Capstone Partners has released its October Test & Measurement (T&M) Coverage Report, available for download below.
The performance of publicly traded T&M companies since the onset of COVID-19, shows that while the sector initially suffered a dramatic correction along with the rest of the Technology sector, it has led a recovery into positive territory and showed resilience since mid-June. We expect this strength to continue for the remainder of the year, placing the sector in an enviable position to benefit from a return to sustainable economic growth in 2021. A key subsegment of strength over the past five years, and a source of growth over the course of 2020, is Aerospace & Defense, particularly defense technologies. Test and measurement activities supporting defense programs were deemed essential from the earliest days of the pandemic and have sustained revenue levels throughout the year.
The report includes:
- Industry Outlook
- Public Company Data
- Segment Highlight
- M&A Overview
- Notable Transactions
- Client Case Study
- Concluding Thoughts
To learn more about the industry, contact David Brinkley or Ted Polk.
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