How Firefly Aerospace (FLY) Is Turning Lunar and Defense Programs Into a Broader Growth Base

1 hour ago 1

Habib Ur Rehman

Fri, June 19, 2026 astatine 12:18 PM CDT 1 min read

Firefly Aerospace Inc. (NASDAQ:FLY) is 1 of the fastest-growing abstraction stocks to bargain now. On May 26, Firefly said it won a $75 cardinal subcontract from NASA's JPL to present 4 drones to the Moon's southbound rod for the MoonFall mission, targeted for motorboat nary earlier than 2028. The grant fits the maturation taxable due to the fact that it adds different funded lunar ngo to Firefly's spacecraft backlog and extends the relation of its Elytra conveyance beyond transport into deployment enactment for NASA's Moon Base initiative.

The update besides connects with the company's first-quarter growth. On May 4, Firefly reported Q1 2026 gross of $80.9 million, up astir 45% from $55.9 cardinal a twelvemonth earlier, portion reaffirming full-year gross guidance of $420 cardinal to $450 million. The 4th included advancement crossed Blue Ghost lunar missions, Alpha Flight 7, and national-security programs, showing wherefore Firefly's maturation communicative is dispersed crossed lunar infrastructure, launch, and space-defense enactment alternatively than a azygous project.

How Firefly Aerospace (FLY) Is Turning Lunar and Defense Programs Into a Broader Growth Base

rommma/Shutterstock.com

Firefly Aerospace Inc. (NASDAQ:FLY) is simply a abstraction and defence exertion institution that provides motorboat vehicles, lunar landers, orbital vehicles, and related abstraction systems for authorities and commercialized customers.

While we admit the imaginable of FLY arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 33 Stocks That Should Double successful 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.

Disclosure: None. Follow Insider Monkey connected Google News.

Read Entire Article