We actually deployed our team to be able to go and train them. All of that is in the control and the command of the operators. 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. Mr. Nawabi has a B.S. Wahid Nawabi, chairman, president and chief executive officer of AeroVironment. At 120 pounds all in, the Switchblade 600 can be set up and launched in less than 10 minutes, dash at up to 110 miles per hour, loiter for 40 minutes and use high-precision optics to precisely deliver an anti-armor warhead against larger, hardened non-line-of-sight targets. WHATS ITS UTILITY IN THE CURRENT CONFLICT? 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 . DAFTAR Pemilihan Seni | PDF Sign Up Now! The largest trade he's ever made was selling 71,722 units of AeroVironment stock on 18 March 2021 worth over $8,813,917. Prior to his current role, Wahid served as President and Chief Operating Officer of the company, where he managed all aspects of AeroVironments two business segments. NAWABI:The 600 is electrically powered, it has almost no heat signature, very little noise signature, a very, very small radar signatureit looks like a bird in the sky. Trace has 20 years of experience in the defense industry and earned a Bachelor of Science degree in Business and Economics from the University of Kansas. Prior to joining AeroVironment, Mike was General Manager of Astro Aerospace, a Northrop Grumman Corporation strategic business unit. Wahid Nawabi Net Worth, Biography, and Insider Trading Mr. Nawabi has served as the President of AeroVironment, Inc. and served as its Chief Operating Officer since April 30, 2015 until May 1, 2016. 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. He says AeroVironment is a great place to work because:"I am proud to be part of the AeroVironment team. Musk Made a Mess at Twitter. 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. You can launch Switchblade pretty much from anywhere. both technical and biographical. ExecutiveGov serves as a news source for the hot topics and issues facing federal government departments and agencies such as Gov 2.0, cybersecurity policy, health IT, green IT and national security. Not only the UAVs, but also the whole system plus training. Watch Jim Cramer's full interview with AeroVironment CEO Wahid Nawabi 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. Because were a much smaller customer in that category, we need priority orders from the DOD, where can make thousands of these. AeroVironment and AV are trademarks of AeroVironment, Inc. | Privacy | Terms | Cookies Policy | Investors | CA Transparency Act | CCPA Privacy Policy, . And it does that in less than one hour, giving a very accurate, precise map of the actual battlefield. He has also successfully completed multiple executive management and leadership training programs. His methodologies have been published on Purchasing Automation.com, and he has presented his topics at the Boston Top 100 Companies Learning Summit, Supplier Performance Summit, and the American Production and Inventory Control Society.He says AeroVironment is a great place to work because:AeroVironment is the place where challenging boundaries and pushing beyond the norm is a way of life and part of the cultural DNA. Be our fan on Facebook. The oldest executive at AeroVironment Inc. is StephenPage, 80, who is the Independent Director. In this role, Mike had leadership responsibility for operations, including a wide range of innovative space deployable hardware and unfurlable RF antennas for various military and commercial customers. Prior to Astro Aerospace, Mike was Sr. Director of Northrop Grummans Navigator business where he led a significant portfolio of military and commercial navigator product lines including the modernization of military Navigators using M-Code GPS. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. This sounds like a sales pitch; thats not really the intention. As part of our commitment to strong corporate governance, the AeroVironment Board of Directors maintains an ongoing and deliberate process for managing succession. The training is extremely straightforwarda few days onsite or in a classroom. 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. We know that 18 or 20-year-old young kids are going to be operating this stuff. 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. 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. AeroVironment can also be reached via phone at (805) 520-8350 and via email at [emailprotected] Learn More on Wahid Nawabi's contact information. On average, AeroVironment executives and independent directors trade stock every 15 days with the average trade being worth of $1,003,127. The estimated net worth of Wahid Nawabi is at least $3.79 million as of April 5th, 2021. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX, Chairman/President/CEO, Aerovironment Inc. 