Firehawk Defense Secures $150 Million Funding Amid Growing Defense Tech Activity
Defense startup Firehawk Defense has announced a $150 million funding round, aiming to become the largest U.S. producer of artillery motors by late 2027. The Dallas-based company plans to scale production to over 100,000 units next year, utilizing the capital to expand its Great Plains Arsenal in Oklahoma and an integration facility in Mississippi. The broader defense technology sector shows significant momentum, with Hex raising $100 million in Series D funding to reach a $1.2 billion valuation following record revenue growth. Additionally, BigBear.ai (BBAI) has raised its full-year 2026 revenue guidance to between $150 million and $165 million after reporting 31% year-over-year growth.
Topics: Company Valuation Defense Technology Earnings Guidance Series D Funding
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Part of the story Firehawk Defense Secures $150 Million Funding Amid Growing Defense Tech Activity (3 articles)