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Ondas Secures U.S. Army Order for Lethal Unmanned Systems for Over $50 Million

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Ondas (Nasdaq: ONDS) announced that its U.S.-based defense prime contractor Mistral received an over $50 million order from the U.S. Army for tactical Lethal Unmanned Systems (LUS). The order was issued under a previously awarded $982 million multi-year IDIQ contract.

Combined with the initial $190.8 million LUS award, Mistral's total awards now exceed $240 million. According to Ondas, this expands its role in the precision-strike market, extends its LUS production runway beginning in the third quarter of 2026, and increases visibility into future production, integration, training and sustainment activity.

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Positive

  • New U.S. Army order over $50 million for tactical LUS under existing IDIQ
  • Total Mistral LUS awards now exceed $240 million, including initial $190.8 million order
  • Part of $982 million multi-year IDIQ, providing long-term contract framework
  • Production underway for Q3 2026 deliveries under initial LUS order, with new award extending runway
  • Enhanced access to major U.S. defense programs via Mistral prime-contractor status

Negative

  • None.

Market Context

Ondas’ recent order announcement was followed by a 4.44% 24-hour reaction, while a July 24 strategic...
Analysis

Ondas’ recent order announcement was followed by a 4.44% 24-hour reaction, while a July 24 strategic investment produced -1.64%. This mixed record frames the Army order alongside execution and financing context, including an active S-3ASR shelf.

Key Figures

Army order: over $50 million IDIQ contract: $982 million Initial LUS award: $190.8 million +2 more
5 metrics
Army order over $50 million additional Mistral order under the LUS program
IDIQ contract $982 million previously awarded multi-year U.S. Army LUS contract
Initial LUS award $190.8 million initial order under the LUS program
Total awards over $240 million Mistral awards to date under the LUS program
Production delivery third quarter of 2026 systems produced under the initial LUS order

Historical Context

5 past events · Latest: Jul 24 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jul 24 strategic investment Positive -1.6% Ondas co-led investment supporting development and U.S. manufacturing of counter-UAS interceptors.
Jul 22 new orders Positive +4.4% Ondas reported $70 million in orders across autonomous defense, security, and robotics businesses.
Jul 20 defence order Positive +5.3% Australian Defence awarded Ondas a $6.9 million order for counter-UAS kits.
Jul 06 DZYNE acquisition Positive +5.5% Ondas agreed to acquire DZYNE for $875.8 million and raised its 2026 revenue outlook.
Jun 23 technology collaboration Positive -4.0% Sentrycs technology was selected for integration into Lockheed Martin's Sanctum C-UAS platform.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent positive Ondas announcements produced mixed immediate reactions, with three aligned gains and two divergent declines.

Key Terms

indefinite delivery, indefinite quantity, counter-uas, loitering-munition, precision-strike
4 terms
indefinite delivery, indefinite quantity regulatory
"Indefinite Delivery, Indefinite Quantity ("IDIQ") contract supporting the U.S. Army"
An indefinite delivery, indefinite quantity agreement is a standing contract that lets a buyer place orders over a set period without committing to exact quantities or delivery dates up front; think of it as a blank check for future purchases within agreed limits. For investors, it signals potential recurring revenue and a longer sales runway because the seller can receive multiple orders, but it also leaves some uncertainty in timing and total sales, so forecasts and valuation must account for that variability.
counter-uas technical
"including autonomous drone systems, counter-UAS technologies, robotic ground systems"
Counter-UAS (counter-unmanned aircraft systems) are tools and tactics used to detect, track, and disable or divert drones that pose a threat to people, property, or operations. Think of them as a combination of a security camera, alarm system, and net that can find an unwanted flying device and stop it before it causes harm. Investors care because demand, regulation, and deployment of these systems affect revenue, contract opportunities, legal risk, and the valuation of companies that build or use them.
loitering-munition technical
"demand for tactical precision-strike and loitering-munition capabilities"
A loitering munition is a weapon system that combines features of a drone and a guided missile: it can fly over an area for an extended time, search for a target, and then dive into and destroy that target. Think of it as a self-destructing remote sensor that becomes the munition when a suitable target is found. Investors track them because they affect defense contracting, procurement budgets, and technological demand in military and aerospace markets.
precision-strike technical
"expansion of Ondas' position in the precision-strike market"
A precision-strike is a highly targeted military attack that uses accurate sensors, guidance systems and weapons to hit a specific objective while minimizing unintended damage; think of a surgeon making a focused incision instead of a sledgehammer blow. For investors, precision-strike capability matters because it drives demand for specialized technologies, shapes defense procurement and export rules, and can affect the revenue and risk profile of companies that make guidance systems, sensors, and precision munitions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Represents an additional order for Ondas' Mistral Inc. under a previously awarded $982 million multi-year IDIQ supporting the U.S. Army's Lethal Unmanned Systems (LUS) program

Order strengthens Ondas' position in the U.S. Defense Market and demonstrates continued execution of Its defense growth strategy

Ondas is currently producing systems for delivery in the third quarter under the initial $190.8 million order for the LUS program

WEST PALM BEACH, FL / ACCESS Newswire / August 5, 2026 / Ondas Inc. (Nasdaq:ONDS) ("Ondas" or the "Company"), a leading provider of autonomous systems and next-generation defense and security technologies, announced today that its U.S.-based defense prime contractor, Mistral Inc., has received an over $50 million order from the U.S. Army for tactical Lethal Unmanned Systems (LUS). The order was issued under a previously awarded $982 million multi-year Indefinite Delivery, Indefinite Quantity ("IDIQ") contract supporting the U.S. Army's Lethal Unmanned Systems (LUS) program. Combined with the initial $190.8 million award under the LUS program, Mistral's total awards to date exceed $240 million.

