Redwire (RDW) announced it was awarded a contract for the Missile Defense Agency Scalable Homeland Innovative Enterprise Layered Defense, or SHIELD, indefinite-delivery/indefinite-quantity contract with a ceiling of $151B. This is a multi-award contract. There is no guaranteed revenue with the award of the SHIELD IDIQ contract.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RDW:
- Redwire falls -12.1%
- Short Report: Celcuity short interest continues to grow
- Redwire: Operational Turnaround and Defense-Space Demand Tailwinds Support Buy Rating and $22 Price Target for 2026 Rebound
- Redwire call volume above normal and directionally bullish
- Redwire sunsets Edge Autonomy brand, new organizational structure
