AirBoss of America Corp. announced that its wholly-owned subsidiary, AirBoss Defense Group ("ADG"), has been awarded a contract valued at up to USD 45 million to provide its Bandolier lightweight, multipurpose energetic system to a NATO partner nation. Subject to satisfaction of customary conditions, including obtaining required export documentation, deliveries under this contract are expected to commence in the second half of 2024 and continue through to the end of 2025.

The Bandolier is a lightweight and modular energetic system that can be employed across mobility, counter mobility, and survivability mission profiles. The Bandolier is designed to bridge the identified capability gap between large, complex, single role explosive charges and standard bulk demolitions, and its lightweight, modular design allows for flexible use across a variety of mission requirements. The system reduces dependence on cumbersome single-role explosives and time-consuming user-constructed charges, maximizing explosive efficiency and operational versatility.

This order builds upon other recent contracts which ADG has received for the Bandolier, as it works to expand the deployment of this product amongst NATO partner nations. Those contracts, awarded in the third and fourth quarters of 2023, were valued at up to USD 9 million, for an aggregate of USD 57.8 million of Bandolier awards received by ADG in the past twelve months.