Firefly strikes $855M deal for national security tech firm SciTec
1. Firefly to acquire SciTec for $855 million, enhancing defense capabilities. 2. The deal funds with $300 million in cash and $555 million in shares. 3. In August, Firefly was valued at $9.84 billion after a successful IPO. 4. Acquisition responds to increased interest in military and civil space programs. 5. Firefly's past includes bankruptcy and operational setbacks affecting reputation.