Firefly leans into its defense ambitions with $855M SciTec acquisition to boost its national security role.
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Firefly’s $855M SciTec Defense Deal Firefly Leans Into Its Defense Ambitions With $855M SciTec Acquisition Firefly Aerospace is making a bold move to expand its defense footprint. Firefly leans into its defense ambitions with $855M SciTec acquisition , a strategic step that cements its role as a growing force in national security and space defense innovation. Image : Google The company announced on Sunday that it will acquire defense analytics firm SciTec in a deal worth approximately $855 million in cash and stock . The acquisition will include about $300 million in cash and $555 million in newly issued Firefly shares , with the transaction expected to close by the end of 2025. A Strategic Move Into National Security With this acquisition, Firefly is signaling a major strategic shift. The company, previously known for its launch and spacecraft manufacturing , is now positioning itself as a vertically integrated defense contractor . The timing couldn’t be better. Following its IPO just two months ago — which valued the company at …
