Firefly Aerospace Awarded Multi-Launch Agreement With L3Harris; Firefly's Alpha Vehicle Will Provide Three Dedicated Launches In Support Of Co's Space Business
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Firefly Aerospace has signed a multi-launch agreement with L3Harris Technologies (NYSE:LHX) for three dedicated launches on Firefly's Alpha vehicle in 2026. The agreement positions Firefly as a leader in small-lift launch services and supports the growing needs of government and commercial customers. Firefly will provide rapid launch capabilities for L3Harris to achieve direct access to low Earth orbit at a lower cost.
September 05, 2023 | 1:04 pm
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L3Harris Technologies has entered into a multi-launch agreement with Firefly Aerospace, which will provide rapid launch capabilities for L3Harris at a lower cost.
The agreement with Firefly Aerospace allows L3Harris to achieve direct access to low Earth orbit at a lower cost, which could potentially increase the company's profitability and competitiveness in the space industry. This could have a positive impact on the company's stock price in the short term.
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