The $2.49M contract is small in absolute terms but strategically important as it opens a path to replace the entire AFSFC Teal 2 fleet. Monitor for any follow-on orders or expansion announcements from the Air Force after the August 24 delivery and assessment period.
Price Chart
Executive Summary
Red Cat's Teal Drones subsidiary received a $2.49 million firm-fixed-price contract from the U.S. Air Force Security Forces Center to supply Black Widow small unmanned aircraft systems for a technical and operational assessment. The assessment positions Black Widow as a potential successor to the current Teal 2 fleet across the entire AFSFC enterprise, building on Red Cat's existing U.S. Army Short Range Reconnaissance platform selection. While the contract value is modest, the strategic significance lies in the potential follow-on replacement of a larger installed base.
Key Financial Metrics
Key Facts
- $2.49 million firm-fixed-price contract from U.S. Air Force Security Forces Center (AFSFC)
- Contract covers Black Widow systems, train-the-trainer support, batteries, spares and shipping
- Equipment will be used for technical and operational assessment of Black Widow as potential successor to AFSFC's current Teal 2 fleet
- Delivery deadline is August 24, 2026
- Black Widow is already the U.S. Army's selected Short Range Reconnaissance platform
Financial Impact
$2.49 million contract, with potential for significantly larger follow-on replacement orders across the entire AFSFC Teal 2 fleet
Risk Factors
- Assessment may not lead to a fleet-wide replacement order
- Competing systems could be evaluated alongside Black Widow
- Delivery and assessment timeline is tight (less than one month)
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3335833 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 4d ago | 8-K | $4.40 | awaiting T+5 | — | $4.87 (+10.68%) |
Oct 2, 2026 25d ago | Press Release | $6.40 $5.77 | ▼ −9.84% | ▼ −11.00% | $4.87 (−23.91%) |
Oct 1, 2026 26d ago | Press Release | $6.33 $5.91 | ▼ −6.64% | ▼ −7.94% | $4.87 (−23.06%) |
Aug 19, 2026 9w ago | Insider Cluster | $9.53 $9.28 | ▼ −2.62% | ▼ −3.74% | $4.87 (−48.90%) |
Aug 13, 2026 10w ago | Insider Cluster | $11.13 $9.62 | ▼ −13.57% | ▼ −12.20% | $4.87 (−56.24%) |
Aug 10, 2026 11w ago | Press Release | $10.00 $10.44 | ▲ +4.40% | ▲ +4.45% | $4.87 (−51.30%) |
Jul 30, 2026 12w ago | Press Release | $7.38 $8.67 | ▲ +17.48% | ▲ +13.86% | $4.87 (−34.01%) |
Jul 22, 2026 13w ago | 8-K | $7.83 $6.77 | ▲ +13.54% | ▲ +11.14% | $4.87 (+37.80%) |
Jun 11, 2026 19w ago | Institutional Cluster | $12.01 $11.20 | ▼ −6.74% | ▼ −7.18% | $4.87 (−59.45%) |
May 21, 2026 22w ago | Press Release | $9.03 $14.15 | ▲ +56.70% | ▲ +55.10% | $4.87 (−46.07%) |
US Market Status
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