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    Firefly Acquires SciTec for $855M to Expand in Defense

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    Firefly Acquires SciTec for $855M to Expand in Defense

    By acquiring SciTec, Firefly expands beyond launches into defense tech, including missile detection and space domain awareness.

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    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.

    Moving Beyond Rocket Launches

    Firefly Aerospace, headquartered in Cedar Park, Texas, has mainly focused on building rockets and spacecraft. It went public in August 2025, with a valuation near $10 billion. The company has delivered multiple launch missions and completed the Blue Ghost lunar lander mission this year.

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