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Firefly Aerospace Reported Earlier It Entered Agreement To Acquire SciTec For $855M, $300M Cash, $555M In Shares Valued At $50 Each

Author: Benzinga Newsdesk | October 05, 2025 09:18pm

 Firefly Aerospace (NASDAQ:FLY), a market leading space and defense technology company, has entered into a definitive agreement to acquire SciTec, Inc., a leader in advanced national security technologies, for approximately $855 million through a combination of $300 million in cash and $555 million in Firefly shares issued to SciTec owners at a price of $50 per share.
 

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