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0.0006849315068493 0.0006849315068493 0.00547945205479453 0.00273972602739732 0.00821917808219185 0.00753424657534255 0.00205479452054778 0.00205479452054778
Stock impact report

Redwire's SHIELD Role And Brand Shift Reshape Space Defense Outlook [Yahoo! Finance]

Redwire Corporation (RDW) 
Company Research Source: Yahoo! Finance
Redwire (NYSE:RDW) has been selected for a position on the Missile Defense Agency's SHIELD contract, a US$151b indefinite-delivery, indefinite-quantity program. The company is unifying its space and defense operations under the Redwire brand and retiring the Edge Autonomy name. For investors watching NYSE:RDW, this contract slot and brand consolidation come after a period of sharp share price moves. The stock closed at $14.20, with returns of 33.2% over the past week, 98.6% over the past month, and 57.3% year to date, alongside a very large 3 year gain and a 35.4% return over 5 years. At the same time, the 1 year return shows a 35.5% decline, highlighting how volatile the ride has been. Redwire's inclusion in a long term US defense program and its decision to operate under a single name give investors fresh information on how the business is organizing itself around space and defense work. As contract opportunities within SHIELD emerge and the new structure becomes established, Show less Read more
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