Slide 1: Redwire 101 Q2 2026
REDWIRE 101 Q2 2026 AUGUST 2026
Slide 2: Use of Data, Use of Projections, Cautionary Statement
USE OF DATA Industry and market data used in this Presentation have been obtained from third-party industry publications and sources, are made in reliance on the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section as well as from research reports prepared for
Slide 3: Cautionary Statement (Continued) and Non-GAAP Financial Information
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS (CONTINUED) (continued from prior slide) (38) the wide variety of extensive and evolving government laws and regulations to which our Adjusted Gross Profit is defined as revenues less cost of sales as computed in accordance with U.S. GAAP, ex
Slide 4: Redwire 101: Proven and Operating Now
Redwire 101 REDWIRE 101: PROVEN AND OPERATING NOW DRIVING 2 VLEO Prime Contracts 400K+ Flight Hours ~1,000 Stalkers MISSION- for DARPA's Otter in the U.S. and ESA's Skimsat in Europe for our field-proven airborne products and solutions Produced from 2006-2026, a testament to its ongoing relevance CR
Slide 5: Redwire 101: Who Are Our Customers?
Redwire 101 REDWIRE 101: WHO ARE OUR CUSTOMERS? REDWIRE EXECUTED FOR MORE THAN 115 CUSTOMERS YTD AS OF JUNE 30, 2026 REDWIRE CUSTOMERS HAVE INCLUDED: 5 Redwire | August 2026 Redwire 101
Slide 6: Redwire Value Drivers
Redwire 101 REDWIRE VALUE DRIVERS SPACE DEFENSE TECH Next-Gen Large Space Microgravity Combat- Sensors & Spacecraft Infrastructure Development Proven UAS Payloads VLEO / GEO ROSA / IBDM PIL-BOX / BioFabrication Facility Stalker / Penguin Optics / RF 6 Redwire | August 2026 Redwire 101
Slide 7: Next-Gen Spacecraft
Redwire 101 NEXT-GEN SPACECRAFT STRATEGICALLY POSITIONED TO BE A TRUSTED PRIME CONTRACTOR ON NEXT-GENERATION SPACECRAFT WITH KEY CAPABILITIES SUCH AS AI, QKD, AND MANEUVERABILITY KEY PRODUCTS • VLEO: SabreSat (U.S.-built), Phantom (Belgium-built) • LEO: Thresher (U.S.-built), Hammerhead (Belgium-bui
Slide 8: Large Space Infrastructure
Redwire 101 LARGE SPACE INFRASTRUCTURE WE PROVIDE BUILDING BLOCKS FOR CRITICAL SPACE INFRASTRUCTURE FROM LARGE CONSTELLATIONS IN LEO TO SPACE STATIONS AND MOON/MARS EXPLORATION KEY PRODUCTS • Roll-Out Solar Array (ROSA) • Extensible Low-Profile Solar Array (ELSA) • International Berthing and Docking
Slide 9: Microgravity Development
Redwire 101 MICROGRAVITY DEVELOPMENT WE ARE A GLOBAL LEADER IN MICROGRAVITY WITH DECADES OF HERITAGE AND 100S OF EXPERIMENTS FLOWN KEY PRODUCTS • Pharmaceutical In-space Laboratory – Bio-crystal Optimization eXperiments (PIL-BOX) • BioFabrication Facility (BFF) FUTURE GROWTH • Pharma has a <10% succ
Slide 10: Microgravity Development: Starfall
Redwire 101 MICROGRAVITY DEVELOPMENT: STARFALL SPACEMD SIGNED HISTORIC AGREEMENT TO PURCHASE AN ENTIRE SPACEX STARFALL SPACECRAFT, ENABLING FIRST OF ITS KIND COMMERCIAL MISSION OVERVIEW • Starfall is SpaceX's new spacecraft that enables affordable, routine access to a microgravity environment • Spac
Slide 11: Combat-Proven UAS
Redwire 101 COMBAT-PROVEN UAS WE SUPPLY COMBAT-PROVEN AUTONOMOUS UAS SYSTEMS, BUILT IN THE U.S. AND EUROPE TO THE WARFIGHTER KEY PRODUCTS • Stalker Series UAS • Penguin Series UAS FUTURE GROWTH • From Unleashing American Drone Dominance to the European Drone Defence Initiative, in-region capability
Slide 12: Sensors & Payloads
Redwire 101 SENSORS & PAYLOADS SUPPORTING MULTI-DOMAIN MISSIONS WITH AVIONICS OF CHOICE FROM AIRBORNE RSTA TO MOON-TO-MARS KEY PRODUCTS • Octopus Gimbals • Radio Frequency (RF) Payloads FUTURE GROWTH • Growing UAV EO/IR Sensor opportunity: forecasted to grow from ~$1.6B in FY23 to ~$4.8B in FY32; a
Slide 13: Redwire 101: We Have a History of M&A
Redwire 101 REDWIRE 101: WE HAVE A HISTORY OF M&A September 2021 Public Platform June 2020 Established Made In February 2021 March 2020 Space Deployable June 2025 Adcole Space Acquisition of Edge Maryland Systems November 2021 Autonomy closed December 2020 Aerospace Techshot Platform Consolidation L
Slide 14: Redwire 101: How Do We Make Money?
Redwire 101 REDWIRE 101: HOW DO WE MAKE MONEY? ILLUSTRATIVE OVER TIME CONTRACT REDWIRE RECOGNIZES REVENUE UNDER POINT IN TIME AND OVER TIME METHODS POINT IN TIME Launch • Revenue is recognized when the asset is transferred to the customer • 34.3% of Contracted Backlog1 as of June 30, 2026 OVER TIME
Slide 15: Redwire 101: Where Are We Located?
