We recently published 10 Big Names Get Slammed. Redwire Corporation (NYSE:RDW) is one of the biggest losers on Monday.
Redwire Corporation ended three consecutive days of gains on Monday, dropping 10.51 percent to close at $17.37 apiece as investors resorted to profit-taking while repositioning portfolios ahead of its second quarter earnings results.
Based on its historical reporting dates, Redwire Corporation (NYSE:RDW) is set to announce its financial and operating highlights in the first week of August 2025.
Redwire Corporation (NYSE:RDW) announced that its Stalker uncrewed aerial system, developed by its wholly owned subsidiary Edge Autonomy, officially secured the Authority to Operate and is now on the Defense Innovation Unit Blue UAS List.
The Blue List selection was an important milestone as it meant meeting stringent cybersecurity, NDAA-compliance, and operational requirements.
A close-up of an antenna, its intricate designs a testament to the company's expertise in space infrastructure.
“As the White House looks to advance the domestic commercialization of UAS technologies at scale and ramp up domestic production, Redwire is positioned at the forefront of strengthening our nation’s drone industrial base and delivering unmatched capabilities to the US warfighter,” Redwire Corporation (NYSE:RDW) Chairman and CEO Peter Cannito said.
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