Redwire presents 14.3% sequential backlog growth in investor presentation
RDW•Redwire reported third-quarter 2026 backlog of $619.7 million, up 14.3% sequentially, and bookings of $188.7 million, for a 1.73-times book-to-bill ratio. Revenue was $109 million, and gross margin widened to 32.3%.
1. Third-quarter figures
Redwire's third-quarter 2026 backlog reached $619.7 million, up 14.3% sequentially. Bookings totaled $188.7 million, representing a book-to-bill ratio of 1.73 times. Revenue rose to $109 million from $103.4 million a year earlier, while gross margin widened to 32.3% from 16.3%.
2. Recent awards
Recent contract awards included $40 million for NASA Moon Base power generation and $20 million for DARPA Otter testing.