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. Most recently, Wahid Nawabi sold 24,716 shares of the business's stock in a transaction on Monday, April 5th. With Puma, we just received the first contract. Wahid Nawabi Chairman, President & CEO at AeroVironment Inc. Los Angeles Metropolitan Area 6K followers 500+ connections Join to follow LiquidStack University of Maryland About Specialties: *. The joystick, the controllers are all like a great video game. NAWABI:I dont like kamikaze. Its simple, a mental note, but its not really a kamikaze, where its sacrificing a human. He also led the development of a wide range of novel large hybrid electric UAS for commercial and defense applications. Learn More about insider trades at AeroVironment. 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. Enter your email address below to get our daily insider buying and selling report. Wahid spent 16 years of his career at American Power Conversion Corporation (APC) in multiple leadership roles helping the company achieve its business strategy. 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! Kevin earned his J.D. And then it flies just like a UAS. 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. 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. Copyright 2023 AeroVironment, Inc. - All rights reserved. IUS:WHAT LEVEL OF TRAINING IS NEEDED FOR EITHER SWITCHBLADE? IUS:IS THERE ANYTHING ELSE ABOUT SWITCHBLADE YOU WANT TO GET ACROSS? 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. Vadiraj works at Apc By Schneider Electric as Quality Manager. About Wahid Nawabi. Wahid sees similar potential in the electric vehicle industry and is committed to enabling the mass adoption of EVs and the advancement of the clean transportation movement. With a combined 35 years in the defense industry, Brett has also held various leadership roles at GE Aircraft Controls, Martin Marietta, Lockheed Martin, BAE Systems. Wahid earned his bachelors degree in Electrical Engineering from The University of Maryland at College Park. Colin Walker has served as the Vice President of Fulfillment since December 2018 and is accountable for the introduction of new manufacturable products, strategic forecast planning, procurement and inventory management, and operational planning of customer deliverable hardware to contract requirements. NAWABI:Switchblade is also very effectiveespecially 600against ships. Prior to that he served as Deputy General Manager UAS and was responsible for the leadership of our Emerging Business overseeing our HAPS business and still serves as a Board Member of HAPSMobile, our Joint Venture with Soft Bank. Its quiet, its undetectable. Brett has been with AeroVironment since 2010. And billions in devastation. Russia's war on Ukraine latest: Putin casts war as battle for nation's survival, India FM Jaishankar says Soros dangerous, debate needed on democracy, Buffett's Berkshire profit falls on investments, currencies, Bill Gates buys Heineken stake, despite saying he's 'not a big beer drinker', Elon Musk recruits team to develop OpenAI rival - The Information, Hedge fund manager Chris Hohn demands Airbus drop Atos deal - letter, Elon Musk's challenge: Stay ahead of the competition, ISS urges Apple shareholders to vote for CEO Tim Cook, other execs' pay packages, Elon Musk accuses media of racism after newspapers drop 'Dilbert' cartoon, French media billionaire Niel fails with bid for TNT television frequence - Arcom, Chairman, President & Chief Executive Officer. In this episode, hear how Yee introduced Jay Electronica to Jay Z, why she decided to book Eminem for one of his first shows, and how she's expanded her empire to include real estate and a new coffee venture. Its exciting to come to work each day and be a part of the innovative and creative work that we do and see how our products help our customers.". NAWABI:Yes. Wahid Nawabi is senior vice president and general manager of Efficient Energy Systems (EES) at AeroVironment. He taught Mechanical Engineering courses at the United States Military Academy where he also coached Army Mens Crew and conducted ground-breaking high temperature research for Picatinny Arsenal on 155mm cannon-projectile interfaces. ExecutiveGov, published by Executive Mosaic, is a site dedicated to the news and headlines in the federal government. Wahid Nawabi - Chairman, President & Chief Executive Officer Jonah Teeter-Balin - Senior Director of Corporate Development & Investor Relations Kevin McDonnell - Senior Vice President & Chief. 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. Mr. Nawabi has served as our President and Chief Executive Officer since May 2016. 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.. It could create havoc. Still, the weapon has earned Wahid Nawabi a place (along with Vice President Kamala Harris) on the list of Americans whom Russia has sanctioned. IUS:HOW DO YOU THINK THESE KINDS OF VEHICLES ARE CHANGING THE NATURE OF WARFARE? watch now. AeroVironment, Inc. (AVAV) CEO Wahid Nawabi on Q3 2022 Results