DroneShield Receives AU$50 Million Contract for Counter-drone Systems From Unnamed European Reseller
MT Newswires Live
Dec 16
DroneShield (ASX:DRO) received a contract for AU$49.6 million from an unnamed European reseller for handheld counter-drone systems and associated accessories, according to a Tuesday Australian bourse filing.
The reseller is contractually required to distribute the products to a European military customer, the filing said.
The company said it expects to receive payment for the order in the first quarter of 2026.
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