Redwire Stock Surges on Space Optimism
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This Tiny Space Stock Just Bought a $1 Billion Defense Business. Is It a Buy?
75% Informative
Redwire will buy privately held Edge Autonomy , "a leader in providing innovative autonomous systems, advanced optics, and resilient energy solutions" Redwire estimates that the combined business will generate between $535 million and $605 million in sales this year .
Redwire only has about $43 million in cash at last report, but it will need to borrow the rest of the $138 million debt load.
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Stock Advisor returns as of January 21 , 2025 Rich Smith has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy..
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