# Firehawk raises more than $150 million to expand rocket propulsion production The Series D will support manufacturing expansion in Oklahoma and Mississippi, with the Lawton propellant plant expected to commission in early 2027. Published 2026-10-29 by TGOs. Canonical: https://tgos.io/news/2026/10/29/firehawk-raises-more-than-150-million-to-expand-rocket/ Firehawk Defense raised more than $150 million in a Series D co-led by Rochefort Asset Management and Advent International, Rochefort announced Oct. 29.[1] The Dallas company produces solid rocket motor propellant and Hydra-70 rocket motors and is developing 155mm artillery base bleed motors.[1] Rochefort said the proceeds will fund continued expansion of Firehawk's Lawton, Oklahoma, production facility and Crawford, Mississippi, missile integration facility, and accelerate production for U.S. and allied customers.[1] Firehawk Chief Executive Officer Will Edwards described the financing as a transition from proving the company's technology to producing it at scale.[1] The investment follows a senior secured loan Rochefort provided in April 2026.[1] Defense One reported that the round valued Firehawk at more than $1.4 billion.[2] Firehawk holds a U.S. Air Force solid rocket motor development contract.[1] Rochefort reported that Firehawk completed a Hydra-70 live-fire test in August 2026 following a U.S. Army Other Transaction Authority award.[1] The announcement gave no dollar values or unit quantities for either agreement.[1] A teaming arrangement with General Dynamics Ordnance and Tactical Systems positions Firehawk to supply base bleed motors for international demand, with a parallel path to U.S. qualification, Rochefort said.[1] ## Why it matters The financing supports facilities at different stages: Crawford is operational and integrating Hydra-70 rockets, while Rochefort said the Lawton propellant plant is expected to commission in early 2027.[1] The plant is expected to produce 740,000 pounds of thermoplastic propellant annually, with installed capacity scalable to more than 3.1 million pounds.[1] ## Sources 1. Rochefort Asset Management release, PR Newswire, Oct. 29, 2026 2. Defense Business Brief, Defense One, Oct. 29, 2026