Deal activity by volume related to cybersecurity decreased by 29% year-on-year in 2022 in the aerospace & defence industry

Analysis of the key themes driving deal activity reveals that cybersecurity accounted for 153 aerospace & defence deals between 2018 and 2022, worth a total value of $52,575m, according to GlobalData’s Deals database covering mergers and acquisitions, private equity, venture financing, equity offerings and partnerships. The $6,400m acquisition of Maxar Technologies by Advent International and British Columbia Investment Management (BCI) was the largest disclosed deal in 2022, while the $8,200m acquisition of FLIR Systems by Teledyne was the largest disclosed deal in 2021.  

In volume terms, cybersecurity related deal activity decreased by 29% year-on-year in 2022 and increased by 6% year-on-year in 2021. 

Acquisitions accounted for the highest number of deals in the last five years, with 58 deals, followed by venture financing (32 deals), and equity offering (23 deals).

The top financial advisors supporting deals related to cybersecurity in the aerospace & defence industry in the last five years in terms of value were Morgan Stanley, Goldman Sachs, Evercore, Macquarie Group, and Stone Key Group.

The top legal advisors supporting deals related to cybersecurity in the aerospace & defence industry in the last five years in terms of value were Paul, Weiss, Rifkind, Wharton & Garrison; Sullivan & Cromwell; Simpson Thacher & Bartlett; Davis Polk & Wardwell; and Cravath, Swaine & Moore.

GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.  

GlobalData’s Deals database provides comprehensive coverage across industries tracking market activity of global mergers & acquisitions, including asset acquisitions/divestments; private equity deals (PE); venture finance deals (VC); equity offerings, including IPOs, follow-on offerings, and private placements; debt offerings, including private placements, ESG bonds and loans; partnerships; and licensing agreements.  

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumored deals.