Firefly Aerospace Inc. (FLY)
Firefly leans into its defense ambitions with $855M SciTec acquisition
Firefly Aerospace on Sunday said it had agreed to buy defense analytics firm SciTec for about $855 million in cash and stock, paving the path to its goal of becoming a significant player in the national security market.
Firefly Aerospace to acquire SciTec in $855 million deal
Space technology firm Firefly Aerospace said on Sunday that it will acquire national security technology company SciTec for about $855 million in a cash and stock deal.
Firefly Aerospace Would Be Really Profitable If It Weren't for All Its Expenses
Firefly Aerospace (FLY 2.13%) reported Q2 2025 earnings last week, its first official earnings report since holding an amazingly (if only temporarily) successful initial public offering (IPO) in August.
FireFly Aerospace: Buy The 51% Discount Since IPO
Firefly Aerospace shares have plunged over 50% since IPO on two things: disappointing earnings and a failed Alpha rocket test. Execution risks and widening loss are pain-points but ones that have been priced into the stock at current levels. We see limited near-term downside. FireFly's backlog stands at $1.3B, driven by contracts for Alpha, Eclipse, Blue Ghost, and Elytra, with notable NASA and defense partnerships.
Aerospace Stock Crashes After Rocket Booster Explosion
Publicly traded since early August, aerospace and defense stock Firefly Aerospace Inc (NASDAQ:FLY) is plummeting to new lows -- down 20.9% at $29.24 at last glance -- after one of the company's rocket boosters exploded during preflight testing in Briggs, Texas.
Firefly Aerospace stock tanks 24% after test rocket explosion
Firefly Aerospace's Alpha Flight 7 rocket exploded during a test flight at its Texas facility on Monday. The company said that it followed safety protocols and all personnel were safe.
