AV to invest $100 million in new unified campus in Southern California

AeroVironment, Inc., a global leader in intelligent, multi-domain defence technologies, today announced a planned $100 million investment in a unified company-owned campus on approximately 20 acres in Moorpark, California. The campus will bring teams and capabilities from five leased Southern California locations together to strengthen collaboration across research, engineering, design, prototyping, and production.

The campus will bring teams and capabilities from five leased Southern California locations together to strengthen collaboration across research, engineering, design, prototyping, and production.

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"This infrastructure investment reaffirms AV's enduring commitment to California, where the company was founded more than five decades ago," said Wahid Nawabi, Chairman, President, and Chief Executive Officer at AV. "We are reinvesting in labs, lines and people," said Nawabi. "The campus will be designed around how our teams work, with modern, flexible spaces that support focused work, technical collaboration and future growth."

Mission Velocity, Future Capacity

The campus will be designed to provide flexibility to accommodate future technologies and evolving mission requirements.

"This is about how fast we can move from an idea to getting a system in the hands of the warfighter, and how much more capability we can deliver," said Rob Smith, Chief Operating Officer at AV. "Creating a unified campus will reduce the friction of operating across multiple locations and provide a connected environment designed for speed, collaboration and growth."

Strengthening AV's California Presence

Founded in Southern California, AV is deepening its roots in the state through long-term ownership of the Moorpark campus. Research and development, engineering, design and production will remain core elements in California operations. The Moorpark investment complements AV's broader national manufacturing network, strengthening resilient capacity across the company to meet growing demand from U.S. and allied customers.

Timeline and Next Steps

AV closed on the primary property during its fiscal second quarter. Renovation and construction activities are expected to begin in fiscal 2028, with employee transitions occurring in phases and the campus expected to be fully operational in 2029. The investment is part of AV's planned capital expenditures within its previously issued fiscal 2027 guidance.