Firefly Aerospace to acquire SciTec for $855 million to bolster Golden Dome missile defence programme

By Defence Industry Europe

Firefly Aerospace announced it has signed a definitive agreement to acquire SciTec, Inc., a United States-based leader in advanced national security technologies, for approximately $855 million. The transaction will consist of $300 million in cash and $555 million in Firefly shares issued to SciTec owners at a price of $50 per share.

Firefly Aerospace announced it has signed a definitive agreement to acquire SciTec, Inc., a United States-based leader in advanced national security technologies, for approximately $855 million. The transaction will consist of $300 million in cash and $555 million in Firefly shares issued to SciTec owners at a price of $50 per share.

 

“The acquisition of SciTec enhances our ability to support a growing number of defence missions and provides us with a significant operational advantage,” said Jason Kim, CEO of Firefly Aerospace. “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.”

According to Firefly, the acquisition will expand its space and defence service portfolio by integrating SciTec’s expertise in missile warning, tracking and defence, intelligence, surveillance and reconnaissance, space domain awareness, and autonomous command and control. These core capabilities, combined with Firefly’s existing launch, lunar and in-space services, will strengthen its position in supporting advanced threat tracking and response across multiple domains.

 

 

SciTec, which generated approximately $164 million in revenue for the twelve-month period ending 30 June 2025, has developed mission-proven defence software analytics and AI-enabled systems for low latency operations. 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, delivering scalable, cyber-secure ground processing for missile warning and tracking missions.

“We believe Firefly is the best home for our business and people,” said Jim Lisowski, CEO of SciTec. “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.”

 

 

Headquartered in Princeton, New Jersey, SciTec operates five additional facilities near key space and defence customers. The acquisition, subject to regulatory approvals and customary closing conditions, is expected to be completed by the end of 2025. Upon completion, SciTec will continue to operate as a subsidiary under its current business model, led by Jim Lisowski, who will report to Jason Kim.

Goldman Sachs & Co. LLC is acting as exclusive financial advisor and Kirkland & Ellis LLP as legal advisor to Firefly. Baird is serving as exclusive financial advisor and Cooley LLP as legal advisor to SciTec.

 

 

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