The award represents an important expansion of Ondas' position in the precision-strike market. Together with Ondas' DZYNE and Rotron, Mistral strengthens Ondas' ability to develop, integrate, and deliver a broader portfolio of precision-strike solutions across multiple ranges, missions, and operational environments. Precision-strike is a rapidly growing segment of the global defense industry driven by increasing demand for accurate, responsive and deployable strike capabilities. The order also demonstrates the strategic rationale behind Ondas' acquisition of Mistral. Mistral provides Ondas with established access to major U.S. defense programs, long-standing customer relationships, prime-contractor capabilities and the infrastructure required to execute large, complex government programs.

"This order moves Ondas deeper into the precision-strike market, where demand from the U.S. Department of War and allied forces continues to accelerate," said Eric Brock, Chairman and CEO of Ondas. "Our focus now is on execution. Mistral is already producing systems for delivery beginning in the third quarter of 2026 under the initial LUS order, and this new award extends that production runway on the same Army contract vehicle. Our expanding operating footprint in the United States makes Ondas increasingly well positioned to compete for and execute large, multi-year programs like this one."

Mistral's established position within the U.S. defense ecosystem complements Ondas' growing portfolio of autonomous technologies, mission-planning capabilities, unmanned systems and advanced defense solutions. Ondas believes this combination creates opportunities to participate in a broader range of defense programs and to support customers across the full operational mission cycle, including intelligence and surveillance, target identification, mission planning, autonomous operations, precision strike and post-mission assessment. The award represents continued execution under the multi-year U.S. Army contract vehicle and provides Ondas with increased visibility into future production, integration, training and sustainment activity.

Ondas expects demand for tactical precision-strike and loitering-munition capabilities to continue expanding as the United States and allied defense forces prioritize distributed, autonomous and rapidly deployable systems. The order further demonstrates Ondas' strategy of combining differentiated technologies with established defense businesses that bring market access, customer relationships, manufacturing capacity and large-scale program-execution capabilities

About Ondas Inc.

Ondas Inc. (Nasdaq:ONDS) is a leading provider of autonomous systems, robotics, and mission-critical technologies for defense, homeland security, public safety, critical infrastructure, and industrial markets. The Company develops and deploys integrated unmanned and autonomous platforms across air, ground, and stratospheric environments, including autonomous drone systems, counter-UAS technologies, robotic ground systems, advanced unmanned aircraft and propulsion solutions, demining and engineering systems, and integrated sensing and communications technologies designed to support intelligence, surveillance, reconnaissance, security, and operational missions in complex environments. Ondas' solutions are deployed globally by government, defense, and commercial customers to protect infrastructure, borders, transportation networks, personnel, and strategic assets.

For additional information on Ondas Inc., visit www.ondas.com.

Forward-Looking Statements

Statements made in this release that are not statements of historical or current facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance, or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including the risks discussed under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise that occur after that date, except as required by law.

Contacts

IR Contact for Ondas Inc.
888-657-2377
ir@ondas.com

Media Contact for Ondas Inc.

Escalate PR
ondas@escalatepr.com

Preston Grimes
Marketing Manager, Ondas Inc.
preston.grimes@ondas.com

SOURCE: Ondas Inc.



View the original press release on ACCESS Newswire

FAQ

What did Ondas (NASDAQ: ONDS) announce about its new U.S. Army order on August 5, 2026?

Ondas announced that Mistral received an order of over $50 million from the U.S. Army for tactical Lethal Unmanned Systems. According to Ondas, this order was issued under a previously awarded $982 million multi-year IDIQ contract supporting the Army’s LUS program.

How much Lethal Unmanned Systems contract value has Mistral secured for Ondas (ONDS)?

Mistral’s total awards under the U.S. Army LUS program now exceed $240 million, according to Ondas. This includes the initial $190.8 million award plus the new order of over $50 million issued under the multi-year IDIQ contract.

What is the size and structure of the U.S. Army IDIQ contract linked to Ondas’ LUS orders?

The U.S. Army LUS program is supported by a multi-year $982 million Indefinite Delivery, Indefinite Quantity (IDIQ) contract. According to Ondas, the latest over $50 million order and the initial $190.8 million award were issued under this contract vehicle.

When will Ondas and Mistral begin delivering systems under the U.S. Army LUS program?

Ondas expects Mistral to begin delivering systems under the initial LUS order in the third quarter of 2026. According to Ondas, the new over $50 million award extends that production runway under the same Army contract vehicle.

How does the new LUS order affect Ondas’ position in the precision-strike market?

The new order represents an important expansion of Ondas’ position in the precision-strike market. According to Ondas, combining Mistral with DZYNE and Rotron supports a broader portfolio of precision-strike solutions across multiple ranges, missions and operational environments.

What strategic benefits does Ondas see from its acquisition of Mistral in relation to the LUS program?

According to Ondas, the Mistral acquisition provides established access to major U.S. defense programs, long-standing customer relationships and prime-contractor capabilities. The new LUS order illustrates this rationale by leveraging Mistral’s infrastructure to execute large, complex government programs under the Army’s multi-year IDIQ.