Bridger Aerospace Group Holdings, Inc. (NASDAQ: BAER) shares began Thursday positive. The Montana-based company. one of the nation’s largest aerial firefighting companies, today announced that is has received two separate 120-day task orders from the US Forest Service, each for two of its CL-415EAF “Super Scooper” aircraft.
These procurements are noteworthy in that they were received early in the wildfire year and are for a record 120 days each.
“These task orders recognize the Super Scoopers as one of the most effective tools in responding to wildfires as well as the Forest Service’s growing willingness to pre-position assets in order to more rapidly respond, helping to limit damage and better protect lives and property from this increasingly year-round threat,” commented CEO Sam Davis.
“Securing these longer-term task orders also demonstrates the success of our strategy to have our fleet available and ready year-round to increase the visibility and predictability of our revenue.”
Based in Belgrade, Montana, Bridger Aerospace Group Holdings, Inc. is one of the nation’s largest aerial firefighting companies. Bridger provides aerial firefighting and wildfire management services to federal and state government agencies, including the United States Forest Service, across the nation, as well as internationally.
BAER shares edged up four cents, or 2.9%, to $1.93.
