Rochefort Asset Management and Advent International Co-Lead $150 Million Series D for Firehawk Defense
Rochefort Asset Management and Advent International have co-led a Series D financing round exceeding $150 million for Firehawk Defense, a vertically integrated propulsion and energetics manufacturer. The funding aims to scale domestic production of solid rocket motor propellant, Hydra-70 rocket motors, and 155mm artillery base bleed motors using the company's proprietary continuous thermoplastic manufacturing process. The investment will fund facility expansions in Lawton, Oklahoma, and Crawford, Mississippi, to meet surging global demand for long-range fires caused by munitions depletion in Ukraine and the Middle East. Firehawk is also leveraging a teaming arrangement with General Dynamics Ordnance and Tactical Systems to supply base bleed motors to international markets while pursuing U.S. qualification.
Tickers: $GD
Topics: Defense industry investment Military procurement Propulsion manufacturing Series D financing