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FireFly Aerospace (NASDAQ:FLY): Disrupting the Space Market with Launch, Lunar, and in-space services. Jun 15, 2026 Market News FMPFireFly Aerospace (NASDAQ:FLY): Disrupting the Space Market with Launch, Lunar,... * Analyst Upgrade: KeyBanc upgraded FireFly Aerospace (NASDAQ:FLY) to an Overweight rating with a $50.00 price target, suggesting a 56.89% upside from its $31.87 stock price. * Key Contracts Secured: Firefly secured a $75 million NASA "MoonFall" contract and a $5.5 million U.S. Air Force contract option, showcasing its advanced capabilities and revenue diversification. * Market Volatility: Despite positive news, Firefly's stock exhibits significant volatility, with a recent 19.05% daily decrease and a 52-week range of $16.00 to $73.80, alongside a market capitalization of approximately $5.23 billion. FireFly Aerospace (NASDAQ:FLY) is a space company focused on disrupting the market with its launch, lunar, and in-space services. As highlighted by The Motley Fool, it presents a high-growth but higher-risk profile for investors compared to more stable military contractors like Leonardo DRS (NASDAQ: DRS), as it aims for significant technological innovation. On June 15, 2026, KeyBanc upgraded FLY to an Overweight rating from Sector Weight. The firm set a new price target of $50.00. At the time, the stock's price was $31.87, which represents a potential upside of 56.89% for investors based on the analyst's projection. This positive outlook is supported by recent contracts. NASA awarded Firefly a $75 million contract for its "MoonFall" project. The mission will use Firefly's Elytra Dark spacecraft to deliver drones to the Moon, showcasing the company's advanced capabilities and its role as a key partner for space exploration. Additionally, the company's subsidiary, SciTec, secured a $5.5 million contract option from the U.S. Air Force, as reported by GlobeNewswire. This contract is for an operational data fusion system, which integrates various data feeds to improve military command and control capabilities, further diversifying its revenue streams. Despite these developments, FLY's stock shows significant volatility. It recently traded at $31.87, a decrease of 19.05% for the day. The stock's 52-week range is between $16.00 and $73.80, reflecting its dynamic nature in the market. The company has a market capitalization of approximately $5.23 billion. Contributor, Financial Modeling Prep Gordon Thompson writes for the Financial Modeling Prep Insights desk, covering financial data, signals, and developer workflows powered by the FMP API. Financial data for every need. Real-time quotes and 30+ years of historical data, including prices, fundamentals, and insider transactions - all accessible via API. Stock Screener 2017-2026 (C) Financial Modeling Prep

SciTec, a Firefly Aerospace subsidiary, has been awarded a $5.5 million contract option by the US Air Force to deliver an operational data fusion system for the Cloud-Based Command and Control programme. The award is part of an initial $24 million contract from 2024 under the Advanced Battle Management System indefinite delivery/indefinite quantity contract. SciTec's cloud-based system ingests military and civilian data feeds to enhance command-and-control capabilities. The system was selected following a multi-year competition against multiple industry and government alternatives. The CBC2 programme supports homeland defence missions by providing situational awareness for NORAD, US Northern Command and Pacific Air Forces. SciTec, headquartered in Princeton, New Jersey, specialises in AI-enabled defence software and has over four decades of experience supporting national security missions.

