Firefly Aerospace Enters National Security Market with Acquisition of SciTec

Firefly Aerospace has entered into a definitive agreement to acquire SciTec, a leader in advanced national security technologies, for approximately $855 million. SciTec’s mission-proven software and big data processing capabilities will supplement Firefly’s launch, lunar, and in-space services. The acquisition is expected to close by year end 2025, subject to regulatory approvals and customary conditions. Firefly will operate SciTec as a subsidiary under its current business model. The acquisition was first reported by Firefly Aerospace.