Redwire sees opportunities in the U.S. and Europe despite budget and geopolitical uncertainties

Redwire sees opportunities in the U.S. and Europe despite budget and geopolitical uncertainties

Redwire says it expects to find more business opportunities on both sides of the Atlantic despite geopolitical challenges that could hamper international cooperation. The post Redwire sees opportunities in the U.S. and Europe despite budget and geopolitical uncertainties appeared first on SpaceNews.

Redwire Stock Tumbles on US Contract Delays

Redwire ($RDW) saw its Q1 revenue drop 30% compared to the same time last year, which the company partially attributed to contract delays stemming from the Trump administration’s transition and US budget uncertainties.  Their argument that lumpy quarter-to-quarter contract values should be expected didn’t seem to buoy investor sentiment, as the company’s stock dipped 6.5% by market close.  On the Edge: Despite that, Redwire reaffirmed its revenu…