Firefly subsidiary SciTec awarded U.S. Air Force contract option to deliver data fusion capabilities for Advanced Battle Management System. SciTec's cloud-based data fusion system supports homeland defense for NORAD, USNORTHCOM, and PACAF Boulder, Colo., June 2, 2026 - SciTec, a Firefly Aerospace (Nasdaq: FLY) company, has been selected by the U.S. Department of the Air Force (DAF) Command, Control, Communications, and Battle Management (PAE C3BM) to deliver the operational data fusion system for the U.S. Air Force's Cloud-Based Command and Control (CBC2) program. The $5.5 million option was executed as part of an initial $24 million award in 2024 under the Advanced Battle Management System (ABMS) indefinite delivery/indefinite quantity (IDIQ) contract. As part of the initial contract, SciTec participated in a multi-year competition wherein SciTec's data fusion system was evaluated and selected from among multiple industry and government-owned alternatives. SciTec's cloud-based data fusion system ingests military and civilian data feeds and fuses them with additional sources for enhanced command-and-control warfighting capabilities. "I am incredibly proud of the dedication our team has shown in reaching this milestone," said Stephen Purcell, Director of SciTec's All Domain Solutions portfolio. "Supporting the CBC2 mission is a responsibility of the highest order. We understand the complexity of the challenge and the vital importance of providing our warfighters with a clear, unified picture of the battlespace. We look forward to continuing our deep and productive engagement with the DAF PAE C3BM team as we work together to deliver the resilient, high-speed decision advantage necessary for modern homeland defense." CBC2 is a major component of the DAF Battle Network, which is the DAF contribution to Combined Joint All-Domain Command and Control (CJADC2) warfighting system. The CBC2 battle management system supports the Homeland Defense mission by providing situational awareness for North American Aerospace Defense Command (NORAD), United States Northern Command (USNORTHCOM), and Pacific Air Forces (PACAF). "CBC2 represents a leap forward in quickly integrating and continuously delivering new battle management software tools into the hands of NORAD and USNORTHCOM as well as PACAF warfighters," said now Lt. Gen. Luke Cropsey, Military Deputy, Office of the Assistant Secretary of the Air Force for Acquisition, Technology and Logistics, in his prior role as DAF C3BM program executive officer. "The program is using modern agile software methodologies to revolutionize how the DAF approaches battle management in the future." About SciTec, Inc. SciTec, a wholly owned subsidiary of Firefly Aerospace, is a leader in advanced defense technologies, delivering the speed and innovation needed to outpace today's threats. Headquartered in Princeton, N.J., SciTec has more than four decades of experience supporting high-stakes national security missions with AI-enabled defense software and cloud-based, on-premise, and edge processing. SciTec's industry-leading software and big data processing capabilities are proven in operations for missile warning and defense; intelligence, surveillance and reconnaissance; space domain awareness; remote sensing and analysis; and autonomous command and control. For more information, visit www.scitec.com. About Firefly Aerospace Firefly Aerospace is a space and defense technology company on a mission to reliably and repeatedly launch, land, and operate space systems from Earth to the Moon and beyond. As the partner of choice for responsive space missions, Firefly is the first commercial company to launch a satellite to orbit with approximately 24-hour notice and the first to achieve a successful landing on the Moon. Established in 2017, Firefly's engineering, manufacturing, and test facilities are co-located in central Texas to enable rapid innovation and vertical integration for the company's small- to medium-lift launch vehicles, lunar landers, and orbital vehicles. For more information, visit www.fireflyspace.com. Forward-Looking Statements This press release contains "forward-looking statements" including, but not limited to, statements regarding the CBC2 program, SciTec's data fusion system, SciTec's participation in the CBC2 program, and our future expectations, beliefs, plans, objectives, financial conditions, assumptions, future events, or performance that are not historical facts. In some cases, you can identify forward-looking statements because they contain words such as "may," "will," "expects," "plans," "anticipates," "could," "would," "intends," "believes." There may also be negative words or other similar terms or expressions that concern its expectations, strategy, plans, or intentions. Not all forward-looking statements contain such identifying words. The inclusion of forward-looking statements should not be regarded as a representation that such plans, estimates, or expectations will be achieved. Various risks that could cause actual results to differ from those expressed by the forward-looking statements included in this press release include, but are not limited to: its failure to manage its growth effectively, including the increasing technological complexity of its business, and its ability to achieve and maintain profitability; the potential for delayed or failed launches, and any failure of its launch vehicles and spacecraft to operate as intended; its inability to deliver software on time or of a quality that its customers demand; the hazards and operational risks that its products and service offerings are exposed to, including the wide and unique range of risks due to the unpredictability of space; the inability to realize its backlog; the fluctuation of its operating results; adverse publicity stemming from any incident involving Firefly Aerospace Inc., its competitors, or its customers; the failure to adequately protect its proprietary intellectual property rights; its inability to comply with its contractual obligations; and other risk factors set forth in its filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on the forward-looking statements contained herein, which speak only as of the date hereof. These statements are based on management's current expectations, assumptions, and beliefs concerning future developments, which are inherently subject to uncertainties, risks, and changes in circumstances that are difficult to predict. Firefly Aerospace Inc. cannot assure you that the events reflected in the forward-looking statements will occur; actual events could differ materially from those described in the forward-looking statements. Firefly Aerospace Inc. undertake no intent or obligation to publicly update or revise any of the estimates and other forward-looking statements made in this announcement, whether as a result of new information, future events or otherwise, except as required by law. Media Contacts [email protected]