Firefly Aerospace (FLY) is Skyrocketing by This Much — What’s Next For The Stock?

Firefly Aerospace Inc. (NASDAQ:FLY) is one of the 10 Stocks With Easy 15-38% Gains.

Firefly Aerospace rallied for a second day on Monday, jumping 17.10 percent to finish at $24.31 apiece after it was chosen by the National Aeronautics and Space Administration (NASA) as one of its contractors for its Commercial Lunar Payload Services 2 (CLPS 2) program, while investors positioned portfolios ahead of its earnings release.

In an updated report over the weekend, the listed firm said that it was selected anew as one of NASA’s vendors to support its $10 billion CLPS 2 program, under which it will deliver task orders to support the agency’s scientific, exploration, and infrastructure objectives on the lunar surface over a 10-year ordering period.

Photo by Alesia Kozik on Pexels

Designed to increase the cadence of commercial deliveries to the Moon, NASA’s CLPS 2 initiative is leveraging CLPS 1 successes with an emphasis on lander reliability, larger cargo landers, and the delivery of critical infrastructure required to establish and sustain a permanent Moon Base.

Firefly Aerospace Inc.’s new award followed its successful delivery of services in March 2025 via the Blue Ghost Mission 1 that successfully landed on the Moon.

“Blue Ghost Mission 1 proved Firefly can deliver on the Moon, and now CLPS 2 gives us the opportunity to do it again and again at greater scale,” Firefly Aerospace Inc. CEO Jason Kim said.

The company is also ramping up the production of its Blue Ghost landers and Elytra orbiters in support of the service delivery.

In other news, the listed firm is set to announce the results of its earnings performance for the third quarter of the year after market close tomorrow, November 10. A conference call will be held to elaborate on the results.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years

Follow Insider Monkey on Google News.