🟢 Redwire is trading 10.7% up today as defense stocks rally on major missile deal

Redwire is trading 10.7% up at $9.54 as defense stocks rally following a major missile production deal involving Northrop Grumman, the U.S. Department of War, and Lockheed Martin.

• The move is supported by broader sector momentum, with the Defense (ITA) ETF gaining 2.0%.
• The surge appears driven by improved risk appetite and sector-wide strength rather than any new, company-specific announcements from Redwire.
• Broader U.S. indices are also trading higher, contributing to the positive sentiment across the defense industry.