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This is the expense the company spent on research and development. AeroVironment Inc's research and development for the three months ended in Jan. 2016 was $8.2 Mil. Its research and development for the trailing twelve months (TTM) ended in Jan. 2016 was $50.2 Mil.
This is the expense the company spent on research and development.
AeroVironment Inc Research & Development for the trailing twelve months (TTM) ended in Jan. 2016 was 22.259 (Apr. 2015 ) + 9.831 (Jul. 2015 ) + 9.897 (Oct. 2015 ) + 8.247 (Jan. 2016 ) = $50.2 Mil.
If competitive advantage is created by a patent or tech advantage, at some point it will disappear.
High R&D usually dictates high SG&A which threatens the competitive advantage.
AeroVironment Inc Annual Data
|Research & Development||16.1||13.9||16.4||21.8||24.5||35.8||31.0||37.2||25.5||46.5|
AeroVironment Inc Quarterly Data
|Research & Development||6.9||5.2||6.2||7.1||8.5||8.6||22.3||9.8||9.9||8.2|