Redwire shares surge 31.84% intraday after securing $151B SHIELD contract with Missile Defense Agency.

Redwire Corporation (NYSE: RDW) surged 31.84% intraday following the announcement of its selection for the Missile Defense Agency’s $151 billion SHIELD IDIQ contract. The multi-award indefinite-delivery/indefinite-quantity (IDIQ) contract, aimed at accelerating homeland defense modernization, highlights Redwire’s capabilities in unmanned systems, advanced sensors, and space-based technologies. While the award does not guarantee immediate revenue, the contract positions the company to compete for task orders under a broad framework, signaling long-term growth potential. The stock’s sharp intraday rise aligns with market optimism over the strategic value of the SHIELD program and Redwire’s expanding role in national security solutions, supported by recent developments such as payload integration for the European Space Agency and restructuring to streamline operations. The move reflects investor confidence in the company’s alignment with U.S. defense priorities and technological innovation.