Firefly Aerospace jumps 10% after buying defense tech firm for $855 million
CNBCยท2025-10-06 13:06
Jason Kim, chief executive officer of Firefly Aerospace, center, during the company's initial public offering at the Nasdaq MarketSite in New York, US, on Thursday, Aug. 7, 2025.Firefly Aerospace stock climbed 14% Monday premarket after the space company said it's buying defense technology contractor SciTec for $855 million as it looks to strengthen its national security offering.The deal, announced Sunday, is slated to close at the end of the year and includes $300 million cash and $555 million in Firefly ...