Financial PerformanceBridger Aerospace reported record revenues and improved EBITDA, showing strong financial performance driven by increased flight revenue.
Government SupportCongress appropriated a 46.2% increase in wildland fire management funds in the FY24 budget, indicating strong government support for wildfire suppression efforts.
Revenue GrowthMore aggressive issuance of task orders and airtanker requests should favor BAER from a revenue growth perspective.