Redwire shares surge 11.50% premarket after being selected for Missile Defense Agency's $151B SHIELD contract.

Redwire surged 11.50% in premarket trading after being selected for the Missile Defense Agency’s $151 billion SHIELD multi-vendor IDIQ contract. The award, which spans diverse homeland defense capabilities, positions Redwire among multiple contractors to deliver scalable solutions. While the contract’s ceiling does not guarantee specific revenue, the potential scale and strategic alignment with defense-sector growth underscored the market’s positive reaction. The move followed broader momentum, including prior gains tied to geopolitical initiatives and a recent "Buy" rating from H.C. Wainwright, but the immediate catalyst was the MDA contract announcement. Redwire’s shares, already up 44% year-to-date, reflected heightened investor confidence in its defense and space technology offerings.