Cadre Holdings Subsidiary Is Awarded $86 Million in Contracts by General Dynamics European Land Systems

Company will Provide Life-Saving Blast Attenuation Seats in Support of Military Vehicle Crew Survivability Programs

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Cadre Holdings, Inc. (NYSE: CDRE) (“Cadre” or “the Company”) announced today that its subsidiary Med-Eng, LLC has been awarded two contracts with values of $74.6 million and $11.8 million by General Dynamics European Land Systems (GDELS) to provide blast attenuation seats. Delivering best-in-class protection, the seats will be deployed in the upcoming production of Mowag EAGLE V 4x4 command and control vehicles, and the Mowag EAGLE V 6x6 medium protected ambulance military vehicles.

Cadre President Brad Williams commented, “These contracts represent another major win for Cadre and demonstrates our deep knowledge of mitigating blast threats. We are excited to continue delivering life-saving blast attenuation seats as an integral part of an overall crew survivability solution consistent with our mission of “Together, We Save Lives.” These contracts re-affirm the confidence placed in our abilities to design, manufacture and deliver to the exacting standards of this world-class vehicle manufacturer.”

Mr. Williams continued, “We are honored to be awarded these contracts that will directly contribute to protecting frontline personnel. They are an endorsement of Med-Eng’s breadth of engineering and product development capabilities, and I commend the team for applying their ingenuity and determination to meet the rigorous operational requirements put to them.”

Production and first delivery of the Eagle V 4x4 contract, the larger of the two programs, will begin in 2026 and continue until 2031, while the Eagle V 6x6 contract will run in parallel, beginning in 2026 and continuing through 2029.

The seats will protect the driver and other occupants against the dual blast threats posed by mines and roadside devices, namely sudden vertical acceleration followed by a slam-down effect, as well as conventional threats encountered by all vehicles. Med-Eng has applied its expertise in blast physics and vehicle integration to develop and field an array of seats for wheeled and tracked military vehicles as part of new builds and retrofit programs. Each design meets specific needs for occupant placement in the vehicle, protective performance, space claim, weight, comfort and emergency evacuation.

About Cadre

Headquartered in Jacksonville, Florida, Cadre is a global leader in the manufacturing and distribution of safety products. Cadre's equipment provides critical protection to allow users to safely and securely perform their duties and protect those around them in hazardous or life-threatening situations. The Company's core products include body armor, explosive ordnance disposal equipment, duty gear and nuclear safety products. Our highly engineered products are utilized in over 100 countries by federal, state and local law enforcement, fire and rescue professionals, explosive ordnance disposal teams, and emergency medical technicians. Our key brands include Safariland® and Med-Eng®, amongst others.