Redwire posts record Q2 revenue and margin gains as backlog rises
Redwire reported second-quarter 2026 record revenues of $117.1 million, up 89.6% year over year, with gross margin improving to 27.8% from negative 30.9%. Book-to-bill rose to 1.42, and the company said demand for its autonomous and defense technologies drove growth and a growing backlog. It received follow-on awards for Stalker Block 30 and contracts for Penguin uncrewed aerial systems, including a multi-year deal valued in the high eight figures from an undisclosed NATO country.