Firefly Aerospace Stock: Order Backlog Reaches 1.5 Billion Dollars - Börse Express
Article excerpt
The US aerospace company Firefly Aerospace presented its financial results for the second quarter of 2026 yesterday after market close, reporting a new revenue record. With revenues of 117.7 million US dollars, the company significantly exceeded its own expectations. This growth was primarily driven by strong demand in the launch vehicle sector and new government contracts. The stock closed yesterday, Tuesday, at 22.96 euros, recording a gain of 2.91%. The reported revenue of 117.7 million US dollars represents an increase of 45.5% compared to the previous quarter. The company also reaffirmed its full-year 2026 forecast and continues to expect annual revenue between 420 million and 450 million US dollars. A key pillar for future development is the order backlog, which, according to company information, has reached a new high of 1.5 billion US dollars.Parallel to the increase in revenue, Firefly Aerospace invested heavily in the further development of its technology. Research and development expenses increased by 25.8 million US dollars in the second quarter compared to the same period last year. These investments primarily flow into the optimization of the Alpha launch vehicle and into new propulsion systems.Since the beginning of the year, the stock has gained a total of 12.77% in a volatile market environment.In addition to the quarterly figures, Firefly Aerospace...
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In addition to the quarterly figures, Firefly Aerospace announced a significant expansion of its collaboration with Lockheed Martin.
