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Firefly Aerospace to acquire SciTec in $855 million deal
Reutersยท 2025-10-05 20:25
Group 1 - Firefly Aerospace is set to acquire SciTec for approximately $855 million in a combination of cash and stock [1] - The acquisition targets the national security technology sector, indicating Firefly's strategic expansion into this area [1] - This deal highlights the growing interest in the intersection of space technology and national security [1] Group 2 - The acquisition reflects a trend of consolidation within the aerospace and defense industries [1] - Firefly Aerospace's move may enhance its capabilities and offerings in the national security domain [1] - The financial structure of the deal, involving both cash and stock, suggests a significant commitment from Firefly Aerospace [1]