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Firefly Aerospace Acquires SciTec for $855 Million

10/6/2025

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Story summary
  • Firefly Aerospace will acquire SciTec for $855 million ($300M cash, $555M stock).
  • The deal broadens Firefly's defense role in the Golden Dome program, projected cost hundreds of billions.
  • SciTec has U.S. Space Force contracts, including a $259 million missile-warning software deal.
  • Firefly CEO Jason Kim says the integration will strengthen national security. The Alpha rocket is grounded after a testing explosion.