RDW is trading 4.4% up today at $14.52 after announcing a $15 million follow-on order from the U.S. Army for its Stalker uncrewed aerial systems training systems.
- The move expands Redwire's defense backlog and follows a 22% rally last week sparked by strong Q1 results and a record-high backlog.
- Today's gains reflect continued investor optimism regarding the company's growing defense revenue pipeline amid a broadly positive equity market.