XTEND Awarded $40.5 Million U.S. Military Order for STRIKER Drone Systems

Key Facts

1XTEND was awarded a $40.5 million order for 6,000 STRIKER systems following its selection in the U.S. Department of War's Drone Dominance Program.

2The company provided preliminary third quarter 2026 revenue and an update on its backlog alongside the order announcement.

XTEND was awarded a $40.5 million order for 6,000 STRIKER systems following its selection in the U.S. Department of War's Drone Dominance Program. Business Wire reported that the contract follows the company's performance in the Gauntlet II segment of the broader $1 billion defense initiative.

The company provided preliminary third-quarter 2026 revenue figures and an update on its order backlog alongside the contract announcement. This expansion reflects continued growth in the defense technology sector as the firm strengthens its role as a provider of advanced AI-driven robotic systems.