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Stock impact report

Redwire's First ELSA Contract With Moog Opens Recurring Revenue Door [Yahoo! Finance]

Redwire Corporation (RDW) 
Company Research Source: Yahoo! Finance
Redwire (NYSE:RDW) has been awarded a $12.8 million contract to supply Extensible Low-Profile Solar Array (ELSA) wings to Moog. The ELSA arrays will support Moog's METEOR satellite bus for a national security satellite mission. This marks the first commercial contract and product-line debut for Redwire's new ELSA solar array technology. ELSA has been designated as a standard component on Moog's future satellite bus offerings, indicating potential follow-on demand. For investors tracking space infrastructure names, this contract places a new product from Redwire's power portfolio into an operational national security program. Redwire focuses on space infrastructure, including power systems, and ELSA now sits alongside its existing solar array and power technology offerings. The partnership connects Redwire directly into Moog's METEOR satellite bus line at a time when demand for satellite power solutions tied to national security missions remains an area of industry attention. Show less Read more
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