Firefly Aerospace has announced it is buying SciTec, a defense technology company, in a deal valued at about $855 million. The deal includes $300 million in cash and $555 million in new Firefly shares, priced at $50 each. The acquisition is expected to close by the end of 2025, after completing regulatory approvals.
SciTec, based in Princeton, New Jersey, provides missile-warning systems, tracking solutions, and space domain awareness tools for defense and intelligence customers. The company reported $164 million in revenue as of June 2025.
Earlier this year, SciTec received a $259 million contract from the U.S. Space Force to build a ground system for missile-detection satellites. After the acquisition, SciTec will operate as a subsidiary of Firefly, led by its current CEO, Jim Lisowski, who will report to Firefly CEO Jason Kim.


