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It is unclear if they are being leased out to the RAAF or another government agency, though on reflection, the wording makes it seem more like the company itself will providing ISR coverage under contract/s?:
www.aerotime.aero
Interesting timing, what with the RAAF's MC-55A procurement.
An Australia-based aircraft lessor has placed an order for two Bombardier Challenger 650s at the Avalon Australian International Airshow.
Bombardier announced on March 25, 2025, that an agreement has been signed with Principle Finance for the Challenger 350s, with the aircraft set to be deployed for Intelligence, Surveillance and Reconnaissance (ISR) missions in Australia.
Principle Finance, which specializes in leasing special mission aircraft, is scheduled to take delivery of the new aircraft during 2026.

Newly ordered Bombardier 650s to be deployed as spy planes
An Australia-based aircraft lessor has placed an order for two Bombardier Challenger 650s at this year’s Avalon Australian International Airshow.

Interesting timing, what with the RAAF's MC-55A procurement.