Firefly Aerospace Inc. - Common Stock (FLY)

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Some elements of Firefly's deal to buy SciTec are inarguably weird -- but overall, it's a great deal for Firefly.

Space stocks remain in the spotlight as retail investors digest new contracts, acquisitions and upcoming launches.

This space company's stock is flying. Here's why.

Firefly's acquisition of SciTec is a strategic pivot to reshape its valuation by blending space hardware with high-margin defense intelligence.

Firefly Aerospace just doubled in size at a very good price.

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 Aerospace (NASDAQ: FLY) announced acquisition of SciTec, Inc. for $855 million to expand into defense tech.

Firefly's revenue growth seems stellar, but expenses are acting as a gravity well, dragging the company's profits straight down.