DRO 8.24% $1.17 droneshield limited

Ann: DroneShield Awarded $5.7 Million U.S. Government Contract, page-49

  1. 178 Posts.
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    That $100m CR was only a few weeks ago (completed on 22 April 2024) so it cant have been for the inventory they just sold.

    Rather, it may be needed to service other contracts, and I wouldn't be surprised if DRO were to supply some of the equipment referred to in the Australian Government (Defence Minister)'s announcement (on 27th of April), of a "new $100 million package of military assistance to Ukraine", which included "$30 million going towards uncrewed aerial systems", and "$50 million for short range air defence systems"! Afterall, the Australian Government previously spent 50% of a $20million budget on DRO equipment that was sent to Ukraine!

    https://www.minister.defence.gov.au/media-releases/2024-04-27/australia-continues-stand-ukraine
 
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