company's focus on energy-efficient and environmentally friendly technologies underscores its commitment to sustainability. Founded in 1971 and headquartered in Arlington, Virginia, AeroVironment's extensive expertise and pioneering technologies continue to advance the capabilities of UAS, playing a crucial role in modern intelligence and security operations. The company's influence extends across several industries, contributing to innovations in renewable energy infrastructure and achieving strategic breakthroughs in aerial system design and application.
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