Redwire Corporation (RDW) Announces Planned Board Refreshment

Redwire Corporation (NYSE:RDW) is among the 9 Defense Stocks That Will Skyrocket. On October 7, the company announced a planned refreshment of its Board of Directors.

Redwire Corporation (RDW) Announces Planned Board Refreshment

The Board has appointed Dorothy D. Hayes and General (Ret.) James McConville as new independent directors. John S. Bolton and Jonathan Baliff, who joined the Board under Redwire Corporation (NYSE:RDW)’s combination with Genesis Park Acquisition Corp. have stepped down from their positions. The changes were effective immediately.

Dorothy D. Hayes has extensive experience as a board member and financial executive. She was formerly an executive at Agilent Technologies, Apollo Computer, Hewlett-Packard, and Intuit. Moreover, Hayes also currently serves on the board of BigBear.ai, heading the Audit Committee.

General (Ret.) McConville served as the 40th Chief of Staff of the U.S. Army. He also had the honor of being the longest-serving commander of the 101st Airborne Division (AASLT). Currently, he is a Senior Fellow at the Belfer Center at Harvard University and an operating partner at AE Industrial Partners.

Redwire Corporation (NYSE:RDW) is a global space and defense technology company that provides critical space infrastructure and advanced technologies for government and commercial users.

While we acknowledge the risk and potential of RDW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than RDW and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 11 Best Military Drone Stocks to Buy According to Hedge Funds and 10 Best Money Making Stocks to Invest In 

Disclosure: None.