The commercial space race is intensifying as private companies compete for government and national security contracts.
3x, a measure of total debt relative to shareholders' equity that indicates financial leverage.
8 million, defined as cash from operations minus capital spending, reflecting the significant infrastructure costs of its launch sites.
Firefly's growth looks more impressive, but its total revenue is about a third of Rocket Lab's, so context matters here.
Firefly Aerospace is carving out a specialized niche in the defense stocks aren.