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U.S. DOJ Investigating AeroVironment Billing Practices
The market barely reacted to the news, and the investigation has had no apparent impact on the company's ability to receive government contracts.

On Friday, June 25th, just in time for the start of the weekend, AeroVironment Inc. (Nasdaq: AVAV.O), maker of the Raven and Dragon Eye unmanned aerial vehicles, announced that some of its billing practices were under investigation with the Civil Fraud Section of the United States Department of Justice. According to the statement, the investigation is focusing on three areas:



Special Focus: Top Transactions
Top Transactions

All of the robotics industry’s top reported orders, sales, investments, mergers & acquisitions and financial events of 2012 now available in one downloadable doc!


Medrobotics Closes on $10M in Financing

Robotics’ Top Transactions 2012

Finally, UK Funds Big Boost in Robotics: $55M

Persimmon Technologies Closes Series B Funding with $5.8M

Medrobotics Completes $33.6M in Series D Financing
More in Top Transactions



Diving into ABB’s Discrete Automation Division

Will Robots Make Farm Work a 24/7 Business?

Research that Matters: EU Robotics Aims for the Marketplace

Grishin Robotics Invests in Bolt

Mercadona Adopts Robot Picking System