What Happened
Canadian Company Secures Five-Year Deal For Tactical ISR Drones
Draganfly Inc. has been awarded a five-year contract by the Government of Canada to supply Low-Cost Tactical Intelligence, Surveillance and Reconnaissance Uncrewed Aircraft Systems to the Canadian Armed Forces. The initial contract includes 100 UAS systems, with options for up to 4,900 additional systems over the five-year period, valued at approximately C$24.25 million if fully exercised. Draganfly will provide support and training for the systems, according to a press release statement. This contract was first reported by Investing.com.