Redwire Stock Plummets 30% Amid Revenue Decline and Contract Delays

Redwire (RDW) shares collapsed over 30% this week after reporting a sharp revenue drop and widening net losses. The space and defense technology firm posted Q2 2025 revenue of $61.8 million, down from $78.1 million year-over-year, while net losses ballooned to $78.9 million.

Contract delays for key projects like the Golden Dome program pushed expected revenue into late 2025 and 2026. Despite securing $90 million in new contracts last quarter and maintaining an $11 billion pipeline, investors punished the stock as government contracting timelines remain unpredictable.

The company continues developing advanced satellite systems, military surveillance drones, and space biotechnology solutions. Its future hinges on converting its massive opportunity pipeline into firm contracts with the U.S. government and allied nations.