Redwire 101 REDWIRE 101: WHERE ARE WE LOCATED? 23 locations1 in North America… …and 5 locations in Europe 15 Redwire | August 2026 Redwire 101 1As of December 31, 2025. Subsequent to year-end 2025, only one facility remains in Indiana and Michigan, respectively.
Slide 16: Redwire 101: Financial Summary
Redwire 101 REDWIRE 101: FINANCIAL SUMMARY Revenue ($M) Gross Margin (%) $125.0 $117.1 40.0% $108.8 27.8% $103.4 26.6% $97.0 $100.0 20.0% 16.3% 9.6% $75.0 $61.8 —% $50.0 (20.0)% $25.0 (30.9)% $— (40.0)% Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Recorded Revenue
Slide 17: Redwire 101: Q2 2026 Revenue Diversification
Redwire 101 REDWIRE 101: Q2 2026 REVENUE DIVERSIFICATION Revenue by Segment ($M) Revenue by Recognition Revenue by Customer Revenue by Customer Method (%) Grouping ($M) Geographic Location ($M) $7.3 $18.1 6.2% 15.4% $45.9 $55.2 39.2% $42.2 $61.9 47.1% 48% 52% 36.1% $67.6 52.9% 57.7% $53.1 45.4% Spac
Slide 18: Backlog & Bookings
Redwire 101 BACKLOG & BOOKINGS $165.8M 1.42x $647.0M 1.52x Q2 2026 Bookings Q2 2026 Book-to-Bill1 LTM Q2 2026 Bookings LTM Q2 2026 Book-to-Bill1 BACKLOG1 Sequential $542.1 $498.1 increase of 8.8% $411.2 $355.6 $329.5 $291.2 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 CONTINUED MOMENTUM WITH BACK
Slide 19: Appendix
Q2 2026 Appendix 19 Redwire | August 2026 Redwire 101
Slide 20: Tech Spotlight: Stalker UAS Series
Redwire 101 TECH SPOTLIGHT: STALKER UAS SERIES CEILING Stalker Block 30: Combat-proven, All-electric VTOL UAS; operates in highly contested 4,572m / 15,000ft AGL environments, including GPS-denied and jamming LOS COMMUNICATIONS RANGE ◦ Silent flight operations; high TRL/MRL with 300,000+ flight hour
Slide 21: Tech Spotlight: Penguin UAS Series
Redwire 101 TECH SPOTLIGHT: PENGUIN UAS SERIES Penguin C Mk2: Combat-proven, rail-launched variant provides long-endurance ISR CEILING 4,000m / 13,000ft capability at competitive pricing MAX TAKEOFF WEIGHT 25kg / 55lb ◦ High TRL/MRL technology, operating in highly contested environments, including G
Slide 22: Q2 2026 Quarter-to-Date Performance
Redwire 101 Q2 2026 QUARTER-TO-DATE PERFORMANCE Three Months Ended $ Change from prior % Change from prior ($ in thousands, except percentages) June 30, 2026 June 30, 2025 year period year period Revenues $ 117,074 $ 61,760 $ 55,314 90 % Cost of sales 84,530 80,824 3,706 5 Gross profit 32,544 (19,06
Slide 23: 2026 Year-to-Date Performance
Redwire 101 2026 YEAR-TO-DATE-PERFORMANCE Six Months Ended $ Change from prior % Change from prior ($ in thousands, except percentages) June 30, 2026 June 30, 2025 year period year period Revenues $ 214,046 $ 123,155 $ 90,891 74 % Cost of sales 155,694 133,178 22,516 17 Gross profit 58,352 (10,023)
Slide 24: Supplemental Non-GAAP Information
Redwire 101 SUPPLEMENTAL NON-GAAP INFORMATION Adjusted EBITDA Adjusted EBITDA is not a measure of results under generally accepted accounting principles in the United States. Adjusted EBITDA is defined as net income (loss) adjusted for interest expense, net, income tax expense (benefit), depreciatio
Slide 25: Supplemental Non-GAAP Information
Redwire 101 SUPPLEMENTAL NON-GAAP INFORMATION Three Months Ended Six Months Ended Free Cash Flow (in thousands) June 30, 2026 June 30, 2025 June 30, 2026 June 30, 2025 Free Cash Flow is computed as net cash provided by (used in) operating activities less Net cash provided by (used in) capital expend
Slide 26: Supplemental Non-GAAP Information
Redwire 101 SUPPLEMENTAL NON-GAAP INFORMATION Adjusted EPS Adjusted EPS is not a measure of results under generally accepted accounting principles in the United States. Adjusted EPS is defined as U.S. GAAP diluted earnings per share (the most directly Three Months Ended Six Months Ended comparable U
Slide 27: Key Performance Indicators
Redwire 101 KEY PERFORMANCE INDICATORS Three Months Ended Last Twelve Months Ended (in thousands, except ratio) June 30, 2026 June 30, 2025 June 30, 2026 June 30, 2025 Book-to-Bill Ratio Contracts awarded We view book-to-bill as an indicator of future revenue growth potential. To drive future Space
Slide 28: Key Performance Indicators
Redwire 101 KEY PERFORMANCE INDICATORS Contracted Backlog We view growth in backlog as a key measure of our business growth. Contracted backlog June 30, December 31, represents the estimated dollar value of firm funded executed contracts for which work has (in thousands) 2026 2025 not been performed
Slide 29: Glossary
Redwire 101 GLOSSARY Acronym Definition Acronym Definition AGL Above Ground Level M&A Mergers & Acquisitions AI Artificial Intelligence MEO Medium Earth Orbit BFF BioFabrication Facility MOSA Modular Open Systems Approach BLOS Beyond Line of Sight MRL Manufacturing Readiness Level DARPA Defense Adva