BOULDER, Colo., Aug. 11, 2026 (GLOBE NEWSWIRE) -- SciTec, a Firefly Aerospace (Nasdaq: FLY) company,...


  BOULDER, Colo., Aug.  11, 2026  (GLOBE NEWSWIRE) -- SciTec, a Firefly Aerospace (Nasdaq: FLY) company, has been awarded a $93,704,410 firm-fixed price other transaction agreement for ground-based radar digitization. This contract provides for modernization efforts to create a common architecture and design for the upgrade of ground-based radars. Space Systems Command, Colorado Springs, Colorado, is the contracting activity.  “SciTec is honored to support the Space Force,” said David Simenc, SciTec President. “This effort strengthens national defense, modernizing vital radar infrastructure and ensuring the United States maintains an operational advantage in an increasingly contested environment while minimizing total lifecycle costs to taxpayers and warfighters.”  About SciTecSciTec, a wholly owned subsidiary of Firefly Aerospace, is a leader in advanced defense technologies. Headquartered in Princeton, N.J., SciTec has more than four decades of experience supporting high-stakes national security missions with AI-enabled defense software and cloud-based, on-premise, and edge processing capabilities. SciTec’s industry-leading software and big data processing capabilities are proven in operations for missile warning and defense; intelligence, surveillance and reconnaissance; space domain awareness; remote sensing and analysis; and autonomous command and control. For more information visit, www.scitec.com.  About Firefly AerospaceFirefly Aerospace is a space and defense technology company on a mission to reliably and repeatedly launch, land, and operate space systems from Earth to the Moon and beyond. As the partner of choice for responsive space missions, Firefly is the first commercial company to launch a satellite to orbit with approximately 24-hour notice and the first to achieve a successful landing on the Moon. Established in 2017, Firefly’s engineering, manufacturing, and test facilities are co-located in central Texas to enable rapid innovation and vertical integration for the company’s small- to medium-lift launch vehicles, lunar landers, and orbital vehicles. For more information, visit www.fireflyspace.com.  Forward-Looking StatementsThis press release contains “forward-looking statements” including, but not limited to, statements regarding the expected scope, timing and outcomes of the ground-based radar and modernization effort, the creation of a common architecture and design for the upgrade of ground-based radars; anticipated benefits to national defense, radar infrastructure, and operational readiness, and expected reductions in total lifecycle costs and statements of SciTec’s president. These and other statements regarding Firefly’s (and its subsidiary SciTec’s) future expectations, beliefs, plans, objectives, assumptions, or performance that are not historical facts are forward-looking statements.  In some cases, you can identify forward-looking statements because they contain words such as “modernize,” “may,” “will,” “expects,” “plans,” “anticipates,” “could,” “would,” “target,” “intends,” “support,” and “believes.” There may also be negative words or other similar terms or expressions that concern our expectations, strategy, plans or intentions. Not all forward-looking statements contain such identifying words. The inclusion of forward-looking statements should not be regarded as a representation that such plans, estimates, or expectations will be achieved.  Various risks that could cause actual results to differ from those expressed by the forward-looking statements included in this press release include, but are not limited to: disruptions in U.S. government operations, funding, and budgetary or procurement priorities; the fact that U.S. government contracts are generally not fully funded at inception, may be undefinitized, and may be reduced, modified, or terminated, which could prevent us from realizing our backlog; our dependence on a limited number of customers; our inability to comply with our contractual obligations or to meet the eligibility requirements and security-clearance certifications for government contracts; the limitations on disclosure arising from classified contracts; the extensive regulation of defense-industry contracting; a failure of our information technology systems or security protections; our failure to realize the expected benefits of the SciTec acquisition; the fluctuation of our operating results; adverse publicity stemming from any incident involving us, our competitors, or our customers; the failure to adequately protect our proprietary intellectual property rights; and other risk factors set forth in Firefly’s filings with the Securities and Exchange Commission.  Readers are cautioned not to place undue reliance on the forward-looking statements contained herein, which speak only as of the date hereof. These statements are based on management’s current expectations, assumptions, and beliefs concerning future developments, which are inherently subject to uncertainties, risks, and changes in circumstances that are difficult to predict. We cannot assure you that the events reflected in the forward-looking statements will occur; actual events could differ materially from those described in the forward-looking statements. We undertake no intent or obligation to publicly update or revise any of the estimates and other forward-looking statements made in this announcement, whether as a result of new information, future events or otherwise, except as required by law.  Media Contactspress@scitec.com press@fireflyspace.com  A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/84b66d2f-31fd-45b9-96d0-c1b5ac91e24c    
            

