Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO) announced on September 11, 2026, that it has been awarded a five-year contract by the Government of Canada to supply Low-Cost Tactical Intelligence, Surveillance and Reconnaissance Uncrewed Aircraft Systems to the Canadian Armed Forces. The initial contract carries a firm commitment for 100 UAS systems, with options retained by the Government to acquire up to 4,900 additional systems. The announcement marks a significant milestone for Draganfly's growing Canadian defence business and its participation in Canada's Defence Drone Initiative Marketplace.

Key Points

  • Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8) secured a five-year federal defence contract
  • Initial firm commitment covers 100 Low-Cost Tactical ISR UAS systems, including ground control stations, payloads, training, and support equipment
  • Government of Canada holds options to acquire up to 4,900 additional systems, valued at approximately C$24.25 million in aggregate if fully exercised
  • Investors may be watching for updates on option exercises and further procurement activity under Canada's Defence Drone Initiative

Scope of the Five-Year Canadian Armed Forces UAS Contract

The contract awarded to Draganfly covers the supply of 100 Low-Cost Tactical ISR UAS systems to the Canadian Armed Forces, along with associated ground control stations, payloads, data links, support equipment, documentation, spare parts, and training. Draganfly will also support the programme across system delivery, sustainment, and software and firmware services throughout the contract term. The release states that contracted pricing for the systems is commercially sensitive and was not publicly disclosed.

Option Provisions Could Expand Total Fleet to 5,000 Systems

Under the agreement, the Government of Canada has retained the right, at its sole discretion, to order up to 4,900 additional UAS systems beyond the initial 100-unit commitment. If all available options were exercised, the total number of systems supplied to the Government of Canada would reach 5,000. The aggregate value of those options is approximately C$24.25 million if exercised in full. The release notes that any exercise of options would require appropriate written contract authorisation or amendment, and no commitment beyond the initial 100 units is confirmed at this time.

Draganfly's Role Within Canada's Defence Drone Initiative

This contract represents a procurement under Canada's Defence Drone Initiative, a programme designed to accelerate access to Canadian-developed uncrewed and autonomous capabilities while strengthening the country's domestic defence industrial base. Draganfly was recently accepted as a qualified supplier across all five categories of the DDI Marketplace. The company's CEO, Cameron Chell, stated in the release that Canada is moving quickly to strengthen its sovereign defence capabilities and that Draganfly's technology has been selected to contribute to that effort.