Aerospace Group:

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

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]