Firehawk Defense Raises $150 Million to Scale Artillery Motor Output
Firehawk Defense has announced a $150 million funding round, and the Dallas-based startup says it expects to become the largest producer of artillery motors in the U.S. by the end of 2027. The news appeared in the New York Stock Exchange's pre-market update for October 28, 2026.
- Firehawk Defense announced a $150 million funding round, per the NYSE pre-market update of Oct. 28, 2026.
- The Dallas-based startup expects to become the largest U.S. producer of artillery motors by the end of 2027.
- Firehawk plans to produce over 100,000 artillery motors next year.
- Funds will expand the Great Plains Arsenal in Oklahoma and an integration facility in Mississippi.
- The NYSE headline cites a valuation above $1.4 billion.
Funding to expand production sites
According to the NYSE's daily pre-market advisory, Firehawk Defense announced its latest funding round on Oct. 27. The round totals $150 million. The headline of the NYSE update says the company has topped a $1.4 billion valuation, though the text of the release gives no further detail on how that figure was reached.
The company says it will use the money to expand two sites: its Great Plains Arsenal in Oklahoma and an integration facility in Mississippi. The source does not give investor names, the size of the expansion or a construction timeline.
Targets for artillery motor output
Firehawk describes itself as a Dallas-based startup. It says it expects to become the largest producer of artillery motors in the U.S. by the end of 2027. It also plans to produce over 100,000 artillery motors next year.
These are the company's own projections, as relayed in the NYSE update. The source does not say how many motors Firehawk makes today or how its planned output compares with that of other producers.
Other items in the NYSE update
The Firehawk news was one of several items in the pre-market briefing, which Kristen Scholer delivered on October 28. Among the others:
- Hex raised a $100 million Series D and boosted its valuation to $1.2 billion. It also introduced Hex 4.0, which it says is a from-scratch rewrite for the era of agents. Hex says it is coming off the best revenue quarter in its history. Founder and CEO Barry McCardel is due to join NYSE Live.
- BigBear.ai, described as a defense tech company, was set to report Q3 earnings after Tuesday's market close. It posted 31% year over year revenue growth and raised its full-year 2026 revenue guidance to a range of $150 million to $165 million. CEO Kevin McAleenan is due to join NYSE Live.
- Blackstone Secured Lending (NYSE: BXSL) celebrated its 5th anniversary at the opening bell, and Haymaker Acquisition V (NYSE: HYAC U) celebrated its NYSE listing at the closing bell.
What it means
The round shows continued investor funding for companies that build munitions components in the U.S. Firehawk's stated plan ties the new capital directly to physical capacity, with expansion in Oklahoma and Mississippi. Whether the company reaches its 2027 goal will depend on execution that the source does not describe. The NYSE update is a short market briefing, so details on terms, investors and production history are not included.
PR Newswire: Firehawk Defense Tops $1.4 Billion Valuation: NYSE Content Update
