1. Firefly Aerospace has agreed to acquire defense analytics firm SciTec for approximately $855 million.
- The deal includes $300 million in cash and $555 million in new shares.
- The acquisition is expected to close by the end of 2025.
2. SciTec specializes in missile-warning systems, space domain awareness tools, and analytics, serving defense and intelligence clients.
- They recently received a $259 million contract from Space Force for developing a ground system for missile-detection satellites.
- Their annual revenue as of June 2025 was reported at $164 million.
3. The acquisition is part of Firefly's strategy to transition from being a launch-and-spacecraft manufacturer into a vertically integrated defense contractor.
- Post-acquisition, SciTec will operate as a subsidiary of Firefly and be led by its current CEO, Jim Lisowski.
- The move aims to cater to the growing demand for commercial partners in missile tracking and early-warning systems, particularly for the Pentagon's "Golden Dome" missile-defense program.
- The deal includes $300 million in cash and $555 million in new shares.
- The acquisition is expected to close by the end of 2025.
2. SciTec specializes in missile-warning systems, space domain awareness tools, and analytics, serving defense and intelligence clients.
- They recently received a $259 million contract from Space Force for developing a ground system for missile-detection satellites.
- Their annual revenue as of June 2025 was reported at $164 million.
3. The acquisition is part of Firefly's strategy to transition from being a launch-and-spacecraft manufacturer into a vertically integrated defense contractor.
- Post-acquisition, SciTec will operate as a subsidiary of Firefly and be led by its current CEO, Jim Lisowski.
- The move aims to cater to the growing demand for commercial partners in missile tracking and early-warning systems, particularly for the Pentagon's "Golden Dome" missile-defense program.
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Summary
Firefly Aerospace to acquire SciTec, a defense analytics firm specializing in missile-warning systems and space domain awareness tools, for $855 million. The deal involves $300 million cash and $555 million in new shares. SciTec reported an annual revenue of $164 million as of June 2025. The
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ID: 5a6e9ea0-eae3-4c0e-a448-c25c6316a81c
Category ID: listed_summary
Date: Oct. 6, 2025
Notes: 2025-10-06
Created: 2025/10/06 20:20
Updated: 2025/12/08 01:06
Last Read: 2025/10/07 08:02