NasdaqCM:RCATAerospace & Defense
Why Red Cat Holdings (RCAT) Is Down 6.5% After Securing Japan Black Widow Drone Contract
Red Cat Holdings recently secured a major Asia-Pacific defense contract to deliver 173 Black Widow unmanned aircraft systems to Japan's Ministry of Defense, working with local and U.S. partners on training, maintenance and future local manufacturing involvement.
This international order underlines Red Cat's increasing exposure to government and defense programs, deepening its role as a supplier of autonomous systems to allied militaries.
We'll now explore how winning the Japanese Ministry of...