Recent Updates — BAER

Bridger Aerospace Group Holdings appointed Rebecca Gerleman as Senior Vice President and Chief Accounting Officer effective September 18, 2026. She previously served as the company's Senior Director of Technical Accounting & Financial Reporting. Her compensation includes a $330,000 base salary and a one-time equity award valued at $108,733 in restricted stock units. This is an internal promotion rather than a departure or external hire that would significantly alter strategic direction. Bridger Aerospace Group Holdings operates in the aerospace industry.

Bridger Aerospace Group Holdings reported second quarter 2026 revenue of $30.5 million, essentially flat year-over-year, with a net loss of $(0.5) million and Adjusted EBITDA of $8.1 million compared to prior year net income of $0.3 million. The company reiterated its full-year 2026 guidance, projecting revenue between $135 million and $145 million and Adjusted EBITDA between $55 million and $60 million. Operational highlights include securing two 160-day U.S. Forest Service task orders for Super Scoopers, a new contract with Texas A&M Forest Service valued at $58 million for three King Air 360 aircraft, and an international lease agreement in Portugal. Cash balances decreased to $7.2 million from year-end levels due to seasonal working capital usage. Bridger Aerospace Group Holdings operates in the aerial firefighting industry, providing wildfire management services to government agencies.

Bridger Aerospace Group Holdings, Inc. secured a $58 million contract with the Texas A&M Forest Service to acquire, modify, and deliver three King Air 360 multi-mission aircraft over the next three years. The aircraft will be configured for wildfire detection, situational awareness, emergency operations, cargo transportation, and medical evacuation missions. Bridger Aerospace is an aerial firefighting and wildfire management services company.