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Redwire Soars 29% on Inclusion in $151B Golden Dome Defense Contract

Redwire Soars 29% on Inclusion in $151B Golden Dome Defense Contract

Author:

Global Cryptocurrency

Published:

2026-01-27 21:52:02

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BTCCSquare news:

Redwire's stock surged 29% following its addition to the Pentagon's $151 billion Golden Dome contract pool for next-generation missile defense systems. The initiative, now open to thousands of companies including Palantir and Lockheed Martin, aims to deploy space-based interceptors against ballistic and hypersonic threats.

Originally conceived as a U.S. version of Israel's Iron Dome, the program's projected costs have ballooned from $175 billion to potential estimates reaching $3.6 trillion over two decades. The orbital defense network WOULD position thousands of interceptors near the edge of space, marking one of history's most ambitious military technology undertakings.

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