The report below gives a good overview of the Fall 2024 M&A activity in the Aerospace, Defense & Government Industry Sector. The global aerospace and defense (A&D) industry is poised for significant growth from 2024 to 2030, driven by rising defense spending, geopolitical tensions, and advancements in technology. Defense spending is expected to keep pace with or exceed inflation, particularly in areas like missile systems and military aircraft, as nations prioritize modernization and defense strategies amid escalating global conflicts. The incorporation of artificial intelligence and the growing emphasis on cybersecurity resilience further shape the future of defense. Space security, highlighted by satellite systems, is also gaining strategic importance, expanding the role of cybersecurity measures in military defense. On the commercial aviation side, the market continues to grow despite challenges. Aircraft demand outpaces production, creating a backlog equivalent to 11 years of current production. The global passenger traffic is projected to reach 9.4 billion passengers in 2024, signaling a strong recovery from the pandemic. Over the next two decades, the aerospace services market is projected to reach $4.4 trillion, with Eurasia and North America being key regions. Though air cargo faced short-term challenges in the previous year, its long-term prospects remain strong. Sustainability efforts are also shaping the A&D sector, with the electric airplane market expected to grow at a CAGR of 21.1% between 2024 and 2034. Advanced air mobility, focused on reducing traffic and emissions, will grow rapidly over the same period. Overall, the A&D industry remains robust but must focus on profitability, innovation, and scalability to sustain long-term success.
Posted by Jim Gerberman.
Read the Entire Fall 2024 Aerospace, Defense & Government Report Here