AeroVironment Introduces Block Upgrade to Puma AE Unmanned Aircraft System, Including 75 Percent Increase in Flight Duration

  AeroVironment Introduces Block Upgrade to Puma AE Unmanned Aircraft System,
  Including 75 Percent Increase in Flight Duration

  *Extended flight duration provides for longer missions
  *More powerful and efficient propulsion system
  *Increased mission flexibility

Business Wire

WASHINGTON -- October 21, 2013

At the Association of the United States Army Annual Meeting, Oct. 21, 2013 -
AeroVironment, Inc. (NASDAQ:AVAV) today introduced a series of enhancements to
the battle-proven RQ-20A Puma AE small unmanned aircraft system that include
new features and capabilities.

AeroVironment's Puma AE unmanned aircraft system (UAS) (Photo: Business Wire)

AeroVironment's Puma AE unmanned aircraft system (UAS) (Photo: Business Wire)

“Puma has proven itself a valuable tool to military and other government
agencies, and with its recent type-certification by the Federal Aviation
Administration, will soon help more domestic customers perform important jobs
more safely and effectively,” said Roy Minson, AeroVironment senior vice
president and general manager of the company’s Unmanned Aircraft Systems
business segment. “Our enhanced Puma delivers more capability to expand its
usefulness above and beyond what is expected from a Tier I UAS.”

Puma AE’s enhancements include the following:

  *Advanced propulsion system and smart battery technology – a more powerful
    propulsion system with a longer endurance smart battery delivers more than
    three and one-half hours of flight duration, a 75 percent improvement over
    the current Puma AE. For added mission flexibility, versatile smart
    battery optionsare available along with the ability to integrate advanced
    power sources in the future, such as solar and fuel cells
  *Auxiliary payload bay – provides the ability to integrate advanced
    payloads quickly and easily, while preserving Puma’s existing color and
    thermal video camera capability
  *Precision navigation system with secondary GPS – provides greater
    positional accuracy and reliability of the system
  *Added durability –a redesigned fuselage, including reinforced
    construction, delivers improved aerodynamicproperties and increased
    durability while maintaining Puma's All Environment capability

The enhanced Puma AE will be available the first quarter of 2014.

The 13.5-pound Puma AE is fully waterproof, man-portable and can be assembled
in minutes, hand-launched, operated and recovered on sea or land by a team of
two people. It requires no infrastructure, such as runways, launch pads or
recovery devices. In addition, the system is quiet and operates autonomously,
providing persistent observation data.

About AeroVironment’s Family of Small UAS

RQ-11B Raven®, RQ-12 Wasp AE™, RQ-20A Puma™ and Shrike VTOL™ comprise
AeroVironment’s Family of Small Unmanned Aircraft Systems. Operating with a
common ground control system (GCS), this Family of Systems provides increased
capability to the warfighter that can give ground commanders the option of
selecting the appropriate aircraft based on the type of mission to be
performed. This increased capability has the potential to provide significant
force protection and force multiplication benefits to small tactical units and
security personnel. AeroVironment provides logistics services worldwide to
ensure a consistently high level of operational readiness and provides mission
services for customers requiring only the information its small UAS produce.
AeroVironment has delivered thousands of new and replacement small unmanned
air vehicles to customers within the United States and to more than twenty
international governments.

The Qube™ small UAS is tailored to search and rescue, first response, law
enforcement and other public safety missions. Small enough to fit easily in
the trunk of a car, the Qube system can be unpacked, assembled and ready for
flight in less than five minutes, giving the operator a rapidly deployable eye
in the sky at a fraction of the cost of manned aircraft and large unmanned
aircraft.

About AeroVironment, Inc.

AeroVironment is a technology solutions provider that designs, develops,
produces, operates and supports an advanced portfolio of Unmanned Aircraft
Systems (UAS) and electric transportation solutions. Agencies of the U.S.
Department of Defense and allied military services use the company’s
electric-powered, hand-launched unmanned aircraft systems extensively to
provide situational awareness to tactical operating units through real-time,
airborne reconnaissance, surveillance and communication. Multiple government
agencies have helped to fund the development and demonstration of Global
Observer®, a hybrid-electric, stratospheric UAS designed to provide
affordable, persistent reconnaissance and communication over any location on
the globe. Switchblade™ is a tactical missile system designed to provide a
rapid, lethal, pinpoint precision strike capability with minimal collateral
damage. AeroVironment’s electric transportation solutions include a
comprehensive suite of electric vehicle (EV) charging systems, installation
and data services for consumers, automakers, utilities and government
agencies, power cycling and test systems for EV developers and industrial
electric vehicle charging systems for commercial fleets. More information
about AeroVironment is available at www.avinc.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking
statements" as that term is defined in the Private Securities Litigation
Reform Act of 1995. These statements are made on the basis of current
expectations, forecasts and assumptions that involve risks and uncertainties,
including, but not limited to, economic, competitive, governmental and
technological factors outside of our control, that may cause our business,
strategy or actual results to differ materially from those expressed or
implied. 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; our reliance
on sales to the U.S. government; changes in the timing and/or amount of
government spending; changes in the supply and/or demand and/or prices for our
products and services; 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. For a further list and
description of such risks and uncertainties, see the reports we file with the
Securities and Exchange Commission, including our most recent Annual Report on
Form 10-K and Quarterly Reports on 10-Q. We do not intend, and undertake no
obligation, to update any forward-looking statements, whether as a result of
new information, future events or otherwise.

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Contact:

AeroVironment, Inc.
Steven Gitlin, +1 (626) 357-9983
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or
For AeroVironment, Inc.
Mark Boyer, +1 (310) 229-5956
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