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DroneShield wins US Domestic Shield contract allowing orders up to $500 million

DroneShield said its US unit won the US Department of War’s Domestic Shield contract, a three-year procurement vehicle enabling delivery orders with a ceiling value of $500 million. The company said the award does not guarantee orders.

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Sept 30 (Reuters) — Australian counter-drone technology company DroneShield said on Wednesday its US unit had won the US Department of War's Domestic Shield contract, allowing it to compete for and receive orders with a ceiling value of $500 million. Here are some details: Domestic Shield is an initiative focused on counter-drone protection for defence-critical infrastructure and other high-priority locations across the United States. The contract, a three-year procurement vehicle, allows DroneShield to compete for and receive delivery orders to help deploy counter-unmanned aircraft systems (C-UAS) as a counter-force to drone warfare.

DroneShield's DroneSentry-X Mk2 C-UAS can be deployed at mobile and fixed sites for detection, identification and tracking of multi-domain unmanned systems. The company said the contract does not guarantee any orders and any amounts cannot be quantified at this time. 80 in early trade, hitting their highest level since August 31. com;)