:

Space

Redwire Closes $925 Million Acquisition Of Edge Autonomy, Adding UAS Tech

By Cal Biesecker

Friday, June 13th, 2025

SHARE:

Redwire Closes $925 Million Acquisition Of Edge Autonomy, Adding UAS Tech

An Edge Autonomy UAS integrated with Lockheed Martin's 12th Generation EW payload. Photo: Lockheed Martin

Redwire Corp. [RDW] last Friday completed its $925 million acquisition of Edge Autonomy, taking the space technology company into the unmanned aircraft systems (UAS) business. Redwire announced the deal in January. The company repeated its previous disclosure that if the acquisition had been completed on Jan. 1, 2025, projected sales this year would be between $535 million and $605 million, and adjusting operating income between $70 million and $105 million with positive free cash flow (Defense Daily, Jan. 21). Redwire’s…

Congress

House Republicans Block Measure To Impeach Hegseth

House Republicans on Tuesday evening voted to block an attempt to impeach Defense Secretary Pete Hegseth. In a 211-204 vote, the House moved to refer Rep. Thomas Massie’s (R-Ky.) articles […]

Congress

Top House Defense Appropriator Calvert Officially Wins Reelection Bid

Rep. Ken Calvert (R-Calif.), House Republicans’ top defense appropriator, has officially won his reelection bid. Calvert was running for a redistricted seat against fellow House Republican Rep. Young Kim (R-Calif.), […]

Congress

No Path To Defense Reconciliation, Including GOP’s $350 Billion, Coons Says

Top Senate Democrats threw cold water on any GOP plans for a $350 billion fiscal 2027 reconciliation bill, or any defense reconciliation bill, before a new Congress is sworn in […]

Congress

Industry Groups ‘Urge’ Congress To Block Stock Buyback Restriction From Final FY ‘27 NDAA

More than three dozen industry associations on Monday called on congressional defense committee leaders to scrap a provision in the final version of the next National Defense Authorization Act that […]