The post Redwire rallies as it’s named to $151 billion Trump Golden Dome contract pool appeared on BitcoinEthereumNews.com. Redwire stock spiked 29% on Tuesday The post Redwire rallies as it’s named to $151 billion Trump Golden Dome contract pool appeared on BitcoinEthereumNews.com. Redwire stock spiked 29% on Tuesday

Redwire rallies as it’s named to $151 billion Trump Golden Dome contract pool

3 min read

Redwire stock spiked 29% on Tuesday after it got picked to join the Golden Dome contract pool, a huge Department of Defense program under President Donald Trump.

The pool is worth up to $151 billion, and it’s tied to building out next-gen missile defense systems across space, cyber, and air.

Thousands of companies are now cleared to support the Missile Defense Agency under this effort. Redwire is one of them. Others include Palantir, Firefly Aerospace, Lockheed Martin, AeroVironment, Anduril, and Blue Origin. The government didn’t break down contract amounts yet, but these companies are officially eligible to take part.

Trump signs order for global missile shield and pushes $1.5 trillion budget

Trump first talked about the Golden Dome in May 2025. Back then, he said it would cost $175 billion and be running in three years. It was pitched as a full-scale U.S. version of Israel’s Iron Dome. But it’s a lot bigger. Some estimates now say it could hit $500 billion over 20 years. One analysis from the American Enterprise Institute says the final cost might even reach $3.6 trillion, depending on how it’s built.

On January 27, 2025, Trump signed an executive order telling the military to start building what he called an “Iron Dome for America.” The name got changed a few months later to the Golden Dome. It’s meant to take out ballistic, hypersonic, and cruise missiles before they land or even during launch.

The hardware would be packed into thousands of small interceptors flying in orbit. These weapons would circle near the edge of space and be ready to react. Critics say the system has blind spots, since only a few interceptors would be in the right place at the right time.

But Trump didn’t focus on that. He said the project has serious offensive power. “We have some very bad players out there,” Trump said. “But we can be far worse than anybody, if need be.”

To support all of this, Trump is now pushing for a $1.5 trillion defense budget for 2027. He calls it his “Dream Military.” It’s the largest peacetime defense spending plan ever floated by a U.S. president.

Redwire expands into drones and joins largest weapons project ever attempted

Redwire, based in Jacksonville, went public in 2021 during the SPAC craze that pulled a bunch of space startups into the market. The company builds space tools like cameras, antennas, and sensors.

In 2025, it bought Edge Autonomy, a drone tech firm, for $925 million to grow its work in autonomous flight and surveillance. That deal now connects directly to its role in the Golden Dome.

In 2025, Congress passed the One Big Beautiful Bill Act, which gave $24.4 billion to start building the system. Another $13 billion was added for fiscal year 2026. Together, that’s 2.2% of the federal discretionary budget for the year.

By December, more than 1,000 companies had made it into the contractor pool. A few got early deals, but they weren’t made public. Some reports said SpaceX will get $2 billion to launch 600 satellites for missile tracking.

Elon Musk had previously denied any involvement, saying his focus was Mars. Other names like True Anomaly, Northrop Grumman, and Anduril also got contracts behind closed doors.

Redwire hasn’t said what exact role it will play yet, but it’s in the game now. With billions already committed and more to come, every cleared vendor has a shot. The program is still taking shape, but the pool is set, and Redwire is locked in.

Join a premium crypto trading community free for 30 days – normally $100/mo.

Source: https://www.cryptopolitan.com/redwire-in-151b-trump-golden-dome-contract/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

Why Analysts Say XYZverse Could Overtake AVAX in Adoption This Cycle

Why Analysts Say XYZverse Could Overtake AVAX in Adoption This Cycle

Discover why top crypto analysts believe XYZverse is poised to surpass AVAX in user adoption this market cycle. Explore key factors driving its growth, technological advantages, and investor sentiment.
Share
Cryptodaily2025/09/22 17:57
How to earn from cloud mining: IeByte’s upgraded auto-cloud mining platform unlocks genuine passive earnings

How to earn from cloud mining: IeByte’s upgraded auto-cloud mining platform unlocks genuine passive earnings

The post How to earn from cloud mining: IeByte’s upgraded auto-cloud mining platform unlocks genuine passive earnings appeared on BitcoinEthereumNews.com. contributor Posted: September 17, 2025 As digital assets continue to reshape global finance, cloud mining has become one of the most effective ways for investors to generate stable passive income. Addressing the growing demand for simplicity, security, and profitability, IeByte has officially upgraded its fully automated cloud mining platform, empowering both beginners and experienced investors to earn Bitcoin, Dogecoin, and other mainstream cryptocurrencies without the need for hardware or technical expertise. Why cloud mining in 2025? Traditional crypto mining requires expensive hardware, high electricity costs, and constant maintenance. In 2025, with blockchain networks becoming more competitive, these barriers have grown even higher. Cloud mining solves this by allowing users to lease professional mining power remotely, eliminating the upfront costs and complexity. IeByte stands at the forefront of this transformation, offering investors a transparent and seamless path to daily earnings. IeByte’s upgraded auto-cloud mining platform With its latest upgrade, IeByte introduces: Full Automation: Mining contracts can be activated in just one click, with all processes handled by IeByte’s servers. Enhanced Security: Bank-grade encryption, cold wallets, and real-time monitoring protect every transaction. Scalable Options: From starter packages to high-level investment contracts, investors can choose the plan that matches their goals. Global Reach: Already trusted by users in over 100 countries. Mining contracts for 2025 IeByte offers a wide range of contracts tailored for every investor level. From entry-level plans with daily returns to premium high-yield packages, the platform ensures maximum accessibility. Contract Type Duration Price Daily Reward Total Earnings (Principal + Profit) Starter Contract 1 Day $200 $6 $200 + $6 + $10 bonus Bronze Basic Contract 2 Days $500 $13.5 $500 + $27 Bronze Basic Contract 3 Days $1,200 $36 $1,200 + $108 Silver Advanced Contract 1 Day $5,000 $175 $5,000 + $175 Silver Advanced Contract 2 Days $8,000 $320 $8,000 + $640 Silver…
Share
BitcoinEthereumNews2025/09/17 23:48
Rainbow proposes to acquire Clanker Protocol and announces token distribution plan

Rainbow proposes to acquire Clanker Protocol and announces token distribution plan

PANews reported on September 23rd that the Rainbow Foundation proposed acquiring the Clanker protocol and announced a token distribution plan: SCLANKER holders will receive 4% of the total supply of Rainbow's new token, SRNBW (approximately 20% of the circulating supply of TGE); all Clanker treasury assets will be airdropped to SCLANKER holders; and LP fees generated by the Clanker protocol will be permanently distributed to SCLANKER holders. Rainbow has pledged to integrate Clanker into its product ecosystem and provide SRNBW rewards for related transactions. Clanker responded that he had informed Rainbow last week that he would not accept the acquisition and that there was a disagreement in the communication between the two sides.
Share
PANews2025/09/23 08:45