Bridger Aerospace Group Holdings, Inc. filed a Form 8-K on October 27, 2026, disclosing that its wholly owned subsidiary, Bridger Aerospace Group, LLC, entered into an Aircraft Services Agreement with Bridgeporth Ltd. on October 22, 2026.

Key Highlights

  • Agreement date: The Aircraft Services Agreement was entered into on October 22, 2026, between Bridger Aerospace Group, LLC and Bridgeporth Ltd., an operating subsidiary of Metatek-Group Ltd. (TSX: MTEK).
  • Fleet covered: According to the filing, Bridger will modify, operate, and maintain a fleet of three Basler BT-67 turbine-converted aircraft configured to Bridgeporth's specifications.
  • Initial term: Each aircraft carries an initial term of five years, with an automatic additional five-year renewal unless either party provides timely notice of non-renewal.
  • Minimum availability commitment: The filing states Bridger has committed to make each aircraft available for Bridgeporth mission tasking at a minimum availability rate of 80% on a rolling twelve-month basis, subject to specified exclusions.
  • Estimated revenue potential: The filing discloses an estimated total revenue potential of up to $183 million over the life of the Agreement, assuming full commitment and induction of all three aircraft and exercise of each additional renewal term.
  • Payment structure: Bridgeporth has committed to minimum annual utilization levels per aircraft, with shortfall payments, fixed monthly fees, and usage-based flight-hour charges payable throughout the term, subject to escalation and price-adjustment provisions.
  • Parent guaranty required: The Agreement requires Bridgeporth to cause Metatek-Group Ltd. to provide an unconditional and irrevocable guaranty of Bridgeporth's payment obligations under the Agreement.

Bridger Aerospace Group, LLC Enters Multi-Year Geophysical Survey Support Contract

According to the Form 8-K filed by Bridger Aerospace Group Holdings, Inc. (NASDAQ:BAER), its wholly owned subsidiary, Bridger Aerospace Group, LLC, entered into an Aircraft Services Agreement with Bridgeporth Ltd. on October 22, 2026. The filing describes Bridgeporth as a private company limited by shares incorporated in England and Wales and an operating subsidiary of Metatek-Group Ltd. (TSX: MTEK). Under the Agreement, Bridger will provide "dedicated aircraft availability, modification, maintenance and operational services in support of Bridgeporth's global airborne geophysical sensor survey operations," as the filing states.

The filing specifies that the three Basler BT-67 turbine-converted aircraft will each be configured to Bridgeporth's specifications to support onboard sensor and mission equipment. Each aircraft's five-year initial term commences upon delivery and acceptance of that aircraft by Bridger, meaning the terms for different aircraft may begin at different times. Compensation to Bridger consists of fixed monthly fees, usage-based flight-hour charges, and shortfall payments if actual utilization falls below committed minimum annual levels, all subject to specified escalation and price-adjustment provisions.

The filing characterizes the estimated total revenue potential of up to $183 million as a forward-looking statement within the meaning of federal securities laws, noting that "actual results may differ materially from this estimate depending on, among other things, the timing and completion of aircraft modifications and certifications, Bridgeporth's commitment and induction of all three aircraft, actual flight-hour utilization, exercise of the additional five-year term with respect to each aircraft, and the other risks and uncertainties described in the Company's filings with the SEC." The Agreement also includes indemnification, insurance, confidentiality, export control, sanctions compliance, and anti-corruption provisions, along with termination rights for uncured material breach, insolvency, and other specified events. The full text of the Agreement is to be filed as an exhibit to the Company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2026.

What Was Disclosed

Bridger Aerospace Group Holdings, Inc. disclosed, via an October 27, 2026 Form 8-K, that its subsidiary entered a long-term Aircraft Services Agreement with Bridgeporth Ltd. covering three Basler BT-67 aircraft, with an estimated revenue potential of up to $183 million and initial five-year terms per aircraft.