Firehawk Raises $150 Million-Plus To Build Out Rocket Motor And Missile Integration Plants
Firehawk Defense raised more than $150 million in an oversubscribed Series D round led by Advent International and Rochefort Asset Management, valuing the company above $1.4 billion. The funding will expand its Great Plains Arsenal propellant and tactical rocket-motor campus in Lawton, Oklahoma, and a separate missile-integration facility in Mississippi. Firehawk uses a continuous thermoplastic process to manufacture motor propellant, seeking shorter production cycles and increased output of artillery and solid rocket motors. Announced on October 28, the financing supports manufacturing expansion rather than a government procurement award, with production-growth targets dependent on completing facilities and scaling operations.