What's Going On With Redwire Corporation Stock Today?

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On Friday, Redwire Corporation ( RDW ) announced that it has received all necessary regulatory approvals for its acquisition of Edge Autonomy.

These approvals include the completion of the antitrust review under the Hart-Scott-Rodino Act in the United States, as well as foreign investment reviews in Latvia, Canada, and the United Kingdom.

The acquisition is expected to close in the second quarter of 2025, pending final closing conditions, including stockholder approval.

Peter Cannito, Chairman and CEO of Redwire ( RDW ), expressed excitement about reaching this significant milestone, noting the company remains on track to complete the acquisition according to the disclosed timeline.

Earlier this month, Redwire ( RDW ) reported its fourth-quarter financial results, highlighting a 9.6% year-over-year increase in total revenue.

Also Read: What’s Going On With Curtiss-Wright Stock On Friday?

The company generated net cash from operations of $7.1 million and free cash flow of $3 million in the quarter.

However, the company reported a fourth-quarter loss per hare of $1.38, missing estimates for a smaller loss. Q4 revenue was $69.56 million, below the expected $74.82 million.

For the full year 2025, Redwire ( RDW ) expects revenue to range from $535 million to $605 million, with adjusted EBITDA between $70 million and $105 million, and positive free cash flow.

Separately, Redwire’s subsidiary, Redwire Space NV, received a contract by the European Space Agency to conceptualize a spacecraft platform for future Mars missions as part of the ESA's LightShip initiative.

Also Read:

  • US Stocks Likely To Open Lower, But ‘Economic Conditions Don't Signal A Downturn,' Say Analysts As They Expect ‘Resilient Earnings' To Lift Equities

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