The report below gives a good overview of the Fall 2022 M&A activity in the Aerospace, Defense & Government Industry Sector. The global Aerospace & Defense industry is expected to reach $790.0 billion by 2023, as per research published by The Business Research Company. Currently, the industry is impacted by headwinds such as interest rates and the potential threat of a recession. The rising interest rate will increase operational costs, and it is expected to slow down technological advancements in the industry as companies will shift their focus on decreasing other costs, including R&D investment. The risk of a recession might jeopardize the airline industry's ongoing recovery after the volatility it witnessed during 2020-21. However, the demand for air travel has recently increased as customers rebooked previously canceled leisure and business trips, resulting in healthy demand for air travel. Although domestic ticket prices have been continuously increasing this year, airlines have witnessed a rise in the number of air travelers. Businesses in the Aerospace & Defense industries are expected to become increasingly digital as smart factories gain prominence, increasing the efficiency of aircraft production and reducing the duration from design to delivery. The current geopolitical instability, because of Russia's invasion of Ukraine and the conflict between China and Taiwan, has prompted countries in Europe and the Asia-Pacific region to strengthen their defenses, which is expected to be beneficial for companies focused on the defense sector.
Posted by Jim Gerberman.
Read the Entire Fall 2022 Aerospace, Defense & Government Report Here