Share this
Read the latest Aerospace & Defense Quarterly Report from Janes Capital Partners. The report provides topical coverage of the Aerospace & Defense industry, providing news briefs, developments of key platforms, analytics supporting M&A trends and an in-depth analysis of featured transactions and acquirers in the Aerospace & Defense industry. The Q2 2021 edition delves into the details and strategic drivers behind Booz Allen Hamilton’s acquisition of Liberty IT Solutions and an update on active A&D acquirer Arcline Investment Management.
Executive Summary
There were 97 A&D deals announced in Q3 2023, which was a decrease from the number of deals announced during Q2 2023.
Year-over-year quarterly transaction volume decreased by 4.0% compared to the 101 deals announced during Q3 2022.
Average disclosed deal size during the quarter increased to $857 million compared to $803 million during Q2 2023.
The most active segments in terms of number of M&A deals were:
- Government Services, IT Services, and Software (27 deals)
- Defense Electronics (13 deals)
- Cybersecurity, Intelligence Services, and Homeland Defense (12 deals)
- Components & Subsystems (7 deals)
- Machined & Cast Parts (7 deals)
The top 3 segments in terms of disclosed transaction values were:
- Satellite, Satellite Services, & Space Systems ($5,590 million)
- Cybersecurity, Intelligence Services, and Homeland Defense ($3,800 million)
- Government Services, IT Services, and Software ($3,296 million)