Firefly Aerospace Plans $855M Acquisition of SciTec Enhancing Defense Capabilities

Firefly Aerospace announced its plan to acquire defense-analytics firm SciTec, Inc. for approximately $855 million, consisting of $300 million in cash and $555 million in Firefly shares. The acquisition, expected to close by the end of 2025 pending regulatory approvals, aims to enhance Firefly's space services by integrating SciTec's expertise in missile warning, tracking, defense, intelligence, surveillance, reconnaissance, and autonomous command and control. SciTec will operate as a Firefly subsidiary under its current CEO, Jim Lisowski, reporting to Firefly CEO Jason Kim. This strategic move strengthens Firefly's position in aerospace and defense, supporting national security missions including President Trump's Golden Dome missile defense initiative. Despite recent setbacks such as a rocket test failure, Firefly's stock rose following the announcement, reflecting investor confidence in the company's expanded capabilities and future government contract opportunities. The acquisition aligns with Firefly's goal to deliver integrated, software-defined solutions for critical defense imperatives.