Firefly Aerospace: Shares Have Yet To Price In Growth

Firefly Aerospace is positioned for significant growth via defense and lunar operations, with a Strong Buy rating and a $56/share price target. FLY's acquisition of SciTec enhances its missile detection and analytics capabilities, strengthening its role in the Golden Dome and FORGE defense programs. Revenue acceleration is expected from increased defense demand and lunar lander production, with profitability projected on an adjusted basis by eFY28.