Industry Update: Aerospace & Defense

Aerospace & Defense Industry Report

Industry Highlights

  • On February 13, 2022, Lockheed Martin announced that it had terminated
    its agreement to acquire Aerojet Rocketdyne. The decision to terminate the
    agreement follows the U.S. FTC lawsuit seeking to block the acquisition. In
    September of 2021, Lockheed Martin invested in orbital refueling startup
    Orbit Fab. Orbit Fab was recently awarded a $12 million deal to ensure its
    fueling interface works with U.S. military satellites. The funding includes $6
    million from the U.S. Air Force and Space Force and $6 million from private
  • On November 8, 2021, Mercury Systems, Inc. completed the acquisition of
    Avalex Technologies, a manufacturer and supplier of aerial surveillance
    mapping and video equipment, for $155 million. The acquisition will enable
    Mercury to address the growing demand for digitally converged solutions in
    the C4I and platform/mission management markets.
  • On October 4, 2021, Arlington Capital Partners completed its acquisition of L3Harris Technologies’ Electron Devices and Narda Microwave-West divisions. The Company will now operate independently as Stellant Systems. Stellant provides RF amplification products for the space, electronic warfare, radar, medical, scientific, and industrial end markets.

Past Industry Updates

Aerospace & Defense: July 2021

Aerospace & Defense: May 2021

More Industry Reports