The aerospace and defense industry is a constantly evolving ﬁeld that encompasses a wide range of technologies and businesses. M&A activity in this segment has remained stable, with 58 notable transactions occurring nationally in the ﬁrst half of 2023. Activity this half is driven by a number of factors such as:
- Increasing use of unmanned aerial vehicles (UAVs)
- A push for more efﬁcient and environmentally friendly aircraft
- Development and production of advanced weapon systems
- Modernization and upgrading of existing military equipment
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