Firefly Aerospace’s defense‑software subsidiary, SciTec, secured an Other Transaction Authority (OTA) agreement from the U.S. Space Force Space Systems Command as part of a $3.2 billion program to develop a space‑based missile interceptor for the Golden Dome national‑security architecture, with integration slated for 2028.
The OTA agreement is one of 20 agreements that together total up to $3.2 billion; SciTec’s specific award amount has not been disclosed. The contract will fund SciTec’s AI‑enabled sensing, data‑fusion, and autonomous command‑and‑control capabilities that will be integrated into the Golden Dome system.
The award diversifies Firefly’s revenue mix by adding a high‑margin, recurring defense‑software stream that complements its launch and lunar‑landed platforms. SciTec’s 45‑year track record supporting the Department of War and Intelligence Community underpins the Space Force’s confidence in its technology.
David Simenc, SciTec president, said, “We’re proud to contribute our proven AI‑powered defense technologies to our nation’s critical Golden Dome program and honored by the trust placed in our team. SciTec has always focused on delivering the technologies that strengthen decision advantage, and this agreement allows us to continue that work at a pivotal moment for national defense.”
Firefly’s Q1 2026 earnings release was scheduled for the same day. Analysts had projected an EPS loss of $0.50 and revenue of $73.82 million. The company’s 2025 revenue of $159.9 million represented a 163% year‑over‑year increase, and it has guided 2026 revenue to $420–$450 million, while its net loss of $298.34 million and negative ROE highlight ongoing profitability challenges.
Investors remained cautious due to Firefly’s high valuation and mixed rocket track record, but the OTA contract was viewed as a positive tailwind that could open additional defense opportunities in the coming years.
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