Redwire Selected for MDA's $151Bn Multi-Vendor SHIELD IDIQ to Support Homeland Defense

Redwire Corporation (NYSE: RDW), a global leader in space and defense technology solutions today announced it was awarded a contract for the Missile Defense Agency Scalable Homeland Innovative Enterprise Layered Defense (SHIELD) indefinite-delivery/indefinite-quantity (IDIQ) contract with a ceiling of $151B. This contract encompasses a broad range of work areas that allows for the rapid delivery of innovative capabilities to the warfighter with increased speed and agility.

“Redwire’s proven space and defense technologies, including unmanned aerial systems, advanced sensors, maneuverable spacecraft platforms, and agent-based modeling and simulation, position us to deliver resilient, multi-domain solutions for national security missions,” said Peter Cannito, Chairman and CEO of Redwire. “We are excited to continue advancing capabilities that help protect the homeland and support mission partners across the Department of War.”

This is a multi-award contract. There is no guaranteed revenue with the award of the SHIELD IDIQ contract.