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  5. Aerospace and Defense Industry Update – 1H 2023

Aerospace and Defense Industry Update – 1H 2023

by | Oct 24, 2023 | Industry & Market Data Reports, Technology

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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