Redwire, Rocket Lab, Firefly Split a $981 Million Space Force Pie
Redwire, Rocket Lab and Firefly won spots on the Space Force’s $981M NITE-STAR contract for test and training tools through 2036.
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https://www.l3harris.com/newsroom/press-release/2026/09/l3harris-advances-production-proximity-sensors-us-air-force
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Redwire, Rocket Lab and Firefly won spots on the Space Force’s $981M NITE-STAR contract for test and training tools through 2036.
Bernstein analyst Douglas Harned maintains L3Harris Technologies (NYSE:LHX) with a Outperform and lowers the price target from $365 to $346.
GE Aerospace and Joby Aviation represent two contrasting investment approaches in aviation: GE is an established, profitable aerospace leader generating $7.3B in free cash flow with a 19% net margin, while Joby is a speculative early-stage electric air-taxi company burning $564M annually while awaiting FAA certification. The article recommends GE for proven returns and stability, while suggesting Joby only as a small speculative position in a diversified portfolio.
https://www.l3harris.com/newsroom/press-release/2026/09/us-navy-awards-l3harris-imaging-contract-undersea-superiority