The Journal of Space Commerce

The Journal of Space Commerce

In Depth

Firefly Aerospace’s $855 Million SciTec Acquisition Analysis

A Strategic Pivot into Defense Software and National Security Markets

Mike Turner's avatar
Mike Turner
Nov 14, 2025
∙ Paid

Firefly Aerospace completed its $855 million acquisition of SciTec Inc. on November 5, 2025, marking a transformative moment for the Cedar Park, Texas-based space technology company (Firefly Aerospace press release, November 5, 2025). The deal, structured as $300 million in cash and $555 million in Firefly common stock issued at $50 per share, combines Firefly’s launch and lunar hardware capabilities with SciTec’s four decades of defense software expertise (GovCon Wire, November 6, 2025). This transaction represents more than a traditional aerospace consolidation. It signals Firefly’s strategic repositioning from a launch-and-spacecraft manufacturer into a vertically integrated defense contractor capable of delivering end-to-end hardware and software solutions for national security missions (TechCrunch, October 6, 2025). The acquisition brings immediate access to $164 million in annual revenue, 475 specialized employees, and robust defense contracts supporting critical programs includ…

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