Bridger Aerospace shares surge 20.16% intraday after acquiring two Canadair CL-215T firefighting aircraft to boost mission capability and 2026 revenue potential.

Bridger Aerospace surged 20.16% intraday after announcing the acquisition of two Canadair CL-215T firefighting aircraft, expanding its Scooper fleet to eight. The $50 million purchase, along with prior acquisitions of four Air Attack aircraft in Q4 2025, aims to enhance mission capability and secure new contracts ahead of the 2026 fire season. CEO Sam Davis highlighted the potential for revenue and cash flow growth, positioning the company to better fulfill its mission in 2026. The expanded fleet is expected to strengthen Bridger’s competitive position in wildfire management and support its contract pipeline, aligning with the stock’s sharp intraday rally.