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DroneShield shares jump 9% on $500 million U.S. contract vehicle

Verifying
  • DroneShield secured a three-year U.S. government IDIQ contract supporting JIATF-401’s Domestic Shield initiative.
  • $500 million is the contract vehicle’s maximum value, not an immediate order or revenue award.
  • DroneShield’s earlier JIATF-401 contract totaled $24.9 million, including $19.3 million initially and options.
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