On June 12, Firefly Aerospace rose 5.03% in after-hours trading, trading at $41.85/share, with turnover of $12.35 million. The stock continued its recovery trajectory driven by aerospace sector rebound sentiment and ongoing military contract catalysts.

On the news front, the company's subsidiary SciTec recently secured a $5.5 million contract option from the U.S. Air Force to provide operational data fusion services for its cloud-based command and control system. The contract represents a continuation of a prior $24 million advanced battlefield management system agreement, bolstering market confidence in the company's defense revenue pipeline.

The stock had previously declined sharply from its $48/share public offering price due to dilution pressure from a 12 million share issuance combined with the Blue Origin New Glenn rocket explosion incident that weighed on broader aerospace sentiment. Within the Aerospace and Defense sector, peers Redwire rose 8.95% and Rocket Lab gained 3.46%, reflecting continued oversold rebound momentum across the sector that supported individual stock recovery.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)