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News  ›  Benzinga

Firefly Aerospace Closes Acquisition of SciTec National Security Technology Company

Benzinga Logo Benzinga By Globe Newswire
Firefly Aerospace Closes Acquisition of SciTec National Security Technology Company

Firefly Aerospace has successfully completed its acquisition of SciTec, a national security technology company, for a combination of cash and stock. The strategic purchase adds advanced defense software capabilities, big data processing expertise, and over 475 employees to Firefly's space and defense technology portfolio.

Insights
LLY   neutral

Mentioned in context of Paxton's previous legal actions, not directly involved in current lawsuit


FLY   positive

Company is expanding capabilities through strategic acquisition, adding critical defense software, data processing expertise, and national security program capabilities