Teal Drones wins a fixed-price deal for Black Widow drones, training, and support services for the U.S. military.
Red Cat’s Teal Drones subsidiary has been awarded a $2.49M fixed-price contract by the U.S. Air Force for its Black Widow drones. The agreement includes training, support services, batteries, spares, and shipping, with delivery pending.
The contract follows growing defense demand for unmanned systems, though prior contract values for similar drone programs were not disclosed. Teal Drones specializes in small, agile UAVs for military and commercial use.
No immediate market reaction was reported following the announcement.