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Firehawk Defense raises $150M to expand artillery motor production, aiming for US leadership by 2027

28 Oct 2026, 15:55 WIB
PRNewsWire
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Bullish
Firehawk Defense raises $150M to expand artillery motor production, aiming for US leadership by 2027

Firehawk Defense secured $150 million in funding to expand its artillery motor production facilities in Oklahoma and Mississippi, targeting to become the largest US producer by the end of 2027 with over 100,000 units planned for next year. Meanwhile, Hex raised $100 million in Series D funding, boosting its valuation to $1.2 billion and launching Hex 4.0, a new platform iteration. BigBear.ai reported strong Q3 results with 31% revenue growth and raised its 2026 revenue guidance to $150-$165 million. These developments highlight significant growth and investment in defense tech and software sectors ahead of upcoming earnings and market activities.

Firehawk Defense valuation news provides context for Industrials sector trends on Pluang. As of Oct 28, 2026 19:11 WIB, 73 of 135 Industrials stocks rose while 58 fell. Notable movers include TE at USD 2.56 (+4.07%, 79% Buy), MTZ at USD 183.50 (+3.97%, 100% Buy), and PWR at USD 601.52 (+3.92%, 100% Buy).

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