60% stock rally after billion-dollar contract – Firefly Aerospace now reports a record order backlog of $1.7 billion!
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After a $1.3 billion contract with AST SpaceMobile and new NASA opportunities, the stock surged 60% in two trading days. Up to ten new rocket launches for Japan and an expanded Lockheed agreement are driving production expansion. In Q3, revenue jumped 259% to $110.7 million. The order backlog reached $1.7 billion. Firefly Aerospace (FLY) builds rockets, lunar landers, and military space technology. Following the AST billion-dollar contract and new NASA opportunities, the stock temporarily gained about 60% since November 6. The latest figures...
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