The second-quarter awards support the Portfolio Acquisition Executive Robotic Autonomous Systems Aircraft Program Management Office’s Family of Small UAS team.The orders include a second Advanced Navigation Stalker Block 30 uncrewed aircraft system, along with standard systems.They follow $20 million in first-quarter awards, including the U.S. Marine Corps’ initial purchase of the Advanced Navigation Stalker Block 30.The latest awards bring Redwire’s disclosed AIR PMO orders for the first half of 2026 to $41.5 million.Stalker Fleet ModernizationThe Marine Corps is upgrading a fleet that includes hundreds of Stalker platforms already in service.Each Advanced Navigation system includes air vehicles, intelligence, surveillance, and reconnaissance camera payloads, short-, medium-, and long-range ground control stations, and associated support kits.Redwire said the upgraded configuration improves situational awareness, target tracking, and operational flexibility in challenging ISR missions.The Defense Logistics Agency completed the procurement through its Tailored Logistics Support indefinite-delivery, indefinite-quantity contract. Atlantic Diving Supply served as the prime contractor.Short Interest RisesDuring the recent reporting period, Redwire’s short interest rose to 43.05 million shares from 37.78 million, representing 26.2% of its public float.Based on the average daily volume of 33.68 million shares, short sellers would need about 1.28 days to cover their positions.RDW Technical AnalysisRedwire traded at $10.08, about 14.1% below its 20-day simple moving average of $11.74 and roughly in line with its 200-day SMA of $10.08.The moving average convergence divergence remains below its signal line, pointing to weakening momentum. The stock may face difficulty sustaining a rebound unless buying strength improves.