Redwire (RDW) Wins $44 Million DARPA Otter VLEO Contract as Stock Jumps on November 19, 2025
Redwire Corporation (NYSE: RDW) is back in the spotlight today after securing a $44 million phase‑2 contract from DARPA to advance the Otter Very Low Earth Orbit (VLEO) mission, sending RDW shares sharply higher in early trading and refocusing investor attention on this volatile space‑defense small cap. Redwire Space+2Redwire Space+2 The award caps a busy November for Redwire, which has also reported strong top‑line growth but wider losses in Q3 2025, opened a new Michigan facility to scale fuel‑cell production for drones, and won a European border‑security drone contract through its Edge Autonomy unit. Unmanned Airspace+3Business Wire+3Redwire Corporation+3 Below is