Redwire Corporation's shares rose 4.6% on Wednesday after the company disclosed it had been awarded follow-on purchase orders totaling $21.5 million by the Portfolio Acquisition Executive Robotic Autonomous Systems (PAE RAS). The orders are to supply the Stalker uncrewed aircraft system (UAS) in both its Advanced Navigation and standard configurations.
The purchases are intended to support the Aircraft Program Management Office Family of Small UAS Team. According to the company disclosure, the awards were received in the second quarter of 2026 and include a second Advanced Stalker Block 30 system in addition to standard Stalker systems.
This tranche of orders follows earlier awards of roughly $20 million from the AIR PMO received in the first quarter of 2026. Those earlier awards included the Marine Corps' initial procurement of Redwire's Advanced Navigation variant of the Stalker Block 30 UAS.
The new acquisitions are described as part of the Marine Corps' effort to upgrade its existing inventory. The service currently operates what the company describes as hundreds of Stalker platforms in active service. Each Advanced Navigation system is built up from a set of components that includes air vehicles, ISR camera payloads, short-, medium- and long-range ground control stations, and associated support kits.
Procurement for the recent purchase orders was executed through the Defense Logistics Agency Tailored Logistics Support contract. Atlantic Diving Supply served as the prime contractor on the transaction.
Market reaction to the announcement was immediate, with Redwire stock moving higher on the news of the follow-on orders. The awards further extend the company's deliveries of Stalker systems to U.S. defense customers this year.
Context and details provided by the company
- The $21.5 million in follow-on orders were awarded by PAE RAS and received in Q2 2026.
- Orders include a second Advanced Stalker Block 30 system plus standard systems.
- Prior awards of about $20 million from AIR PMO in Q1 2026 included the Marine Corps' first purchase of the Advanced Navigation Stalker Block 30.
- Procurement completed via the DLA Tailored Logistics Support contract with Atlantic Diving Supply as prime contractor.
The transaction details and the company's statement outline continued procurement activity for the Stalker family of systems during 2026.