Firefly's SciTec Awarded $94 Million U.S. Space Force Contract to Advance Ground-Based Radar Digitization Program

SciTec awards $93.7 million radar contract; potential upside for Firefly (FLY)

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>BOULDER, Colo., Aug. 11, 2026 (GLOBE NEWSWIRE) -- SciTec, a Firefly Aerospace (Nasdaq: FLY) company,...</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>SciTec, a Firefly Aerospace subsidiary, was awarded a $93.704 million firm-fixed-price OTA for ground-based radar digitization to modernize radar infrastructure and create a common upgrade architecture for Space Force assets. The award signals validated defense demand for Firefly&#039;s defense ecosystem and could improve near-term revenue visibility, though funding and program execution remain uncertain.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>SciTec, Firefly subsidiary, wins $93.7M radar modernization contract.</li><li>Contract aims to create a common radar upgrade architecture for the Space Force.</li><li>Space Systems Command is the contracting activity; strengthens defense backlog visibility.</li><li>Positive for Firefly&#039;s defense-tech ecosystem, with near-term revenue potential.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Firefly Aerospace, Inc. (FLY)</strong>: Parent company; contract strengthens defense exposure and potential revenue contribution from SciTec.</li><li><strong>SciTec (private subsidiary of Firefly) (SCITEC)</strong>: Awarded the $93.7M contract; could boost defense software/backlog and synergize with Firefly.</li></ul>
  </section>

  <section data-block="category">
    <h3>Industry News</h3>
    <p>Industry News; reflects a defense contract win for a Firefly subsidiary, signaling revenue visibility and strategic value in the defense segment.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Firm-fixed-price OTA worth $93.704M expands defense backlog visibility for SciTec.</li><li>Space Systems Command involvement suggests potential for further radar modernization awards.</li><li>Positive signal for Firefly&#039;s defense tech ecosystem, though actual revenue depends on funded backlog.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Date: August 11, 2026</li><li>Contract value: $93,704,410 (firm-fixed price OTA)</li><li>Contracting activity: Space Systems Command, Colorado Springs</li><li>Contract type: Other Transaction Agreement (OTA) for ground-based radar digitization</li><li>SciTec is a wholly owned subsidiary of Firefly Aerospace</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>FLY may see modest near-term upside from SciTec&#039;s award; monitor funded backlog and follow-on orders over 3–6 months.</p>
  </section>
</section>


<article>
  <section id="overview">
    <p>BOULDER, Colo., Aug. 11, 2026 (GLOBE NEWSWIRE) -- SciTec, a Firefly Aerospace (Nasdaq: <strong>FLY</strong>) company, has been awarded a <strong>$93,704,410</strong> firm-fixed price other transaction agreement for ground-based radar digitization. This contract provides for modernization efforts to create a common architecture and design for the upgrade of ground-based radars. Space Systems Command, Colorado Springs, Colorado, is the contracting activity. <strong>“SciTec is honored to support the Space Force,”</strong> said David Simenc, SciTec President. <strong>“This effort strengthens national defense, modernizing vital radar infrastructure and ensuring the United States maintains an operational advantage in an increasingly contested environment while minimizing total lifecycle costs to taxpayers and warfighters.”</strong></p>
  </section>

  <section id="contract-details">
    <h2>Contract Details and Scope</h2>
    <ul>
      <li><strong>Contract type:</strong> firm-fixed price, <em>other transaction agreement</em></li>
      <li><strong>Program focus:</strong> ground-based radar digitization, modernization to create a common architecture and design for upgrades</li>
      <li><strong>Contracting activity:</strong> Space Systems Command, Colorado Springs, Colorado</li>
      <li><strong>Location noted in release:</strong> Boulder, Colorado</li>
      <li><strong>Company context:</strong> SciTec is a Firefly Aerospace subsidiary and works on defense technology solutions</li>
    </ul>
  </section>

  <section id="quotes">
    <h2>Executive Commentary</h2>
    <p><strong>“SciTec is honored to support the Space Force,”</strong> said David Simenc, SciTec President. <strong>“This effort strengthens national defense, modernizing vital radar infrastructure and ensuring the United States maintains an operational advantage in an increasingly contested environment while minimizing total lifecycle costs to taxpayers and warfighters.”</strong></p>
  </section>

