SciTec Acquired by Firefly Aerospace

Adds Full-Stack Software and Big Data Processing Capabilities

A definitive agreement has been reached for the acquisition of national security technology company SciTec, Inc. by Firefly Aerospace for approximately $855 million. The package includes a combination of $300 million in cash and $555 million in Firefly shares issued to SciTec owners at a price of $50 per share.

“We believe Firefly is the best home for ou…