2020 Aerospace, Defense, Government & Security (ADGS) Mergers & Acquisitions Update

Capstone’s Aerospace, Defense, Government, and Security Team (ADGS) has released its annual 2020 ADGS Mergers & Acquisitions Update.  Available for download below, the report combines discussion on the current environment and dramatic fall out from the COVID-19 pandemic; together with observations from those sectors less impacted; and a review of last year including Merger & Acquisition (M&A) activity.

Summarized in the line “Commercial Aerospace hits downdraft, Defense & Government find shelter,” our report provides a wealth of information and perspectives, and discusses:

• Observations from prior cycles
• Government assistance available
• Lenders dust off recession play book
• Steady level of M&A in 2019, surge in large transactions
• Multiple challenges facing Commercial Aerospace
• Steady outlook for Defense spending
• Resiliency in Government IT Services
• Continued growth in Cybersecurity
• Winners & losers in Simulation & Training
• Recession will hit M&A, but not all equally

To learn more about Capstone’s Aerospace, Defense, Government & Security Practice or to discuss the content of this report, please do not hesitate to get in touch.