State and regional incentives support phased manufacturing growth and job creation

AeroVironment, Inc. ("AV") (NASDAQ:AVAV), a global defense technology leader, today announced plans to invest $15 million to expand advanced production capabilities in Greene County, Ohio, near Dayton.

Today marked a significant step forward in AV's Dayton expansion as $7 million of the company's total investment was approved by the Ohio Tax Credit Authority.

The expansion strengthens AV's domestic manufacturing footprint and supports continued growth across critical defense programs, including advanced biotechnology manufacturing in support of the Air Force Research Laboratory (AFRL) in Dayton.