secwatch.observer — SEC 8-K summary
======================================

Issuer:     Firefly Aerospace Inc. (FLY)
CIK:        0001860160
Form:       8-K
Filed at:   2025-10-06T23:59:59+00:00
Accession:  0001193125-25-230927
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Firefly Aerospace acquires SciTec for $855.6M in cash and stock
---------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1860160/000119312525230927/0001193125-25-230927-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1860160/000119312525230927/d46239d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-230927

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer