Firefly Aerospace has signed a definitive agreement to acquire SciTec, Inc. for about $855 million. The deal includes $300 million in cash and $555 million in Firefly shares, issued to SciTec’s owners at a price of $50 per share.
Jason Kim, CEO of Firefly Aerospace, said, “The acquisition of SciTec enhances our ability to support a growing number of defense missions and provides us with a significant operational advantage. 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 integrated, software-defined solutions for critical national security imperatives, particularly Golden Dome. We are excited to welcome the SciTec team to the Firefly family and look forward to working together to continue to deliver leading edge solutions to advance our country’s strategic advantage in space.”
The acquisition will strengthen Firefly’s space and defence offerings by adding advanced data analytics, remote sensing, and artificial intelligence-driven systems. SciTec’s expertise in missile warning, tracking and defence, intelligence, surveillance and reconnaissance, space domain awareness, and autonomous command and control will complement Firefly’s existing services in launch, lunar, and in-space operations. The company also brings experience in ground and onboard data processing designed for rapid, low-latency threat detection and response.
For the twelve-month period ending June 30, 2025, SciTec reported approximately $164 million in revenue, supported by contracts with defence, intelligence, and commercial clients. Earlier this year, SciTec secured a $259 million contract from the U.S. Space Force to enhance the Future Operational Resilient Ground Evolution (FORGE) framework. The project aims to deliver a scalable and cyber-secure ground processing system to strengthen missile warning and tracking capabilities.
Jim Lisowski, CEO of SciTec, said, “We believe Firefly is the best home for our business and people. In addition to the strong strategic fit, our cultures are similar. Both teams are empowered, rapid innovators who are passionate about our critical missions and willing to take on near impossible tasks to ensure we protect our country from future threats. We share a unique focus on providing differentiated, leading-edge solutions to our customers.”
SciTec, headquartered in Princeton, New Jersey, operates five additional facilities located near key space and defence clients. The acquisition is expected to close by the end of 2025, subject to regulatory approvals. Upon completion, SciTec will function as a Firefly subsidiary under the leadership of Jim Lisowski, reporting to Firefly’s CEO Jason Kim.
Goldman Sachs & Co. LLC and Kirkland & Ellis LLP are advising Firefly, while Baird and Cooley LLP are advising SciTec.
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