2024 M&A Year in Review - Flipbook - Page 6
6
Aerospace
and Defense
Sector performance
M&A activity in the aerospace and defense sector remained flat
in 2024 due in large part to continued regulatory scrutiny,
elevated interest rates, and geopolitical uncertainty. Despite
these headwinds, the AI revolution, the reshaping of supply
chains, and increased demand for cybersecurity, unmanned
aircraft systems, and government and private sector space
initiatives propelled deal flow.
Venture capital investment into the sector increased
dramatically to an estimated US $8.5 billion in 2024. In
response, traditional aerospace and defense companies with
strong balance sheets invested in innovation and talent to
respond to the increased activity of VC-backed disruptors.
Hogan Lovells activities
In 2024, our Aerospace and Defense team supported clients in
navigating generative AI opportunities, cybersecurity risks, and
cross-border disputes. We provided guidance on evolving foreign
direct investment regimes, trade sanctions compliance, public
procurement, national security, and responses to supply chain
and sustainability challenges shaping the sector.
We partnered with the U.S. Chamber of Commerce for the
annual Global Aerospace Summit, showcasing thought
leadership on nuclear power use in space. Our National Security
podcast covered topics like AI, defense, EU strategy, and
cryptocurrency. We also continued to publish Aerospace and
Defense Insights, offering analysis on key industry trends.
280+
Aerospace and
Defense lawyers
Practice
Group of
the Year
Government Contracts
Law360, 2024