AeroVironment Expands Defense Manufacturing in New Mexico

AeroVironment announced plans to invest more than $30 million to expand its manufacturing operations in Albuquerque, New Mexico. The March 3 announcement includes a $6 million incentive package tied to job creation milestones. The facility produces RF systems, satellite communications ground terminals, laser systems, and precision optics used in defense applications. Company officials said the expansion will strengthen domestic production capabilities and support growing demand for advanced defense technologies. CEO Wahid Nawabi described the project as an investment in the U.S. defense industrial base and the company’s long-term manufacturing growth strategy.