Recent Updates — RDW
Redwire Corporation reported second quarter 2026 financial results on August 5, 2026. Revenue increased 89.6% year-over-year to $117.1 million, with gross margin improving to 27.8%. Net loss narrowed by $56.0 million to $(41.0) million, and Adjusted EBITDA improved to $(3.2) million. The company achieved a book-to-bill ratio of 1.42 for the quarter and ended with total liquidity of $607.8 million. Redwire reaffirmed its full-year 2026 revenue forecast of $450 million to $500 million. Redwire Corporation operates in the space and defense technology industry, providing advanced aerospace infrastructure and autonomous systems.
Redwire Corporation appointed Gregory L. Heston to the Board of Directors as a Class III director, effective July 10, 2026. Mr. Heston, a retired Ernst & Young audit partner with 38 years of public accounting experience, also joined the Audit Committee. Redwire is a space infrastructure company that provides space technology and space systems.
Redwire Corporation's wholly owned subsidiary, Redwire Defense Tech Intermediate Holdings, LLC, amended its credit agreement to increase the revolving credit facility from $30 million to $50 million. Additionally, the company made a $40 million prepayment on its term loans, reducing the aggregate term loan amount to $50 million. Redwire Corporation operates in the space technology and defense industry, providing infrastructure and components for space missions.
The United States District Court for the Middle District of Florida issued a preliminary approval order for a proposed settlement in the shareholder derivative action Yingling v. Cannito, et al. The settlement involves corporate governance reforms and the payment of attorneys' fees and expenses, which the company expects to be funded by insurance. A final approval hearing is scheduled for July 30, 2026. Redwire Corporation is a space infrastructure company providing technology, products, and services for the space industry.
Redwire Corporation entered into a June 2026 ATM Agreement with multiple agents including Truist Securities, Inc. and J.P. Morgan Securities LLC to sell up to $500 million in common stock through at-the-market offerings. The net proceeds will be used for working capital, debt repayment or refinancing, strategic acquisitions, or research and development. Redwire Corporation is a space infrastructure company that provides space-based solutions and solutions for the industry.