Redwire's TEC contract is good news. This news would be better.Redwire (RDW +4.56%) stock jumped as much as 10% this morning before retracing to about a 3.9% gain as of 1:50 p.m. ET. It's a shame the space stock couldn't hold onto its gains, but it doesn't change the fact:This is the third day in a row that Redwire stock has moved higher. Why Redwire stock keeps going upRedwire first started moving higher on Thursday last week, after the company announced it had won an "eight-figure deal" to build two Inte ...

Key Points Redwire wins a $10 million-minimum contract from Germany's The Exploration Company. TEC is a spacecraft start-up focused on the European space industry. 10 stocks we like better than Redwire › Redwire Corporation (NYSE: RDW) stock, the space infrastructure company, rocketed 9.7% through 11:30 a.m. ET Thursday after announcing a contract win: an "eight-figure deal" to build two International Docking System Standard (IDSS) compliant docking systems for the flagship spacecraft of privately h ...