Redwire is trading at $9.04 (up 5%) as the company benefits from a broader rally in drone and defense-related stocks following recent Pentagon and Air Force program announcements.
- The stock is gaining momentum amid heightened U.S.-Iran tensions, which have spurred investor interest across the defense sector.
- Redwire recently announced new military drone contracts and awards, strengthening its defense pipeline and supporting its long-term space-infrastructure growth narrative.