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All of our facilities are leased.
−Removed: Effective June 2021, our corporate headquarters are located in Arlington, Virginia where we lease approximately 2,000 square feet under an agreement expiring in November 2024.
−Removed: We also lease a total of approximately 280,000 square feet of space in Simi Valley, California, which leases expire between 2022 and 2027, and approximately 150,000 square feet of space in Moorpark, California, which lease expires in 2023, used to design, engineer, test and manufacture UAS.
−Removed: We also lease other facilities in California, Alabama, Kansas, Massachusetts, Minnesota, and Virginia that are used for administration, research and development, logistics, testing and manufacturing.
−Removed: Additionally, in May 2021, we acquired Telerob which has operations in Pennsylvania and Stuttgart, Germany.
−Removed: We believe that our facilities are in good condition and are adequate and suitable to meet our needs for the foreseeable future.
+Added: Our corporate headquarters are located in Arlington, Virginia where we lease approximately 2,000 square feet under an agreement expiring in November 2024.
+Added: We also lease a total of approximately 280,000 square feet of space in Simi Valley, California, which leases expire between 2025 and 2027, and approximately 150,000 square feet of space in Moorpark, California, which lease expires in 2023, used for administration and to design, engineer, test and manufacture UAS.
+Added: We also lease other facilities in California, Alabama, Kansas, Massachusetts, Pennsylvania, Minnesota, Virginia, and Stuttgart, Germany that are used for administration, research and development, logistics, testing and manufacturing.
As of April 30, 2022, our business segments had significant operations at the following locations:
+Added: ● Small UAS, TMS and HAPS:
Simi Valley, CA;
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Petaluma, CA and Rohnert Park, CA.
−Removed: Arlington, VA and Simi Valley, CA
+Added: Stuttgart, Germany and Eerie, PA.
+Added: Arlington, VA, Moorpark, CA and Simi Valley, CA.
Legal Proceeding s.
−Removed: On February 22, 2019, Webasto filed a lawsuit, which was subsequently amended on April 5, 2019, against us in Delaware Superior Court, arising from the sale of the EES Business to Webasto in June 2018.
−Removed: Webasto again amended the complaint in May 2021 to include additional claims.
−Removed: The lawsuit generally alleges several claims against us for breach of contract, indemnity, declaratory judgment, and fraud and misrepresentation, including allegations regarding inaccuracy of certain diligence disclosures, financial disclosures, failure to provide certain consents to contract assignments and related to the previously announced recall.
−Removed: Webasto seeks to recover the costs of the recall and other damages totaling over $100 million in addition to attorneys’ fees, costs, and punitive damages.
−Removed: Additionally, Webasto is seeking a declaratory judgment that we did not meet the requirements to receive the additional $6.5 million of the
−Removed: purchase price which was held back at the closing of the transaction (the “Holdback Amount”).
−Removed: On August 16, 2019, we filed our answer to Webasto’s amended complaint filed in April 2019 and a counterclaim against Webasto seeking payment of the Holdback Amount and declaratory relief regarding Webasto’s cancellation of an assigned contract.
−Removed: We have not yet filed an answer to Webasto’s amended complaint filed in May 2021.
−Removed: As to the Webasto lawsuit, our initial evaluation is that many of the allegations are meritless and that we lack sufficient information to fully analyze other allegations at this time.
−Removed: Discovery in this lawsuit is ongoing and, as of the date if this filing, parties are negotiating a new trial date, likely to occur sometime in 2022.
−Removed: At present, the parties continue the written phase of discovery and have begun taking depositions.
−Removed: We expect nationwide court closures and restrictions resulting from the global COVID-19 pandemic to continue easing, but we expect the possibility of another trial continuance to account for pandemic-related delays, and therefore trial could be pushed into 2023.
−Removed: In order to avoid the future cost, expense, and distraction of continued litigation, we have engaged in settlement negotiations with Webasto.
−Removed: The negotiations did not result in a settlement of any of our or Webasto’s claims, however, we were required to establish reserve related to this litigation as a result of our good faith offer to settle the claims.
−Removed: The offer and resulting reserve do not reflect our view of the merits of the claims made in the litigation, and we continue to vigorously defend all claims.
−Removed: On August 14, 2019, Benchmark, the company that assembled the products subject to the recall, served a demand for arbitration to AeroVironment and Webasto pursuant to its contracts with AeroVironment and Webasto, respectively.
−Removed: In December 2019, Benchmark dismissed, without prejudice, all claims against us in the demand for arbitration.
−Removed: The recall remains a significant part of our pending litigation with Webasto.
−Removed: In January 2021, Webasto also filed a lawsuit against Area 51, the subcontracted supplier of the part that allegedly led to the recall.
−Removed: That case is in the early stages in Orange County Superior Court.
−Removed: Any recovery that Webasto may obtain from Area 51 will likely be an offset to any recovery Webasto might obtain from us in our lawsuit.
+Added: On February 22, 2019, Webasto Charging Systems, Inc.
+Added: (“Webasto”) filed a lawsuit, which was subsequently amended on April 5, 2019, against us in Delaware Superior Court, arising from the sale of the EES Business to Webasto in June 2018.
+Added: The lawsuit generally alleged several claims against us for breach of contract, indemnity, declaratory
+Added: judgment, and fraud and misrepresentation, including allegations regarding inaccuracy of certain diligence disclosures, financial disclosures, failure to provide certain consents to contract assignments and related to the previously announced recall.
+Added: In order to avoid the future cost, expense, and distraction of continued litigation, we executed a written settlement agreement with Webasto effective December 16, 2021, under which we did not admit to any fault or wrongdoing and fully settled all claims in the lawsuit.
+Added: Further, the settlement eliminates future warranty and indemnity claims against the company by Webasto.
+Added: The lawsuit was dismissed on December 28, 2021.
+Added: On August 9, 2021, a former employee filed a class action complaint against AeroVironment in California Superior Court in Los Angeles, California alleging various claims pursuant to the California Labor Code related to wages, meal breaks, overtime and other recordkeeping matters.
+Added: The complaint seeks a jury trial and payment of various alleged unpaid wages, penalties, interest and attorneys’ fees in unspecified amounts.
+Added: We filed our answer on December 16, 2021.
+Added: Discovery in this lawsuit has begun and is ongoing.
+Added: We continue to mount a vigorous defense.
We are subject to lawsuits, government investigations, audits and other legal proceedings from time to time in the ordinary course of our business.
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.