# AeroVironment defense production expansion > Live situation record from CLSTR: https://clstr.news/situations/aerovironment-defense-production-expansion > Updated: 2026-08-24T00:43:33.000Z. Sources: 6. Developments: 2. AeroVironment is expanding its defense technology production through international partnerships and domestic infrastructure investments. The company announced the formation of AV Eagle, a majority-owned joint venture with Athens-based Eyeonix SA. This Greek venture aims to localize the production of unmanned aerial systems, loitering munitions, and counter-unmanned aircraft systems to serve the European market, with production capabilities projected to be operational by 2028. In addition to the Greek expansion, AeroVironment has committed $100 million to develop a unified, company-owned campus in Moorpark, California. This project will consolidate five existing leased sites onto a single 20-acre property to accelerate the transition from prototyping to fielded systems. These developments follow a period of significant growth, with the company reporting a record backlog of $1.18 billion at the end of fiscal year 2026. ## Timeline ### 2026-08-24: AeroVironment expands production with $100M US campus and Greek joint venture AeroVironment is investing $100 million in a unified California campus and launching a joint venture in Greece to expand its unmanned systems production and global defense capabilities. 3 sources. https://clstr.news/cluster/aerovironment-expands-production-with-100m-us-campus-and-greek-joint-venture ### 2026-08-20: AeroVironment forms Greek joint venture for drone production AeroVironment and Eyeonix SA have formed a joint venture, AV Eagle, to produce drones and counter-UAS technologies in Greece for the European market, with production expected by 2028. 4 sources. https://clstr.news/cluster/aerovironment-forms-greek-joint-venture-for-drone-production --- Cite as: AeroVironment defense production expansion. CLSTR, https://clstr.news/situations/aerovironment-defense-production-expansion