Firefly Aerospace Inc. (FLY) Strengthens Portfolio with $855M Acquisition of SciTec

Firefly Aerospace Inc. (NASDAQ:FLY) is among the 9 Defense Stocks That Will Skyrocket. On October 5, the space tech firm further strengthened its portfolio, with the announcement to acquire national security technology company, SciTec Inc., for about $855 million.

The transaction will be funded through a combination of $555 million in Firefly shares and $300 million in cash. The acquisition is expected to close at the end of 2025.

The takeover comes just months after Firefly Aerospace Inc.’s (NASDAQ:FLY) Nasdaq debut in August, in which its shares surged 55.6% to achieve a valuation of $9.84 billion and marked the largest U.S. listing in 2025 by a space tech company.

The acquisition of SciTec is set to bolster Firefly Aerospace Inc.’s (NASDAQ:FLY) space services through the integration of the former’s defense software analytics into its systems. The move is also expected to enhance its existing launch, lunar, and in-space offerings, given SciTec’s core capabilities in missile warning, ISR, tracking and defense, space domain awareness, and other elements.

Firefly Aerospace Inc. (NASDAQ:FLY) is a space and defense technology company, providing mission solutions for government and commercial customers.

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