- Redwire Corporation announced today it secured a contract with Taiwan Color Optics to deliver its Penguin Mk2.5 VTOL Uncrewed Aerial System to the Taiwan Coast Guard.
- This significant deal, aimed at bolstering Taiwan's maritime security, sparked a premarket increase of nearly 6% in RDW shares.
- The stock is trading 6.1% up today at $12.40, extending a rebound from last week's pullback which followed heavy selling earlier in June.