In the global aerospace & defence industry, there were 52 M&A deals announced in Q3 2023, worth a total value of $7.2bn, according to GlobalData’s Deals Database. The $5.6bn acquisition of Ball Aerospace & Technologies by BAE Systems was the industry’s largest disclosed deal. GlobalData’s Aerospace, Defense and Security Industry Mergers and Acquisitions Deals by Top Themes in Q3 2023 report helps understand the transformative themes fueling M&A activity in the industry. Buy the report here.
In value terms, M&A activity increased by 100% in Q3 2023 compared with the previous quarter’s total of $3.6bn and rose by 1143% as compared to Q3 2022. Related deal volume increased by 2% in Q3 2023 versus the previous quarter and was 6% higher than in Q3 2022.
Notably, foreign direct investments (fdi)-related deals accounted for a 37% share of the global aerospace & defence industry’s M&A activity in Q3 2023, up 90% over the previous quarter.
The top-ranked legal advisors supporting these M&A deals in Q3 2023 were Kirkland & Ellis; Akerman; Cooley with 4, 2, 2 deals respectively.
For further understanding of GlobalData's Aerospace, Defense and Security Industry Mergers and Acquisitions Deals by Top Themes in Q3 2023 – Thematic Intelligence, buy the report here.