U.S. Air Force IDIQ contract awarded to Tandem Defense
Powerus unit Tandem Defense won a competitively bid U.S. Air Force IDIQ contract for Group 1 aerial-denial unmanned aircraft systems, with a ceiling of up to USD 90 million.
The contract runs through mid-2028; the Air Force can issue task orders up to the ceiling as requirements arise.
Revenue depends on task-order volume, and the USD 90 million ceiling is not guaranteed.
Aureus Greenway has a proposed merger with Powerus that has not closed.
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