MARKET WIRE NEWS

Redwire Elects The Honorable Frank Calvelli to Board of Directors

MWN-AI** Summary

Redwire Corporation (NYSE: RDW), a prominent player in aerospace and defense technology, has appointed The Honorable Frank Calvelli to its Board of Directors, effective March 12, 2026. Calvelli's extensive background includes his role as the Assistant Secretary of the Air Force for Space Acquisition and Integration, where he was the Pentagon's first senior acquisition executive overseeing military space programs. His tenure was marked by significant advancements in the U.S. Space Force, as he fostered collaboration across government agencies to expedite the delivery of new capabilities to warfighters.

Peter Cannito, Chairman and CEO of Redwire, emphasized the importance of Calvelli's unique insights and experience within the national security sector, particularly at this pivotal moment in the company's growth. Cannito expressed enthusiasm for working with Calvelli and the board to enhance Redwire’s capabilities in serving the needs of U.S. military operations.

Before his appointment at the Air Force, Calvelli served for eight years as the Principal Deputy Director of the National Reconnaissance Office, accumulating over 36 years of experience in national security space acquisitions. His educational background includes a bachelor’s degree in computer and information sciences from the State University of New York at Potsdam and an MBA from Loyola College in Baltimore, Maryland.

Redwire Corporation is dedicated to advancing aerospace infrastructure, autonomous systems, and multi-domain operations, utilizing digital engineering and AI automation. With a workforce of approximately 1,400 employees across North America and Europe, Redwire is committed to pioneering innovative solutions that transform the future of space and airborne platforms.

For further information, visit Redwire's website at RDW.com or their business wire announcement.

MWN-AI** Analysis

Redwire Corporation's (NYSE: RDW) recent election of The Honorable Frank Calvelli to its Board of Directors signals a pivotal moment for the company, particularly as the aerospace and defense sectors continue to evolve rapidly. With his extensive background, including his role as the Assistant Secretary of the Air Force for Space Acquisition and Integration and his experience at the National Reconnaissance Office, Calvelli's addition could bolster Redwire’s strategic positioning within the national security landscape.

Investors should note the strategic implications of his appointment. Calvelli brings a wealth of knowledge regarding military space programs and the defense procurement processes, which can enhance Redwire's capabilities in these critical areas. His insights into speeding up the acquisition processes and enhancing collaboration across departments will be vital as the company looks to deliver innovative solutions in a competitive marketplace.

Redwire, focusing on advanced technologies such as autonomous systems and digital engineering, stands to gain significantly from Calvelli’s expertise. His understanding of the needs and challenges faced by the U.S. military can help guide Redwire’s product development to ensure alignment with federal priorities, thereby potentially increasing contract opportunities and revenue growth.

Conclusively, while stock price movements may vary in the short term, the long-term outlook for Redwire appears promising with this strategic board addition. Investors should consider capitalizing on this momentum, as Calvelli's leadership could lead the company toward enhanced operational efficiency and innovation. Keeping an eye on upcoming announcements and developments regarding defense contracts will be crucial as Redwire positions itself to leverage Calvelli's experience in the ever-changing landscape of aerospace and defense.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: Business Wire

Calvelli served as Assistant Secretary of the Air Force for Space Acquisition and Integration –the Pentagon’s first-ever senior acquisition executive in charge of military space programs

Redwire Corporation (NYSE: RDW), a global leader in aerospace and defense technology solutions, today announced that its Board of Directors has elected The Honorable Frank Calvelli as its newest member, effective March 12, 2026.

Calvelli previously served as Assistant Secretary of the Air Force for Space Acquisition and Integration and was the Pentagon’s first service acquisition executive for U.S. Space Force space systems and programs. In this role, Calvelli enhanced speed and collaboration in developing systems for the U.S. Space Force, while also synchronizing efforts across the Department of Defense and with broader government, to get new capabilities into the hands of warfighters.

“Frank brings unique customer perspective and trusted experience within the national security sector, and he joins Redwire’s Board of Directors at an exciting time within the company's growth trajectory,” said Peter Cannito, Redwire Chairman and CEO. “His experience will be invaluable, and I look forward to working with him and the Board as we position Redwire to deliver even more critical capabilities for U.S. warfighters.”

Prior to his tenure at the Air Force, Calvelli served for eight years as the Principal Deputy Director of the National Reconnaissance Office. Overall, he has more than 36 years of experience in national security space acquisitions.

Calvelli earned a bachelor’s degree in computer and information sciences from the State University of New York at Potsdam and an MBA from Loyola College in Baltimore, Maryland.

About Redwire

Redwire Corporation (NYSE:RDW) is an integrated space and defense tech company focused on advanced technologies. We are building the future of aerospace infrastructure, autonomous systems, and multi-domain operations leveraging digital engineering and AI automation. Redwire’s approximately 1,400 employees located throughout North America and Europe are committed to delivering innovative space and airborne platforms transforming the future of multi-domain operations. For more information, please visit RDW.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260317131274/en/

Media Contact:
Tere Riley
Tere.Riley@rdw.com

OR

Investors:
Investorrelations@rdw.com

FAQ**

How might Frank Calvelli's extensive experience in national security space acquisitions influence strategic decisions at Redwire Corporation (NYSE: RDW)?

Frank Calvelli's extensive experience in national security space acquisitions may enhance Redwire Corporation's strategic decisions by leveraging his expertise to strengthen partnerships, drive innovation, and navigate regulatory landscapes in the evolving aerospace sector.

What specific growth initiatives are planned under Redwire Corporation RDW with the addition of Frank Calvelli to the Board of Directors?

Redwire Corporation plans to leverage Frank Calvelli's aerospace expertise to enhance its strategic growth initiatives in space infrastructure and satellite technology, focusing on expanding partnerships and advancing innovative solutions in the space economy.

In what ways does Redwire Corporation RDW intend to leverage Calvelli's experience to enhance collaboration within the Department of Defense?

Redwire Corporation plans to leverage Calvelli's extensive experience to enhance collaboration within the Department of Defense by fostering strategic partnerships, driving innovation in space capabilities, and aligning their objectives with national defense priorities.

What are the anticipated impacts on Redwire Corporation RDW's product development timelines with Frank Calvelli's focus on speeding up military space capabilities?

Frank Calvelli's emphasis on accelerating military space capabilities is expected to expedite Redwire Corporation's product development timelines, enhancing their competitiveness and responsiveness in the rapidly evolving defense and space sectors.

**MWN-AI FAQ is based on asking OpenAI questions about Redwire Corporation (NYSE: RDW).

Redwire Corporation

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