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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 Jul. 2016 was $8.6 Mil. Its research and development for the trailing twelve months (TTM) ended in Jul. 2016 was $41.1 Mil.
This is the expense the company spent on research and development.
AeroVironment Inc Research & Development for the trailing twelve months (TTM) ended in Jul. 2016 was 9.897 (Oct. 2015 ) + 8.247 (Jan. 2016 ) + 14.316 (Apr. 2016 ) + 8.6 (Jul. 2016 ) = $41.1 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||13.9||16.4||21.8||24.5||35.8||31.0||37.2||25.5||46.5||42.3|
AeroVironment Inc Quarterly Data
|Research & Development||6.2||7.1||8.5||8.6||22.3||9.8||9.9||8.2||14.3||8.6|