Redhood has a gun. Bullets move at 750 miles per hour and last time I checked Nightwing doesn't have super speed :).
He obviously does have superhuman speed.
This is a fight that can go either way, and it really depends on Jasons mood. Pre-Flashpoint would have blown the crap outta Grayson by setting up bombs with the prep. New 52 Jason could easily get his hands on OP alien tech with prep.