2 minute read | October.30.2026
Firehawk Defense, a defense technology leader specializing in advanced energetics and propulsion, announced the closing of an upsized and oversubscribed Series D financing, with more than $150 million raised at a more than $1.4 billion valuation, led by Advent and Rochefort Asset Management.
Orrick represented Firehawk in the transaction.
Firehawk Defense is the propulsion company built for the age of volume. They engineer past the material and manufacturing limits of legacy propulsion, replacing traditional cast-and-cure processes with a continuous thermoplastic manufacturing platform, then scale that advantage from propellant to motors to complete rounds. The company is headquartered in Dallas, Texas with a 320-acre propellant and motor production facility in Lawton, Oklahoma, and a DCMA-rated rocket system integration facility in Mississippi.
The new capital will fund the continued build-out of Firehawk’s patented propulsion manufacturing, including its production facility in Lawton, Oklahoma and its missile integration facility in Crawford, Mississippi, and will help accelerate the scale-up of the company’s production of artillery motors, solid rocket motors, energetics and propellant. These funds will also drive Firehawk’s development of additional research and development sites and support expanded headcount.
“This financing lets us turn a manufacturing breakthrough into production capacity the warfighter can count on,” said Will Edwards, CEO and Founder of Firehawk. “It funds the next phase of production at volume. We are on a mission to make American strength inexhaustible and we’re proud to have this continued vote of confidence as we do it.”
Orrick’s Montana Ware led the team advising Firehawk, which also included Drew Kohlmeier, Daniel Garber, Daniel Scott, Erica Kaiser, Harry Clark and Jeanine McGuinness.