RDW is trading 6.2% up at $14.77 after announcing a new $15 million follow-on order from the U.S. Army for its Stalker uncrewed aerial systems training systems.
- The deal further expands Redwire’s defense backlog and builds on the momentum from last week’s 22% rally.
- The stock's recent performance has been fueled by strong Q1 financial results and a record-high total backlog.
- While the broader market is trending higher, the fresh Army contract is the primary stock-specific driver for today's price action.