Redwire Corporation has secured a $15 million follow-on order from the U.S. Army for its Stalker uncrewed aerial systems, boosting its growing defense backlog. The announcement follows a 22% stock surge last week driven by strong Q1 results and a record backlog.
- This represents the third order from the 1st Aviation Brigade within eight months, bringing the total contract value to $24.8 million.
- The contract will support advanced individual training, further solidifying the company's defense sector footprint.
- Pre-market trading shows the stock up at $14.13, compared to yesterday's close of $13.91.