Bridger Aerospace signs aircraft services deal with Metatek unit, up to $183 million
Bridger Aerospace subsidiary Bridger Aerospace Group, LLC entered into a five-year Aircraft Services Agreement dated October 22, 2026, with Bridgeporth Ltd., an operating subsidiary of Metatek Group Ltd. (TSX: MTEK), to modify, operate and maintain three Basler BT-67 aircraft. The company estimates total revenue potential of up to $183 million over the life of the agreement, assuming full commitment and renewal, but the figure is a forward-looking estimate that depends on aircraft modification, certification and utilization.
Key points
- Agreement dated October 22, 2026 covers three Basler BT-67 turbine-converted aircraft configured to Bridgeporth's specifications.
- Estimated total revenue potential of up to $183 million; the press release cites approximately $58 million attributable to the first aircraft over its initial term and assumed extension.
- Bridger commits to 80% rolling twelve-month aircraft availability; Bridgeporth commits to minimum annual utilization with shortfall payments.
- First missionized BT-67 aircraft is expected to enter service in 2027, subject to modifications and certifications.
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 27, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.