other material
confidence high
sentiment positive
materiality 0.75
Bridger Aerospace awarded $58M contract with Texas A&M Forest Service for three King Air 360 aircraft
Bridger Aerospace Group Holdings, Inc.
- $58M contract to acquire, modify, and deliver three King Air 360 multi-mission aircraft over three years.
- Aircraft will support wildfire detection, situational awareness, emergency ops, cargo, and medevac missions.
- Modifications performed in Texas; working with Textron Aviation (OEM) to expedite delivery schedule.
- Texas A&M Forest Service responded to 5,187 wildfires in 2024 burning 1.3M acres; contract part of $257M HB500 appropriation.
- CEO Sam Davis says contract marks milestone for expanding state partnerships and proactive wildfire response.