Washington, Navy League’s Sea-Air-Space Exposition, May 16, 2016 — AeroVironment, Inc. (NASDAQ: AVAV) today announced the United States Navy plans to deploy its “BlackwingTM,” a small, tube-launched unmanned aircraft system that deploys from under the surface of the sea, on manned submarines and unmanned underwater vehicles.Blackwing builds on AeroVironment’s extensive operational experience with small unmanned aircraft systems (UAS) and its SwitchbladeTM Lethal Miniature Aerial Missile System (LMAMS) to provide the Navy with a low cost, submarine launched unmanned aircraft system optimized for Anti-Access/Aerial Denial (A2/AD) environments. AeroVironment developed the Blackwing system as part of a 2013 Navy and United States Special Operations Command (USSOCOM) sponsored JCTD called Advanced Weapons Enhanced by Submarine UAS against Mobile targets (AWESUM). This JCTD was completed in September 2015 with a strong recommendation to transition the capability into the fleet. Blackwing employs an advanced, miniature electro-optical and infrared (EO/IR) payload, Selective Availability Anti-spoofing Module (SASSM) GPS and AeroVironment’s secure Digital Data Link (DDL), all packaged into a vehicle that launches from manned and unmanned submarines.“AeroVironment’s new Blackwing unmanned aircraft system is a valuable new capability that resulted from our team’s close collaboration with, and responsiveness to, the U.S. Navy’s undersea warfare community and the Special Operations community,” said Kirk Flittie, AeroVironment vice president and general manager of its Unmanned Aircraft Systems business segment. “Delivering innovative solutions that enhance our customers’ capabilities benefits the US Navy and USSOCOM, and creates new business opportunities for us. In addition to operating from undersea vehicles, Blackwing can also be integrated with and deployed from a wide variety of surface vessels and mobile ground vehicles to provide rapid response reconnaissance capabilities that help our customers operate more safely and effectively.”About AeroVironment Small UASRQ-11B Raven®, RQ-12 Wasp®, RQ-20A Puma™ andSwitchbladeTM 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 30 international governments. About AeroVironmentAeroVironment is a technology solutions provider that designs, develops, produces, supports and operates an advanced portfolio of Unmanned Aircraft Systems (UAS) and electric transportation solutions. The company’s electric-powered, hand-launched unmanned aircraft systems generate and process data to deliver powerful insight, on demand, to people and enterprises engaged in military, public safety and commercial activities around the world. More information about AeroVironment is available at www.avinc.com.