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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 Apr. 2015 was $22.3 Mil. Its research and development for the trailing twelve months (TTM) ended in Apr. 2015 was $46.5 Mil.
This is the expense the company spent on research and development.
AeroVironment Inc Research & Development for the trailing twelve months (TTM) ended in Apr. 2015 was 7.124 (Jul. 2014 ) + 8.531 (Oct. 2014 ) + 8.577 (Jan. 2015 ) + 22.259 (Apr. 2015 ) = $46.5 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||10.3||9.4||7.2||6.9||5.2||6.2||7.1||8.5||8.6||22.3|