
2022 saw a sharp decline in the overall value of mergers and acquisitions (M&A) in the aerospace, defense and government (ADG) market and a modest drop in the number of deals with most of the attention on small and medium sized transactions, says a new report by the government market intelligence firm HigherGov. However, singling out the defense sector, deal numbers rose nearly 12 percent to 203 in 2022 from 182 in 2021 “with activity focused on companies with unique…