Firefly Aerospace Announces Acquisition of SciTec for $855 Million

Summary

Firefly Aerospace Inc. has entered into an agreement to acquire SciTec, Inc., a leader in advanced national security technologies, for approximately $855 million in cash and stock. This acquisition will enhance Firefly's capabilities in responsive launch, land, and orbit mission services for space and defense customers. The deal is expected to close by the end of 2025, subject to regulatory approvals and customary conditions.