Redwire shares surge 30.61% after-hours after securing $151B MDA SHIELD IDIQ contract for homeland defense.

Redwire surged 30.61% in after-hours trading following its selection for the Missile Defense Agency’s $151 billion SHIELD IDIQ contract, a multi-vendor agreement aimed at enhancing homeland defense through advanced technologies. The contract, spanning unmanned systems, sensors, and modeling solutions, aligns with Redwire’s core capabilities and positions it to compete in a broad, flexible procurement framework. While the IDIQ structure does not guarantee revenue, the potential scale and strategic relevance to national security underscored investor optimism. The move coincided with broader market recognition of Redwire’s role in defense innovation, amplified by recent geopolitical and policy developments in space and defense sectors.