Shares of Redwire Corp. (RDW) are climbing about 27 percent during Tuesday morning trading after the announcement of an indefinite-delivery/indefinite-quantity contract for the Missile Defense Agency Scalable Homeland Innovative Enterprise Layered Defense with a ceiling of $151 billion.
Currently, RDW is moving up 27.74 percent, to $13.98, over the previous close of $10.94 on the New York Stock Exchange. It has traded between $4.87 and $26.66 in the last one year.
The multi-award contract underscores the company's position to deliver resilient, multi-domain solutions for national security missions.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.