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Cadre Holdings Secures $61 Million FBI Contract for Ballistic Panels.

Jun 06, 202611 days ago

Contract Type

contract

JacksonvilleManufacturingReal EstatePublic Safety

Description

Cadre Holdings has announced that its subsidiary, Safariland, has been awarded a five-year contract worth $61 million to provide ballistic panels for the FBI's Predictive Ballistics' Overt Armor Kit. This contract may enhance Cadre's visibility in the market despite a recent decline in its share price.

Company Information

Company

Cadre Holdings

Location

Jacksonville, North Carolina, United States

About

Cadre Holdings, Inc. (NYSE: CDRE) is a global leader in the manufacturing and distribution of safety and survivability equipment. The company is focused on supporting mission-critical initiatives with highly-visible, recurring revenue and has a long history of strong demand from the Departments of Energy and Defense.

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