Activist Client Engaged Capital Featured in Numerous Media Reports for Unveiling of a Strategic Plan to Fair Valuation at AeroVironment

Firm News

The Wall Street Journal, Street Insider, RTT News, Barron's, Associated Press and numerous other media outlets reported on Engaged Capital’s public disclosure of a 5.1% stake in AeroVironment, the California-based designer and developer of advanced portfolio of unmanned aircraft systems (drones) for the U.S. military.  Engaged Capital stated that AeroVironment is undervalued and released a strategic plan to create fair valuation at  AeroVironment through improvements in corporate governance, financial disclosures, capital structure and a stronger focus on value creating capital allocation.  The market responded to Engaged Capital’s announcement favorably, as AeroVironmnet’s stock price rose 13% over the course of the day.  Steve Wolosky and Meagan M. Reda represent Engaged Capital in connection with its investment in AeroVironment.

Media Contact

Marketing Contact
Mizi Mehaj
Marketing & Administrative Manager

Jump to Page

Necessary Cookies

Necessary cookies enable core functionality such as security, network management, and accessibility. You may disable these by changing your browser settings, but this may affect how the website functions.

Analytical Cookies

Analytical cookies help us improve our website by collecting and reporting information on its usage. We access and process information from these cookies at an aggregate level.