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Firehawk Defense Valued at 1.4 Billion in Funding

Defense startup Firehawk Defense secured a 150 million dollar financing round valuing the firm at 1.4 billion dollars. The company plans to expand manufacturing capacity to challenge legacy munitions suppliers.

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Firehawk Defense secured a valuation exceeding $1.4 billion in a $150 million financing round on Wednesday. The Dallas-based startup challenges a defense industrial base dominated by legacy contractors in the United States. Private equity seeks to profit from shortages in tactical munitions.