Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next generation space economy, was awarded a $45,469,600, five-year cost-plus-fixed-fee contract that will be incrementally funded by the Air Force Research Laboratory (AFRL) Space Vehicles Directorate for the design, development, and testing of prototype software and hardware for mission critical technologies. The contract will support the AFRL Space Vehicles Directorate’s efforts to equip the joint warfighter with a spectrum of agile, effective, resilient, and affordable space mission capabilities.
Redwire will research and develop novel and emerging spacecraft technologies to include large deployable structures, thermal management capabilities, payload accommodations, and improved analysis and testing methods for in-space and terrestrial national security applications. This contract builds on a previously awarded AFRL contract to mature space domain technologies from early functional proof of concept through demonstration of full system or architecture prototypes.
“We are honored to have the opportunity to continue supporting AFRL’s Space Vehicles Directorate through this new contract award,” said President Adam Biskner. “We have a long and proud legacy of supporting AFRL, and this award demonstrates our joint interest in continuing to support the mission of developing and transitioning space technologies to provide enhanced space-based capabilities to the warfighter.”
RDW shares dipped a cent to $12.22.
Related Stories
