Firefly Aerospace (Nasdaq: FLY) has announced a definitive agreement to acquire SciTec, Inc., a recognized leader in advanced national security technologies, in a transaction valued at approximately $855 million. The deal combines $300 million in cash and $555 million in Firefly shares, issued to SciTec's owners at $50 per share.

"The acquisition of SciTec enhances our ability to support a growing number of defense missions and provides us with a significant operational advantage," said Jason Kim, CEO of Firefly Aerospace. "SciTec's mission-proven software and big data processing capabilities provide warfighters with rapid, accurate information to enable informed decisions that protect our homeland from emerging threats. These capabilities significantly enhance our ability to deliver inte

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