Bridger Aerospace Secures $20 Million 5-Year Contract with the U.S. Department of the Interior
Bridger Aerospace (NASDAQ: BAER) has secured a $20.1 million five-year Indefinite Delivery Indefinite Quantity (IDIQ) contract with the U.S. Department of the Interior. The contract involves providing two air attack and surveillance aircraft to support fire and resource management activities for the Bureau of Land Management Alaska Fire Service.
The 120-day Exclusive Use contract will utilize Bridger's sensor, surveillance, and mapping capabilities for fire detection, logistical support, and aerial observation. The aircraft will also provide information to initial attack aircraft focused on direct fire suppression. This agreement represents a growing trend in government outsourcing of aerial firefighting services.
Bridger Aerospace (NASDAQ: BAER) ha ottenuto un contratto di $20,1 milioni della durata di cinque anni per la fornitura Indefinite Delivery Indefinite Quantity (IDIQ) con il Dipartimento dell'Interno degli Stati Uniti. Il contratto prevede la fornitura di due aerei da attacco aereo e sorveglianza per supportare le attività di gestione delle risorse e degli incendi per il Bureau of Land Management Alaska Fire Service.
Il contratto di Utilizzo Esclusivo di 120 giorni sfrutterà le capacità di rilevamento, sorveglianza e mappatura di Bridger per la rilevazione degli incendi, il supporto logistico e l'osservazione aerea. Gli aerei forniranno anche informazioni agli aerei di attacco iniziale focalizzati sulla soppressione diretta degli incendi. Questo accordo rappresenta una crescente tendenza nell'esternalizzazione dei servizi di antincendio aereo da parte del governo.
Bridger Aerospace (NASDAQ: BAER) ha conseguido un contrato de $20.1 millones con duración de cinco años de tipo Indefinite Delivery Indefinite Quantity (IDIQ) con el Departamento del Interior de los Estados Unidos. El contrato implica la provisión de dos aeronaves de ataque aéreo y vigilancia para apoyar las actividades de gestión de incendios y recursos para el Bureau of Land Management Alaska Fire Service.
El contrato de Uso Exclusivo de 120 días utilizará las capacidades de sensor, vigilancia y mapeo de Bridger para la detección de incendios, apoyo logístico y observación aérea. Las aeronaves también proporcionarán información a las aeronaves de ataque inicial centradas en la supresión directa de incendios. Este acuerdo representa una creciente tendencia en la externalización de servicios de lucha contra incendios aéreos por parte del gobierno.
Bridger Aerospace (NASDAQ: BAER)는 미국 내무부와 2010만 달러 규모의 5년짜리 무기한 납품 무기한 수량(IDIQ) 계약을 체결했습니다. 이 계약은 알래스카 산림 관리국의 화재 및 자원 관리 활동을 지원하기 위해 두 대의 공중 공격 및 감시 항공기를 제공하는 내용입니다.
120일 전용 사용 계약은 Bridger의 화재 감지, 물류 지원 및 항공 관찰 기능을 활용할 것입니다. 항공기는 직접 화재 진압에 집중하는 초기 공격 항공기로 정보를 제공할 것입니다. 이 계약은 정부의 공중 소방 서비스 아웃소싱 증가 추세를 나타냅니다.
Bridger Aerospace (NASDAQ: BAER) a obtenu un contrat de 20,1 millions de dollars d'une durée de cinq ans, classé comme Indefinite Delivery Indefinite Quantity (IDIQ) avec le Département de l'Intérieur des États-Unis. Le contrat concerne la fourniture de deux avions d'attaque aérienne et de surveillance pour soutenir les activités de gestion des incendies et des ressources pour le Bureau of Land Management Alaska Fire Service.
Le contrat d'Utilisation Exclusive de 120 jours utilisera les capacités de détection, de surveillance et de cartographie de Bridger pour la détection des incendies, le soutien logistique et l'observation aérienne. Les avions fourniront également des informations aux avions d'attaque initiale axés sur la suppression directe des incendies. Cet accord représente une tendance croissante dans l'externalisation des services de lutte contre les incendies aériens par le gouvernement.
