Redwire awarded $25M single award IDIQ contract by NASA

* Redwire (NYSE:RDW [https://seekingalpha.com/symbol/RDW]) on Thursday said it has been awarded a NASA single award, indefinite-delivery/indefinite-quantity (IDIQ) contract with a $25 million ceiling for a five-year period to fulfill future task orders for biotechnology facilities, on-orbit operations support, mission integration, and related services for the agency on the International Space Station.
* Redwire will furnish these services to NASA when and if task orders are issued and there is no limit or minimum on the number of orders that may be issued.
* Under this contract, Redwire was recently issued a $2.5 million task order from NASA’s In Space Production Applications (InSPA) program to support additional drug development investigations on the ISS using Redwire’s PIL-BOX technology.
* RDW +4.56% premarket to $9.4.
* Source: Press Release [https://seekingalpha.com/pr/20214375-redwire-awarded-25-million-single-award-idiq-contract-by-nasa-to-provide-biotechnology-and]

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