DroneShield secures US$500M defence contract vehicle

• DroneShield won a US$500 million US defence framework to supply counter-drone systems.
• DroneShield shares rose to $1.77 following the announcement.
• The multi-year agreement opens a streamlined pathway for US agencies to order counter-drone tech.

DroneShield (ASX:DRO) secured a three-year US$500 million procurement vehicle with the US Joint Interagency Task Force 401 to supply counter-drone systems.

The framework establishes a direct contracting vehicle for future task orders, expanding on the company's recent US$24.9 million agreement with the agency.

“Securing a contract with this significant procurement vehicle in the United States reflects the strength of DroneShield’s technology and our role as part of a multi-layered counter-drone solution,” said DroneShield CEO Angus Bean.

While the agreement establishes a US$500 million ceiling, it does not guarantee specific order volumes or immediate revenues.

Following the announcement, the DroneShield share price was up at $1.77.

The Australian defence contractor develops artificial intelligence and electronic warfare tools designed to detect and disable uncrewed aerial systems.

The business continues to deploy its technology across military, law enforcement, and critical infrastructure sectors globally.