Bridger Aerospace (NASDAQ: BAER) hat einen 20,1-Millionen-Dollar Vertrag über fünf Jahre mit dem US-Innenministerium gesichert, der als Indefinite Delivery Indefinite Quantity (IDIQ) klassifiziert ist. Der Vertrag beinhaltet die Bereitstellung von zwei Luftangriffs- und Überwachungsflugzeugen zur Unterstützung von Brand- und Ressourcenmanagementaktivitäten für den Bureau of Land Management Alaska Fire Service.
Der 120-tägige Exklusivvertrag wird die Sensor-, Überwachungs- und Kartierungsfähigkeiten von Bridger zur Brandbekämpfung, logistischen Unterstützung und Luftbeobachtung nutzen. Die Flugzeuge werden auch Informationen an die anfänglichen Einsatzflugzeuge liefern, die sich auf die direkte Brandbekämpfung konzentrieren. Diese Vereinbarung repräsentiert einen wachsenden Trend zur Auslagerung von Luftlöschdiensten durch die Regierung.
- Secured $20.1 million 5-year contract with U.S. Department of Interior
- 120-day Exclusive Use contract demonstrates growing government outsourcing trend
- Contract expands company's presence in federal firefighting services
- None.
Insights
The $20.1 million DOI contract represents a strategic win for Bridger Aerospace, marking an expansion of their federal service portfolio. The 5-year IDIQ structure provides stable, predictable revenue streams while offering flexibility in service delivery. Breaking down the numbers, this translates to approximately
The Alaska Fire Service contract is particularly valuable as climate change drives increased wildfire activity in the region. The exclusive use nature of the agreement provides guaranteed minimum revenue while the IDIQ structure allows for potential upside if additional services are required. This federal contract win strengthens Bridger's competitive position in the specialized aerial firefighting market and could serve as a reference for future government contracts.
The deployment of two surveillance aircraft for the BLM Alaska Fire Service demonstrates Bridger's strategic positioning in the aerial firefighting market. Their advanced sensor and mapping capabilities provide critical advantages in early fire detection and coordination of firefighting resources. The 120-day Exclusive Use period aligns perfectly with Alaska's peak fire season, maximizing asset utilization efficiency.
Think of these aircraft as the "eyes in the sky" that coordinate the entire firefighting operation - they're essential force multipliers that enhance the effectiveness of ground crews and water-dropping aircraft. The contract's focus on Alaska is particularly noteworthy, as the state's vast wilderness areas and ground access make aerial firefighting capabilities absolutely crucial. This positions Bridger at the forefront of addressing climate change-driven challenges in one of America's most fire-vulnerable regions.
BELGRADE, Mont., Jan. 14, 2025 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. (“Bridger or “Bridger Aerospace”), (NASDAQ: BAER, BAERW), one of the nation’s largest aerial firefighting companies, today announced that it has secured a five-year
“Our air attack and surveillance fleet is ideally suited to serve the DOI and the State of Alaska to support their fire and resource management activities, including fire detection, logistical support and aerial observation, as well as the provision of information to initial attack aircraft focused on direct and immediate fire suppression,” commented Sam Davis, Interim Chief Executive Officer of the Company. “This 120-day Exclusive Use contract is an excellent example of the trend for government outsourcing of aerial firefighting. With our leading-edge sensor, surveillance and mapping capabilities and historic contract performance, we continue to be well positioned to support our federal and state government partners in the growing battle against wildfires.”
About Bridger Aerospace
Based in Belgrade, Montana, Bridger Aerospace Group Holdings, Inc. is one of the nation’s largest aerial firefighting companies. Bridger provides aerial firefighting and wildfire management services to federal and state government agencies, including the United States Forest Service, across the nation, as well as internationally. More information about Bridger Aerospace is available at https://www.bridgeraerospace.com.
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FAQ
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