M&A
confidence high
sentiment positive
materiality 0.85
Firefly Aerospace acquires SciTec for $855.6M in cash and stock
Firefly Aerospace Inc.
- Deal consideration: $300M cash plus 11.1M Firefly shares valued at $555.6M ($50/share).
- SciTec generated ~$164M revenue for 12 months ended June 30, 2025; holds a $259M FORGE contract.
- Acquisition adds missile warning, ISR, space domain awareness and AI-enabled data processing.
- Expected close by year-end 2025, subject to regulatory approvals and customary conditions.
- SciTec to operate as Firefly subsidiary under current CEO Jim Lisowski, reporting to Firefly CEO.