Redwire (RDW) has received a multiyear contract valued at "high eight-figures" from an undisclosed NATO country for its Penguin Mk3 uncrewed aerial system, the company said Tuesday.
The contract is part of a modernization program for the country's uncrewed aerial system capabilities, the company said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments