M&A Year in Review 2023 brochure - Flipbook - Page 6
6
Aerospace
and Defense
Sector performance
In 2023, overall M&A activity in the aerospace and
defense sector was relatively flat. Although aerospace
activity continued a downward trend, the decline was
largely offset by increased defense-related activity.
Increased government defense spending and supply
chain considerations in response to geopolitical
uncertainties drove this activity for defense companies.
Demands for AI, advanced sensing capabilities,
cybersecurity, government-funded space endeavors,
hypersonics, and unmanned aircraft systems further
fueled M&A in the sector.
Hogan Lovells activities
Our Aerospace and Defense team helped clients address
AI and cybersecurity risks and opportunities, cross-border
disputes and investigations, foreign direct investment
regimes, international trade concerns, and public
procurement- and national security-related challenges.
We successfully launched the Hogan Lovells National
Security podcast, featuring subject matter experts on
hot topics, such as critical minerals, hypersonics, and
nuclear technology. Our monthly Aerospace and
Defense Insights publication covered developments
ranging from cybersecurity to export controls and
outbound investment screening.
