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Benzinga
Benzinga
Business
Triveni Kothapalli

Redwire Expands With New Space Defense Facility In Albuquerque

Redwire Albuquerque RDW New Mexico
RedwireStuttgart,,Germany,-,09-04-2022:,Smartphone,With,Webpage,Of,Us,Aerospace

Redwire Corporation (NYSE:RDW) shares rose on Thursday after the company announced the opening of a 15,000-square-foot facility in Albuquerque, New Mexico, to accelerate the development of advanced space-based defense systems.

The new site, named the Firestone Rapid Capabilities Facility (FRCF), expands Redwire’s long-standing presence in the region, where the company has worked closely with the Air Force Research Laboratory (AFRL).

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