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Q3 Revenue Jumps for Monrovia's AeroVironment

Monrovia's AeroVironment reports that, "Revenue for the third quarter [ending Jan. 25] of fiscal 2014 was $69.2 million, up 47% from third quarter fiscal 2013 revenue of $47.1 million. The increase in revenue resulted from increased sales in our Unmanned Aircraft Systems (UAS) segment of $19.8 million and in our Efficient Energy Systems (EES) segment of $2.3 million."

- Brad Haugaard

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