Core Insights - Firefly Aerospace has agreed to acquire defense analytics firm SciTec for approximately $855 million in cash and stock, aiming to enhance its position in the national security market [1][3] - The acquisition involves a payment of around $300 million in cash and $555 million in new shares, with the deal expected to close by the end of 2025 [1] - SciTec specializes in missile-warning and tracking systems, and has secured a $259 million contract from Space Force for missile-detection satellite ground systems [2][3] Company Strategy - The acquisition is part of Firefly's strategy to transition from a launch-and-spacecraft manufacturer to a vertically integrated defense contractor [3] - SciTec will operate as a subsidiary of Firefly post-acquisition, maintaining its current leadership under CEO Jim Lisowski [4] Financial Overview - SciTec reported annual revenue of $164 million as of June, indicating a solid financial foundation prior to the acquisition [2] - Firefly's valuation was nearly $10 billion following its IPO, positioning it for significant growth in the defense sector [3]