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Bridger Aerospace Drops $50 Million on Two More Super Scooper Aircraft

MarketDash Editorial Team
14 days ago
Bridger Aerospace is spending $50 million to add two amphibious firefighting aircraft to its fleet, expanding from six to eight Super Scoopers and cementing its position as the world's largest private operator of these specialized wildfire fighters.

Bridger Aerospace Group Holdings, Inc. (BAER) shares traded lower on Monday despite announcing what amounts to a pretty significant expansion of its aerial firefighting capabilities. The company is buying two Canadair CL-215T amphibious aircraft from MAB Funding, LLC for $50 million, which isn't pocket change but makes strategic sense for a business built around fighting wildfires.

Growing the Fleet

This acquisition bumps Bridger's Super Scooper fleet from six aircraft to eight. More importantly, it reinforces the company's status as the largest privately held Super Scooper operator globally. These aren't just any planes—they're purpose-built aerial firefighting aircraft designed to scoop water directly from lakes, rivers, or the ocean and drop it on fires.

The deal is expected to close by the end of the year, pending standard closing conditions. Nothing particularly unusual there, just the typical regulatory and contractual boxes that need checking.

Here's where it gets interesting: Bridger has two more Super Scoopers within the MAB Funding partnership currently undergoing return-to-service upgrades at the company's Albacete Aero facility in Spain. Those aircraft are expected to be ready by 2026, at which point Bridger will figure out the best way to integrate them into operations. So we're potentially looking at a ten-aircraft fleet in the not-too-distant future.

Why This Matters

CEO Sam Davis made the case pretty clearly. "We believe this transformative expansion directly enhances our ability to combat increasingly severe wildfires, better serve our government agency partners, and protect communities and critical infrastructure," Davis said. "The Super Scoopers are vital for initial attack and have a long history of effectiveness as the only purpose-built aerial firefighting aircraft."

He continued: "Demand for these assets has been strong and we expect that these aircraft have the potential to drive substantial new revenue and cash flow growth for years to come. We look forward to putting these aircraft to work in 2026 with multiple contract opportunities pending, and building upon our mission to protect lives, property, critical infrastructure and the environment."

The timing aligns with Bridger's push to secure more contracts ahead of the 2026 wildfire season. With climate patterns making severe wildfires more frequent and devastating, government agencies need reliable aerial firefighting resources. More planes mean more capacity to win those contracts.

Recent Company Developments

This fleet expansion comes on the heels of several other company announcements. Last week, Bridger revealed that Chief Financial Officer Eric Gerratt plans to retire following the filing of the company's 10-K in March 2026. Board Director Anne Hayes has been appointed Deputy CFO and will take over as CFO to ensure a smooth transition.

Earlier this month, Bridger reported third-quarter earnings per share of $0.37, beating the consensus estimate of $0.32. Revenue came in at $67.89 million, well above the $48.40 million analysts expected. The strong performance prompted the company to raise its full-year 2025 sales guidance to $118 million–$122 million, up from the previous range of $105 million–$111 million and ahead of the $109.9 million consensus.

Price Action: BAER shares were down 2.47% at $1.775 at last check on Monday.

Back to News

Bridger Aerospace Drops $50 Million on Two More Super Scooper Aircraft

MarketDash Editorial Team
14 days ago
Bridger Aerospace is spending $50 million to add two amphibious firefighting aircraft to its fleet, expanding from six to eight Super Scoopers and cementing its position as the world's largest private operator of these specialized wildfire fighters.

Bridger Aerospace Group Holdings, Inc. (BAER) shares traded lower on Monday despite announcing what amounts to a pretty significant expansion of its aerial firefighting capabilities. The company is buying two Canadair CL-215T amphibious aircraft from MAB Funding, LLC for $50 million, which isn't pocket change but makes strategic sense for a business built around fighting wildfires.

Growing the Fleet

This acquisition bumps Bridger's Super Scooper fleet from six aircraft to eight. More importantly, it reinforces the company's status as the largest privately held Super Scooper operator globally. These aren't just any planes—they're purpose-built aerial firefighting aircraft designed to scoop water directly from lakes, rivers, or the ocean and drop it on fires.

The deal is expected to close by the end of the year, pending standard closing conditions. Nothing particularly unusual there, just the typical regulatory and contractual boxes that need checking.

Here's where it gets interesting: Bridger has two more Super Scoopers within the MAB Funding partnership currently undergoing return-to-service upgrades at the company's Albacete Aero facility in Spain. Those aircraft are expected to be ready by 2026, at which point Bridger will figure out the best way to integrate them into operations. So we're potentially looking at a ten-aircraft fleet in the not-too-distant future.

Why This Matters

CEO Sam Davis made the case pretty clearly. "We believe this transformative expansion directly enhances our ability to combat increasingly severe wildfires, better serve our government agency partners, and protect communities and critical infrastructure," Davis said. "The Super Scoopers are vital for initial attack and have a long history of effectiveness as the only purpose-built aerial firefighting aircraft."

He continued: "Demand for these assets has been strong and we expect that these aircraft have the potential to drive substantial new revenue and cash flow growth for years to come. We look forward to putting these aircraft to work in 2026 with multiple contract opportunities pending, and building upon our mission to protect lives, property, critical infrastructure and the environment."

The timing aligns with Bridger's push to secure more contracts ahead of the 2026 wildfire season. With climate patterns making severe wildfires more frequent and devastating, government agencies need reliable aerial firefighting resources. More planes mean more capacity to win those contracts.

Recent Company Developments

This fleet expansion comes on the heels of several other company announcements. Last week, Bridger revealed that Chief Financial Officer Eric Gerratt plans to retire following the filing of the company's 10-K in March 2026. Board Director Anne Hayes has been appointed Deputy CFO and will take over as CFO to ensure a smooth transition.

Earlier this month, Bridger reported third-quarter earnings per share of $0.37, beating the consensus estimate of $0.32. Revenue came in at $67.89 million, well above the $48.40 million analysts expected. The strong performance prompted the company to raise its full-year 2025 sales guidance to $118 million–$122 million, up from the previous range of $105 million–$111 million and ahead of the $109.9 million consensus.

Price Action: BAER shares were down 2.47% at $1.775 at last check on Monday.

    Bridger Aerospace Drops $50 Million on Two More Super Scooper Aircraft - MarketDash News