Redwire joins $151 billion contract to support Trump’s ‘Golden Dome’
Pete Cannito, Redwire Corporation, New York Stock Exchange, September 8, 2021.
Source: NYSE
Some estimates predict the project could: Cost more than 500 billion dollars for over twenty years.
During his second term in office, Trump focused on rebuilding and modernizing U.S. military and defense manufacturing. This month, the president called for a $1.5 trillion defense budget in 2027 to support his “Dream Soldier” goal.
Redwire debuted on the New York Stock Exchange in 2021 during a frenzy of special purpose acquisition company mergers that took many space firms public.
The company, based in Jacksonville, Florida, creates infrastructures such as camera systems, sensors and antennas for space missions.
company last year I bought a drone maker Edge Autonomy for $925 million to improve autonomous capabilities.
