Similar to existing rocket artillery, the GMARS has a shoot-and-scoot capability, meaning that it can fire its payload and move before it can be tracked by enemy counter-artillery systems.

Firefly Aerospace jumped following its Thursday IPO. Rocket Lab, Kratos Defense look to decline after earnings results.

Shares in Firefly Aerospace are up 45% in their public debut, marking the next evolution for a company that survived bankruptcy and turmoil to develop its own fleet of rockets and successfully land a ...