AeroVironment Inc Q3 2021 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Michael Louie DiPalma - William Blair & Company L.L.C., Research Division - Analyst : Over the past 3 months, there has been increased investor appetite for next-generation space technologies. Many investors view AeroVironment with Sunglider in this next-gen space category. Can you discuss the competitive environment for Sunglider and how your aircraft stands versus others that are pursuing the same type of HAPS aircraft? And on this topic, do you have specific patents on the aircraft engineering that will prevent like other aerospace giants from attempting to copy what you have done after you've been doing what appears to be all of the heavy lifting and like certification process?

Question: Michael Louie DiPalma - William Blair & Company L.L.C., Research Division - Analyst : I also wanted to say congrats on the Switchblade export approval. That is something that many investors have been waiting for a long time. And my last question is, does the preliminary fiscal 2022 guidance assume any contributions from those 3 program competitions that you referenced, like such as the Telerob explosive disposal competition, the long-range precision fires-mounted or the FTUAS, like are there assumed contributions from those competitions in the forward guidance?