Firefly Aerospace Acquires SciTec for $855 Million to Boost National Security Tech
Financial MarketsFireflyUpdated 8 hours ago

Firefly Aerospace Acquires SciTec for $855 Million to Boost National Security Tech

Firefly Aerospace has announced its acquisition of SciTec for $855 million, a strategic move aimed at enhancing its portfolio in national security technology. This deal positions Firefly to better meet the increasing demand for advanced security solutions and could lead to innovative developments in the aerospace sector.

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Firefly strengthens portfolio with $855 million deal for national security tech firm SciTec
PositiveFinancial Markets
Firefly has made a significant move in the tech industry by acquiring SciTec for $855 million, enhancing its portfolio in national security technology. This acquisition is crucial as it positions Firefly to better address the growing demands for advanced security solutions, reflecting a strategic expansion that could lead to innovative developments in the sector.
Firefly Aerospace In Deal to Acquire SciTec: M&A Snapshot
PositiveFinancial Markets
Firefly Aerospace has announced a significant move by entering into a definitive agreement to acquire SciTec for around $855 million in cash and stock. This acquisition is important as it positions Firefly to enhance its capabilities and expand its market presence, potentially leading to innovative developments in aerospace technology.

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