Redwire Shares Poised for Major Move as Earnings Loom

Redwire Corporation faces a pivotal moment this week, with the aerospace and defense company’s quarterly results due Wednesday potentially determining whether its stock can realize the substantial upside projected by market experts. Shares closed Friday’s session at $7.87.

The company continues to strengthen its strategic footing through key partnerships. Redwire’s subsidiary, Edge Autonomy, recently formed a collaboration with UXV Technologies to advance development in unmanned aerial systems. This alliance enhances Redwire’s position within European defense markets and supports broader NATO strategic initiatives.

This follows Redwire’s acquisition of Edge Autonomy in June, which added battle-tested autonomous aviation systems to its portfolio. The recent partnership further solidifies Read more...