Firefly strikes $855M deal for national security tech firm SciTec
New York Post·2025-10-05 23:17
Space tech firm Firefly Aerospace will acquire national security technology company SciTec for about $855 million, the company said on Sunday, honing its portfolio at a time when US military and civil programs are receiving increased investor interest.The deal, which will be funded through a combination of $300 million in cash and $555 million in Firefly shares, is set to close by the end of the year, Firefly said.In August, Texas-based Firefly secured a valuation of $9.84 billion after its shares surged ne ...