Bridger Aerospace Secures $18.6 Million 5-Year Contract in Alaska for U.S. Department of the Interior

Rhea-AI Summary

Bridger Aerospace (NASDAQ: BAER) secured a five-year multiple-award IDIQ contract to provide on-call fixed-wing transportation services in Alaska for the U.S. Department of Interior and other federal agencies.

The contract runs April 1, 2026 through March 2031 with an estimated award value of $18.6 million; the amount is an estimate and not guaranteed revenue. The company said the work is expected to increase utilization of its expanded light fixed-wing fleet and support personnel and cargo movements to remote locations.

Positive

• Five-year IDIQ contract secured (Apr 2026–Mar 2031)
• Estimated $18.6 million award value
• Expected increase in light fixed‑wing fleet utilization
• Supports DOI personnel and cargo movements in Alaska

Negative

• Award value is an estimate and not guaranteed revenue
• Contract is multiple‑award, on‑call, so task orders and revenue timing are uncertain

BELGRADE, Mont., March 03, 2026 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. (“Bridger or “Bridger Aerospace”), (NASDAQ: BAER, BAERW), one of the nation’s largest aerial firefighting companies, today announced that it has secured a five-year multiple-award Indefinite Delivery Indefinite Quantity (IDIQ) contract for on-call fixed-wing transportation services in Alaska, supporting personnel and cargo movements for the U.S. Department of Interior (DOI) and other federal agencies on an as-needed basis.

“Our expanded light fixed-wing fleet is ideally suited to meet the needs of the DOI and the State of Alaska, including providing safe and reliable access to remote locations throughout Alaska whenever mission requirements demand,” said Sam Davis, Chief Executive Officer of Bridger. “This award is an excellent example of our performance as a trusted partner to our state and federal customers and is expected to increase utilization of our fleet. We stand ready to serve our mission to protect lives, property, and the environment no matter when the call comes in.”

The contract effective start date is April 1, 2026 and runs through March 2031. The contract award value of $18.6 million is an estimate and not a guarantee of future revenue.

About Bridger Aerospace
Based in Belgrade, Montana, Bridger Aerospace Group Holdings, Inc. is one of the nation’s largest aerial firefighting companies. Bridger provides aerial firefighting and wildfire management services to federal and state government agencies, including the United States Forest Service, across the nation, as well as internationally. More information about Bridger Aerospace is available at https://www.bridgeraerospace.com.

Investor Contact
Alison Ziegler
Darrow Associates
201-220-2678
aziegler@darrowir.com

Media Contact
Devin Johnson
Bridger Aerospace
406-919-5980
d.johnson@bridgeraerospace.com

FAQ

What did Bridger Aerospace (BAER) announce on March 3, 2026 about Alaska operations?

Bridger announced a five-year IDIQ contract to provide on-call fixed-wing transport in Alaska. According to the company, the contract runs April 1, 2026 through March 2031 and is expected to increase utilization of its expanded light fixed-wing fleet.

How much is the Bridger Aerospace (BAER) Alaska contract worth and is it guaranteed?

The contract award value is an estimated $18.6 million and is not guaranteed. According to the company, the $18.6 million figure is an estimate for the five-year IDIQ and actual task orders may vary.

When does the Bridger Aerospace (BAER) DOI contract in Alaska start and end?

The contract effective start date is April 1, 2026 and it runs through March 2031. According to the company, this five-year period covers on-call fixed-wing personnel and cargo support for federal agencies.

What services will Bridger Aerospace (BAER) provide under the Alaska IDIQ contract?

Bridger will provide on-call fixed-wing transportation services for personnel and cargo movements in Alaska. According to the company, services will support the DOI and other federal agencies, including access to remote locations as missions demand.

What investor impact did Bridger Aerospace (BAER) highlight about the Alaska contract?

The company said the award is expected to increase fleet utilization, potentially boosting operational activity. According to the company, expanded light fixed-wing capability is well suited to meet DOI and State of Alaska mission requirements.