DroneShield Clinches $13.5M U.S. Government Deal
Company Announcements

DroneShield Clinches $13.5M U.S. Government Deal

DroneShield Limited (AU:DRO) has released an update.

DroneShield Limited has secured a substantial $13.5 million contract from a U.S. Government customer for its Counter-UxS systems, with the company slated to complete delivery within the fourth quarter of 2024. The firm’s ability to rapidly provide high-performance, lifesaving technology underscores its prominent position in the counter-UAS industry. This deal not only reflects DroneShield’s commitment to delivering strategic solutions promptly but also strengthens its ongoing partnerships with federal agencies.

For further insights into AU:DRO stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskDroneShield Limited Issues New Employee Incentives
TipRanks Australian Auto-Generated NewsdeskDroneShield Bolsters Board with Strategic Appointments
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App