RDW Stock Rises Pre-Market: Redwire’s Stalker Drone Keeps Winning Pentagon Orders

• The U.S. Army awarded a fresh $15 million order, its third award in eight months.
• The company stated that the Army’s selection of its Stalker system has shown its ability to meet current and future warfare requirements in the field. 
• Redwire is advancing its mission readiness with tailored Stalker UAS training programs for the AVCOE and other programs worldwide, the company stated.

Redwire Corp (RDW) on Wednesday announced that it has received a $15 million follow-on order, its third in the last eight months, bringing the total value of orders to $24.8 million.

The company stated that it received the order from the 1st Aviation Brigade, US Army Aviation Center of Excellence (AVCOE).

At the time of writing, shares of Redwire rose over 1.5% in premarket trading on Wednesday.  

RDW’s Follow-On Order Terms

As per the contract, the Stalker systems will be provided to the 2nd Battalion, 13th Aviation Regiment at Fort Huachuca, for advanced individual training with the Army's 15-series Military Occupational Specialty (MOS)  Tactical Unmanned Aircraft System (TUAS) Specialists. 

The company stated that the MOS is evolving and merging operator and maintainer functions focused on reconnaissance, surveillance, and target acquisition (RSTA) directly with ground forces for integrated drone maintenance and operations. 

This suggests that the army is training its personnel to both fly and fix its drones on the ground, rather than depending on separate teams of pilots and mechanics. 

“Redwire understands the criticality of ‘train the trainer’ through effective individualized instruction and the role it plays in supporting the evolving mission needs of the modern battlefield,” said Steve Adlich, President at Redwire Defense Tech.

RDW’s MOSA Architecture

Redwire noted that its Stalker system is designed with the Modular Open Systems Approach (MOSA) approach that helps with rapid payload swapping and technical updates among others.

The company stated that the Army’s selection of its Stalker system has shown its ability to meet current and future warfare requirements in the field. 

Redwire is advancing its mission readiness with tailored Stalker UAS training programs for the AVCOE and other programs worldwide, the company stated.

The company also stated that it provides mission-aligned training not only to AVCOE, but also to the U.S. Department of War, NATO and other allied customers internationally.

In April, the company received a $20 Million in Follow-On Orders from Navy and Marine Corps Small Tactical Unmanned Aircraft Systems Program Office, a first acquisition of Redwire’s advanced navigation version of the Stalker Block 30 uncrewed aerial system by the Marine Corps.

What Does Retail Think Of RDW?

On Stocktwits, retail sentiment for the stock has remained ‘extremely bullish’ amid ‘extremely high’ message volumes over the past 24 hours.

Shares of Redwire have gained more than 54% so far this year

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