Space technology company Firefly Aerospace Inc. wants to expand into the defense sector after announcing plans Sunday to acquire a company called SciTec Inc. for $855 million. The deal will see Firefly cough up $300 million in cash, and $555 million worth of its shares to SciTec’s owners, priced at $50 each. Firefly said it’s […] The post Firefly targets the defense industry after buying SciTec for $855M appeared first on SiliconANGLE.
