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Red Cat Gets CBP Contract Worth up to $90M over Five Years

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23 Dec 2021 — 1 min read

Red Cat Holdings, Inc., a hardware-enabled software provider to the drone industry, has announced that its subsidiary Teal Drones has been awarded a firm-fixed-price, multiple award blanket purchase agreement (BPA) by the United States Customs and Border Protection as one of five contractors.

The BPA has an estimated value of $90 million in total over a 5-year ordering period.

Through the BPA, Department of Homeland Security agencies can place orders for unmanned aircraft systems (UAS). The drones will provide supplemental airborne reconnaissance, surveillance, and tracking capability to enhance situational awareness for field commanders and agents in areas that lack nearby traditional surveillance systems or available manned air support.

George MatusJeff ThompsonSalt Lake City

Source: Press Release

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Red Cat Gets CBP Contract Worth up to $90M over Five Years

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