RDW is trading at $12.56 (+4.93%) after news that Redwire will supply its Penguin Mk2.5 VTOL uncrewed aerial system to the Taiwan Coast Guard.[5]
That company-specific defense contract adds to recent momentum in Redwire’s space and defense business, which has been a key driver of trader interest. Broader markets are also firm, but the Taiwan contract is the clearest catalyst in the available news flow.[5][1]