Why Firefly Aerospace Stock Popped Today
Yahoo Finance·2025-10-06 16:50
Key Points Firefly Aerospace will buy defense contractor SciTec for $855 million in cash and stock. SciTec's $164 million in annual revenue makes it bigger than Firefly. But Firefly stock is worth more than $4 billion! 10 stocks we like better than Firefly Aerospace › Firefly Aerospace (NASDAQ: FLY) stock soared a lucky 7.7% through 11:20 a.m. ET Monday after the space stock announced, over the weekend, that it will purchase defense contractor SciTec for $855 million. Firefly will pay $300 millio ...