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

Firefly Aerospace Inc. (NASDAQ:FLY) is one of the fastest-growing space stocks to buy now. On May 26, Firefly said it won a $75 million subcontract from NASA’s JPL to deliver four drones to the Moon’s south pole for the MoonFall mission, targeted for launch no earlier than 2028. The award fits the growth theme because it adds another funded lunar mission to Firefly’s spacecraft backlog and extends the role of its Elytra vehicle beyond transport into deployment support for NASA’s Moon Base initiative.

The update also connects with the company’s first-quarter growth. On May 4, Firefly reported Q1 2026 revenue of $80.9 million, up about 45% from $55.9 million a year earlier, while reaffirming full-year revenue guidance of $420 million to $450 million. The quarter included progress across Blue Ghost lunar missions, Alpha Flight 7, and national-security programs, showing why Firefly’s growth story is spread across lunar infrastructure, launch, and space-defense work rather than a single project.

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

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Firefly Aerospace Inc. (NASDAQ:FLY) is a space and defense technology company that provides launch vehicles, lunar landers, orbital vehicles, and related space systems for government and commercial customers.

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