DroneShield secures $13.5 million U.S. Government contract

DroneShield Ltd (ASX:DRO) has secured a repeat order of $13.5 million from a U.S. Government customer for its dismounted Counter-UxS (C-UxS) systems. The full delivery and cash receipt are expected in the fourth quarter of 2024.

DroneShield's Executive Commentary on U.S. Government Contract

DroneShield's Director of Business Development, Tom Branstetter, emphasized the company's ability to rapidly deliver high-performance, lifesaving technology at scale, empowering clients with cutting-edge solutions precisely when needed. Matt McCrann, DroneShield US CEO, expressed appreciation for the opportunity to support the urgent requirement and build strong relationships with federal partners. He highlighted the company's commitment to providing solutions that deliver a decisive advantage to end users.

Summary of DroneShield's $13.5 million U.S. Government Contract

DroneShield Ltd (ASX:DRO) has received a repeat order of $13.5 million from a U.S. Government customer for its dismounted Counter-UxS (C-UxS) systems, with full delivery expected in the fourth quarter of 2024. The company's executives emphasized their ability to rapidly deliver high-performance, lifesaving technology at scale, empowering clients with cutting-edge solutions. This contract reflects DroneShield's commitment to providing solutions that deliver a decisive advantage to end users, and the company's dedication to supporting federal partners and their urgent requirements.