, /PRNewswire/ Strong fundamentals and a favorable macro-outlook continue to draw attention and capital into the Aerospace, Defense, and Government Services (ADGS) sectors, according to a new industry report released by the ADGS investment banking team from Brown Gibbons Lang & Company (BGL). "With the proliferation of technology-driven capabilities and services as well as rising geopolitical tensions, global military spending is expanding across sectors, and many private investors are viewing the space as the next horizon of digital warfare," said , Managing Director and lead banker for the Aerospace, Defense & Government Services team at BGL. "These trends will continue to create new market leaders and propel consolidation as companies aim to achieve economies of scale and attract additional capital looking to be deployed in the space.
" The ADGS market will continue to see growth into 2024 driven by commercial aviation, geopolitical instability, and the continued push of digital transformation and technology innovation. In the report, BGL explores several key themes and trends that are driving market growth and transaction activity. : M&A volume is expected to rebound in 2024 with acquisition activity off to a strong start in the first quarter as transaction activity reflects the continuing emphasis on high-tech and next-generation capabilities.
Capital inflows and market fragmentation will fuel deal flow with the middle market ripe for consolidation. BGL's has decades of r.