  <section id="about-scitec">
    <h2>About SciTec</h2>
    <p>SciTec, a wholly owned subsidiary of Firefly Aerospace, is a leader in advanced defense technologies. Headquartered in Princeton, N.J., SciTec has&nbsp;more than four decades of experience supporting high-stakes national security missions with AI-enabled defense software and cloud-based, on-premise, and edge processing capabilities. SciTec’s industry-leading software and big data processing capabilities are proven in operations for missile warning and defense; intelligence, surveillance and reconnaissance; space domain awareness; remote sensing and analysis; and autonomous command and control. For more information visit, <a href="http://www.scitec.com">www.scitec.com</a>.</p>
  </section>

  <section id="about-firefly">
    <h2>About Firefly Aerospace</h2>
    <p>Firefly Aerospace is a space and defense technology company on a mission to reliably and repeatedly launch, land, and operate space systems from Earth to the Moon and beyond. <em>As the partner of choice for responsive space missions, Firefly is the first commercial company to launch a satellite to orbit with approximately 24-hour notice and the first to achieve a successful landing on the Moon.</em> Established in 2017, Firefly’s engineering, manufacturing, and test facilities are co-located in central Texas to enable rapid innovation and vertical integration for the company’s small- to medium-lift launch vehicles, lunar landers, and orbital vehicles. For more information, visit <a href="https://www.fireflyspace.com">www.fireflyspace.com</a>.</p>
  </section>

  <section id="forward-looking">
    <h2>Forward-Looking Statements</h2>
    <p>This press release contains “forward-looking statements” including, but not limited to, statements regarding the expected scope, timing and outcomes of the ground-based radar and modernization effort, the creation of a common architecture and design for the upgrade of ground-based radars; anticipated benefits to national defense, radar infrastructure, and operational readiness, and expected reductions in total lifecycle costs and statements of SciTec’s president. These and other statements regarding Firefly’s (and its subsidiary SciTec’s) future expectations, beliefs, plans, objectives, assumptions, or performance that are not historical facts are forward-looking statements. There may also be negative words or other similar terms or expressions that concern our expectations, strategy, plans or intentions. Not all forward-looking statements contain such identifying words. The inclusion of forward-looking statements should not be regarded as a representation that such plans, estimates, or expectations will be achieved.  Various risks that could cause actual results to differ from those expressed by the forward-looking statements included in this press release include, but are not limited to: disruptions in U.S. government operations, funding, and budgetary or procurement priorities; the fact that U.S. government contracts are generally not fully funded at inception, may be undefinitized, and may be reduced, modified, or terminated, which could prevent us from realizing our backlog; our dependence on a limited number of customers; our inability to comply with our contractual obligations or to meet the eligibility requirements and security-clearance certifications for government contracts; the limitations on disclosure arising from classified contracts; the extensive regulation of defense-industry contracting; a failure of our information technology systems or security protections; our failure to realize the expected benefits of the SciTec acquisition; the fluctuation of our operating results; adverse publicity stemming from any incident involving us, our competitors, or our customers; the failure to adequately protect our proprietary intellectual property rights; and other risk factors set forth in Firefly’s filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on the forward-looking statements contained herein, which speak only as of the date hereof. These statements are based on management’s current expectations, assumptions, and beliefs concerning future developments, which are inherently subject to uncertainties, risks, and changes in circumstances that are difficult to predict. We cannot assure you that the events reflected in the forward-looking statements will occur; actual events could differ materially from those described in the forward-looking statements. We undertake no intent or obligation to publicly update or revise any of the estimates and other forward-looking statements made in this announcement, whether as a result of new information, future events or otherwise, except as required by law.</p>
  </section>

  <section id="contact">
    <h2>Media Contacts</h2>
    <ul>
      <li>press@scitec.com</li>
      <li>press@fireflyspace.com</li>
    </ul>
    <p>A photo accompanying this announcement is available at <a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/84b66d2f-31fd-45b9-96d0-c1b5ac91e24c">GlobeNewswire attachment</a>.</p>
  </section>
</article>

SciTec, a Firefly Aerospace subsidiary, was awarded a $93.704 million firm-fixed-price OTA for ground-based radar digitization to modernize radar infrastructure and create a common upgrade architecture for Space Force assets. The award signals validated defense demand for Firefly's defense ecosystem and could improve near-term revenue visibility, though funding and program execution remain uncertain.

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Firefly's SciTec Awarded $94 Million U.S. Space Force Contract to Advance Ground-Based Radar Digitization Program

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