Thursday, 30 Oct 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • VIDEO
  • House
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Economy > Firefly Aerospace strengthens portfolio with $855 million deal for national security tech firm SciTec
Economy

Firefly Aerospace strengthens portfolio with $855 million deal for national security tech firm SciTec

Last updated: October 7, 2025 10:01 am
Share
Firefly Aerospace strengthens portfolio with 5 million deal for national security tech firm SciTec
SHARE

(Reuters) – Firefly Aerospace, a company specializing in space technology, has announced its intent to acquire the national security technology firm SciTec for approximately $855 million.

This acquisition will be financed through a mix of $300 million in cash along with $555 million allocated in Firefly’s stock, with expectations for the deal to finalize by year-end, according to Firefly.

In August, the Texas-based company achieved a valuation of $9.84 billion following a remarkable 55.6% surge in its share price on Nasdaq, reflecting continued investor enthusiasm for firms contributing to the advancement of the U.S. space and defense sectors.

Through this partnership, Firefly aims to enhance its space service offerings by incorporating SciTec’s advanced defense software analytics, as per the company’s statement.

SciTec brings essential expertise in areas such as missile warning, tracking, defense, and intelligence surveillance, which will significantly enhance Firefly’s existing capabilities in launch, lunar missions, and in-space operations.

Upon completion of the acquisition, SciTec will function as a division of Firefly, led by its current CEO, Jim Lisowski.

Increasing geopolitical tensions and shifting international relations have turned attention to space and defense contractors. This acquisition is anticipated to fortify Firefly’s stance in the space tech arena, boosting its potential in military-space endeavors.

Firefly has undergone considerable transformation since its challenging past, which included a bankruptcy in 2017 and the exit of its CEO last year.

(Reporting by Gursimran Kaur in Bengaluru; editing by Diane Craft and Chizu Nomiyama)

See also  13 Ways To Invest That Don’t Involve the Stock Market
TAGGED:aerospacedealFireflyFirmMillionNationalportfolioSciTecSecuritystrengthensTech
Share This Article
Twitter Email Copy Link Print
Previous Article Biden covered up Ukrainian complaints of corruption ‘double standard,’ secret CIA files reveal Biden covered up Ukrainian complaints of corruption ‘double standard,’ secret CIA files reveal
Next Article Conservatives want exclusion presumption for violent pupils Conservatives want exclusion presumption for violent pupils
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

Corrupt Cop Who Leaked To Proud Boys Learns His Fate

Shane Lamond, the former leader of the D.C. Metropolitan Police Department’s intelligence division, has been…

June 7, 2025

War Room’s Steve Bannon and Texas Sheriff Roy Boyd Discuss the Importance of Cooperating with Federal Government on Deportations (VIDEO) |

Steve Bannon converses with Texas Sheriff Roy Boyd on May 23, 2025 In a recent…

May 24, 2025

Man linked by DNA to Logan Square carjacking and shooting sentenced to 12 years – CWB Chicago

A Chicago man has been sentenced to 12 years in prison for a carjacking incident…

October 7, 2025

Akhetonics gets fresh funding for a contrarian bet on all-optical chips

Akhetonics: Pioneering the Future of Photonics in Chip Technology Photonics, the science of light-based systems…

November 28, 2024

How The Brain Can Miraculously Switch Off Pain

In the second world war, the physician Henry Beecher observed that some of his soldier…

February 11, 2025

You Might Also Like

YouTube TV Blackout of ABC, ESPN, Disney Networks in Deal Dispute
Entertainment

YouTube TV Blackout of ABC, ESPN, Disney Networks in Deal Dispute

October 30, 2025
Fed’s Standing Repo Facility hits record high as policy meeting outcome looms
Economy

Fed’s Standing Repo Facility hits record high as policy meeting outcome looms

October 30, 2025
BofA Raises PT on Embraer (ERJ) to  Following Investor Day
Economy

BofA Raises PT on Embraer (ERJ) to $70 Following Investor Day

October 30, 2025
What To Expect From Micron Technology’s Report
Economy

What To Expect From Micron Technology’s Report

October 30, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?