Slide 1: Investor Update Q2 2026
INVESTOR UPDATE Q2 2026 AUGUST 6, 2026
Slide 2: Use of Data
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 Regarding Forward-Looking Statements (Continued)
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: Agenda
AGENDA 1. Q2 2026 Highlights Peter Cannito CHAIRMAN, CHIEF EXECUTIVE OFFICER, & PRESIDENT 2. Financial Results & FY26 Outlook Chris Edmunds CHIEF FINANCIAL OFFICER 4 Redwire | Q2 2026 Investor Update
Slide 5: Q2 2026 Highlights
Q2 2026 HIGHLIGHTS Peter Cannito, Chairman, CEO, and President 5 Redwire | Q2 2026 Investor Update
Slide 6: Q2 2026 Highlights: Delivering +89.6% Growth
Q2 2026 Highlights Q2 2026 HIGHLIGHTS DELIVERING +89.6% 27.8% GROWTH Year-over-year increase to record revenues of $117.1M Record gross margins, disciplined execution $542.1M $607.8M Record Backlog1, bolstered by Total liquidity2, balance sheet Book-to-Bill1 ratio of 1.42x enables strategic investme
Slide 7: Redwire Investment Framework
Q2 2026 Highlights REDWIRE INVESTMENT FRAMEWORK BALANCE SHEET INTERNAL ACCRETIVE STRENGTH INNOVATION M&A Improvement to-date enables Compounding growth through Targeted investment in best-of- rapid capitalization on future new product advancement and breed capabilities to accelerate opportunities de
Slide 8: Expanding U.S. Manufacturing
Q2 2026 Highlights EXPANDING U.S. MANUFACTURING 30,000 sq. ft. state-of-the-art microgravity +164,000 sq. ft. expansion for UAS, Octopus payload development facility in Georgetown, payloads, advanced energy solutions, and IN space capabilities in Huntsville, AL1 8 Redwire | Q2 2026 Investor Update 1
Slide 9: Redwire Value Drivers
Q2 2026 Highlights REDWIRE VALUE DRIVERS SPACE NEXT-GENERATION SPACECRAFT LARGE SPACE INFRASTRUCTURE MICROGRAVITY DEVELOPMENT DEFENSE TECH COMBAT-PROVEN UAS SENSORS & PAYLOADS 9 Redwire | Q2 2026 Investor Update
Slide 10: Next-Gen Spacecraft
Q2 2026 Highlights NEXT-GEN SPACECRAFT SELECTED FOR SPACE SYSTEMS COMMAND $980M+ "NITE-STAR" IDIQ In July 2026, Redwire was selected as one of 15 vendors to be awarded an indefinite- delivery/indefinite-quantity ("IDIQ") contract for National Space Test and Training Complex Innovative Technology and
Slide 11: Large Space Infrastructure
Q2 2026 Highlights LARGE SPACE INFRASTRUCTURE ROSA TECHNOLOGY TO SUPPORT NASA'S PIONEERING SPACE-REACTOR-1 FREEDOM MARS MISSION The two ROSA wings will generate an unprecedented 60kW of power - the most powerful ROSA wings ever built. They were originally developed through a contract with Intuitive
Slide 12: Microgravity Development
Q2 2026 Highlights MICROGRAVITY DEVELOPMENT IN JULY 2026, SPACEMD SIGNED HISTORIC AGREEMENT TO PURCHASE AN ENTIRE SPACEX STARFALL SPACECRAFT, ENABLING FIRST OF ITS KIND COMMERCIAL MISSION SpaceMD's inaugural Starfall mission is slated for launch in late 2028 and is expected to have the capacity to c
Slide 13: Combat-Proven UAS
Q2 2026 Highlights COMBAT-PROVEN UAS AWARDED HIGH EIGHT-FIGURE, MULTI-YEAR CONTACT TO DELIVER PENGUIN MK3 UAS The contract, from an undisclosed NATO country, is part of a multi-year modernization program for the country's UAS capabilities. Redwire's Penguin Mk3 builds on years of operational, combat
Slide 14: Sensors & Payloads
Q2 2026 Highlights SENSORS & PAYLOADS DELIVERED NEARLY 200 OCTOPUS ISR PAYLOADS YEAR-TO-DATE, A 15%+ INCREASE YEAR-OVER-YEAR Announced two new Octopus products, the E140 MWIR and E180 HD MWIR during the quarter. Together, these products strengthen Redwire's position in the ISR market by delivering l
Slide 15: Financial Results & FY26 Outlook
FINANCIAL RESULTS & FY26 OUTLOOK Chris Edmunds, Chief Financial Officer 15 Redwire | Q2 2026 Investor Update
Slide 16: Q2 FY26 Revenue
Financial Results & FY26 Outlook Q2 FY26 $120.0 $117.1 REVENUE $100.0 $61.9 $80.0 +89.6% $60.0 $61.8 $5.1 Year-over-year increase in Q2 revenue $40.0 $56.7 $55.2 $20.0 With 15.5% Civil, 45.4% National Security, and 39.2% Commercial and other revenue in Q2 2026 $— Q2 FY25 Revenue Q2 FY26 Revenue 16 R
Slide 17: Q2 FY26 Profitability
Financial Results & FY26 Outlook Q2 FY26 40.0% PROFITABILITY 30.0% 27.8% 20.0% 10.0% 27.8% (10.0)% —% Q2 Gross Margin (20.0)% (30.0)% (30.9)% FUNDING INVESTMENT, NOT LOSSES (40.0)% Q2 FY25 Gross Margin Q2 FY26 Gross Margin $(3.2)M $12.5M Gross Profit Net Income Adj. EBITDA1 Gross Profit Net Income A
Slide 18: Liquidity & Capital Structure
Financial Results & FY26 Outlook LIQUIDITY & $700.0 CAPITAL STRUCTURE $600.0 $607.8 $50.0 $500.0 REDWIRE ENDED Q2 2026 WITH RECORD TOTAL LIQUIDITY OF $607.8M1 $400.0 • Cash: 6x increase year-over-year $300.0 $557.8 • Total Debt: 75% reduction year-over-year $195.7 • Interest Expense, net: Significan
Slide 19: Backlog & Bookings
Financial Results & FY26 Outlook 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 CONTINU
Slide 20: FY26 Outlook
Financial Results & FY26 Outlook FY26 OUTLOOK $550.0 $500.0 FY26 $500.0 projected $450M- revenue $450.0 range $450.0 $400.0 $350.0 $300.0 $250.0 $335.4 $500M Reaffirming the FY26 projected $200.0 revenue range $150.0 $100.0 $50.0 $— Implies 41.6% year-over-year revenue FY25 FY26 growth at the midpoi
Slide 21: Q&A
Q&A
Slide 22: Appendix
Q2 2026 Appendix 22 Redwire | Q2 2026 Investor Update
Slide 23: Q2 2026 Quarter-to-Date Performance
Appendix 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 (19,064)
Slide 24: 2026 Year-to-Date Performance
Appendix 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) 68,
Slide 25: Supplemental Non-GAAP Information
Appendix 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), depreciation a
Slide 26: Supplemental Non-GAAP Information
Appendix 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 expenditu
Slide 27: Supplemental Non-GAAP Information
Appendix 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.S.
Slide 28: Key Performance Indicators
Appendix 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 $ 2
Slide 29: Key Performance Indicators
Appendix KEY PERFORMANCE INDICATORS 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 (also known a