🟢 RDW is trading 4.2% up today after Taiwan Coast Guard contract win

RDW is trading at $12.74 (4.2% up), extending its strong rebound from late June as markets continue to react to a significant new defense deal.

• Redwire will supply its Penguin Mk2.5 VTOL uncrewed aerial system to the Taiwan Coast Guard, a move that significantly boosts the company's international defense exposure.
• The contract is driving sustained positive sentiment regarding future revenue growth and the company's expanding footprint in the uncrewed aerial system (UAS) market.