Firefly strikes $855M deal for national security tech firm SciTec

New York PostSunday, October 5, 2025 at 11:17:55 PM
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Firefly strikes $855M deal for national security tech firm SciTec
Firefly has announced an impressive $855 million deal to acquire the national security tech firm SciTec, which is a significant move in the defense sector. This acquisition, funded by $300 million in cash and $555 million in Firefly shares, is expected to close by the end of the year. This deal not only strengthens Firefly's position in the market but also highlights the growing importance of technology in national security, making it a noteworthy development for both companies and the industry.
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