Redwire wins high eight-figure NATO contract for Penguin Mk3 drone system

Redwire Corporation (NYSE: RDW) received a multi-year contract valued in the high eight figures from an undisclosed NATO country to deliver its Penguin Mk3 uncrewed aerial system through a competitive tender process, according to a company statement.

The contract supports the NATO ally's multi-year modernization program for tactical uncrewed aerial system capabilities. The Penguin Mk3 incorporates enhanced modularity, mission adaptability, and growth capacity compared to previous versions in the Penguin series.

"This program reflects Redwire's heritage of bringing a forward-looking approach to tactical UAS modernization for NATO allies," said Steve Adlich, President of Redwire Defense Tech. "Penguin Mk3 builds on years of operational, combat experience to deliver a scalable, adaptable solution aligned with the demands of modern defense environments."

Redwire will execute the program and provide long-term sustainment through its European operations, utilizing regional engineering, program management, and sustainment capabilities.

The company has delivered more than 250 Penguin aircraft to the Ukraine Armed Forces. The Penguin system was included in United States Security Assistance Packages for Ukraine in July 2023 and December 2024.

Jacksonville, Florida-based Redwire employs approximately 1,400 people across Europe and North America. The company develops space and defense technology solutions including uncrewed aerial systems, advanced optics, and energy solutions for defense agencies and allied governments.

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