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AeroVironment to Invest $100 Million in New California Campus

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AeroVironment (AVAV) plans to invest $100 million in a company-owned campus in Moorpark, California, bringing teams from five Southern California locations together, the company said Monday.

Renovation and construction are expected to begin in fiscal 2028, with employee transitions occurring in phases and the campus expected to be fully operational in 2029.

The company said the investment is part of planned capital expenditures within its previously issued fiscal 2027 guidance.

Price: $150.88, Change: $-9.34, Percent Change: -5.83%

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