tiprankstipranks
DroneShield Clinches $5.7M U.S. Defense Contract
Company Announcements

DroneShield Clinches $5.7M U.S. Defense Contract

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

DroneShield Limited has secured a substantial $5.7 million contract from a U.S. Government customer for its advanced C-UxS counterdrone systems, designed to tackle aerial, ground, and maritime drone threats. The company expects to deliver various product lines in stages throughout the current year. This repeat order not only reinforces DroneShield’s partnership with the U.S. Government but also indicates potential for further orders.

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

Looking for more investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles