Bridger Aerospace Group (BAER) investor relations material

Company overview and market position

• Headquartered in Montana and publicly traded on NASDAQ, provides full-spectrum aerial firefighting and aerospace services, including the largest U.S. Super Scooper fleet and advanced surveillance aircraft.

• Operates in multiple states and provinces, with longstanding federal and state agency relationships and 100% contract renewal rates.

• Acquired key technology and engineering firms, expanding capabilities in airframe modification, integration, and wildfire intelligence software.

• Robust infrastructure and maintenance programs enable year-round operations and high aircraft utilization.

• Competitive advantages include safety-driven culture, national footprint, and recurring long-term contracts.

Industry trends and legislative environment

• Wildfire seasons are lengthening, with a 105-day increase since 1970 and a 3x rise in large fires in the western U.S.

• Federal funding for wildfire suppression is rising, with the 2026 budget proposing $6.6B in total funding and a nearly fourfold increase for suppression operations.

• Bipartisan legislative momentum includes new laws and bills to enhance aerial firefighting, centralize wildfire management, and improve firefighter support.

• Demand for aerial firefighting assets is growing, with unfulfilled requests for fixed-wing aircraft increasing at a 5.8% CAGR since 2008.

Operational capabilities and technology

• Fleet includes eight Super Scoopers, five air attack/surveillance aircraft, and five special mission aircraft, all equipped with advanced imaging and data transmission systems.

• Super Scoopers offer high-precision suppression, rapid water sourcing, and significant operational efficiency, with high ROI and limited annual maintenance needs.

• IGNIS integrated command platform enhances real-time situational awareness, fire mapping, and cross-jurisdictional coordination.

• FMS acquisition boosts in-house engineering, enabling larger DoD contracts and advanced airframe modifications.