Powerus unit wins U.S. Air Force IDIQ contract with ceiling of up to USD 90 million

Reuters2026/08/03 12:03

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

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aureus Greenway Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608030800PRIMZONEFULLFEED9801774) on August 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Powerus unit wins U.S. Air Force IDIQ contract with ceiling of up to USD 90 million

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