Bridger Aerospace Group Holdings, Inc. announced a purchase agreement for two Canadair CL‑215T Super Scooper amphibious aircraft from MAB Funding, LLC, a partnership that includes Bridger, Marathon Asset Management, and Eyre Street Capital. The $50 million deal will raise Bridger’s fleet from six to eight aircraft, making it the largest private operator of Super Scoopers worldwide.
The expansion positions Bridger to bid on larger, long‑term aerial firefighting contracts that are expected to grow in the 2026 wildfire season. CEO Sam Davis said the addition “directly enhances our ability to combat increasingly severe wildfires, better serve our government agency partners, and protect communities and critical infrastructure.” The move follows a Q3 2025 quarter in which revenue rose 5 % year‑over‑year to $67.9 million and net income surged 26 % to $34.5 million, underscoring the company’s strong financial footing.
Two of Bridger’s Super Scoopers are currently undergoing return‑to‑service work at its Spanish subsidiary, Albacete Aero, with completion slated for 2026. The new aircraft will be deployed that same year, expanding operational capacity for initial‑attack missions and allowing Bridger to meet the growing demand for rapid water‑scoop capabilities in high‑risk wildfire regions.
Market reaction to the announcement was modest; Bridger’s shares were down 2.47 % at $1.775 on the day of the news. Analysts noted that while the acquisition signals strategic growth, the short‑term price dip reflects the market digesting the $50 million outlay and the timing of the deployment.
Overall, the deal strengthens Bridger’s competitive position, enhances its ability to secure larger contracts, and sets the stage for accelerated revenue growth in the coming wildfire season. The company’s robust cash position and strong current ratio provide the financial flexibility needed to support this expansion without compromising profitability.
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