Pete Cannito, Redwire Company at the Contemporary York Stock Substitute, September 8, 2021.
Source: NYSE
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Some projections estimate the mission would possibly price bigger than $500 billion over twenty years.
Sometime of his 2d term in space of job, Trump has centered on rebuilding and modernizing the U.S. armed forces and defense manufacturing. This month, the president called for a $1.5 trillion defense budget in 2027 to enhance his purpose of a “Dream Military.”
Redwire debuted on the Contemporary York Stock Substitute in 2021 in the end of the frenzy of special-purpose acquisition company mergers that took many dwelling companies public.
The Jacksonville, Florida-based fully mostly company creates infrastructure equivalent to camera systems, sensors and antennas for dwelling missions.
Closing 365 days, the company sold drone maker Edge Autonomy for $925 million to supply out its self reliant capabilities.
