Will Firefly’s $855M SciTec Acquisition Ignite a Stock Re-Rating? Firefly's acquisition of SciTec is a strategic pivot to reshape its valuation by blending space hardware with high-margin defense intelligence.
Why Firefly Aerospace Stock Popped Today Firefly Aerospace just doubled in size at a very good price.
What's Driving The Surge In Firefly Aerospace Stock Today? Shares of Firefly Aerospace, Inc. (
NASDAQ: FLY ) are rising Monday after the space and defense technology company announced that it would acquire a player in the advanced national security technologies space.
Firefly Expands Into AI-Powered Defense Systems With SciTec Purchase Firefly Aerospace (
NASDAQ: FLY ) announced acquisition of SciTec, Inc. for $855 million to expand into defense tech.
Firefly Aerospace Would Be Really Profitable If It Weren't for All Its Expenses Firefly's revenue growth seems stellar, but expenses are acting as a gravity well, dragging the company's profits straight down.
