Home Search Top 10 Trends Watchlist Advertise Feedback Profile



DroneShield Secures $33 Million U.S. Government Contract Droneshield Limited

DroneShield Secures $33 Million U.S. Government Contract

Post image

DroneShield Ltd (ASX:DRO) has announced the receipt of a record $33 million order from a U. S. Government agency for DroneShield's equipment and multi-year services. This contract represents a significant achievement for DroneShield and reinforces the Company's position as a leading provider of security solutions around the world.

The award is a testament to the strong confidence of the U. S. Government agency in DroneShield's capabilities.

Story Continues.. after this ad because we need some dollarydoos



DroneShield's U. S. CEO, Matt McCrann, expresses his appreciation, stating that the award reflects their commitment to the customer's mission. The company's success is largely credited to the dedication of its team and the high value it has delivered to customers globally.

DroneShield anticipates full payment of the order by the end of 2023, and this year is expected to be another record year for the company, significantly surpassing the record set in 2022. Furthermore, DroneShield has recently secured another $9. 9 million order from a customer among the Five Eyes community.

This latest order brings DroneShield's current order backlog to a record $62 million. With a pipeline of over $200 million across more than 80 opportunities, the company looks set to continue its growth trajectory.

Promote your business on our growing investor platform: Advertise With Us
Reply ... Share

S
Shortnsalty @LykeShares
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
Reply
M
Mining_Mate @LykeShares
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
Reply
G
Goldrush_Greg @LykeShares
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Reply
S
Stonksurfer42 @LykeShares
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Reply
M
Moonbagjack @LykeShares
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Reply
C
Chartwizard_Au @LykeShares
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
Reply
T
Tendies_Inbound @LykeShares
#ASX:ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Reply
📈 Top 10 Stock Lists
Join the conversation
📈 Top Daily Gainers
📈 YTD Gainers
📉 Top Daily Losers
💰 High Dividend Yields
📅 Best Performers – October
✅ Seasonal Standouts – October
🔮 Seasonal Standouts – November