Aerospace and defense dealmaking in 2020 saw strategic acquirers maintain their focus on defense and government technology services businesses, including mission critical solutions for national security, cybersecurity, and IT modernization.
Aerospace and defense M&A remained strong in terms of value and volume in 2020, notwithstanding a decline in activity in the 2nd quarter as a result of the COVID-19 pandemic. The sector ended the year with a number of key transactions announced in the fourth quarter.
Hogan Lovells activities
In 2020, our Aerospace & Defense industry sector produced thought leadership through our Hogan Lovells Aerospace & Defense lnsights publications, offering perspectives on COVID-19’s impact on M&A and government contracting, developments in space mining, regulation of foreign direct investment in Europe, cybersecurity compliance requirements, and the impact of the Biden administration on the industry.
We partnered with the American Bar Association to present on topics including the new Cyber Assessment and Cybersecurity Maturity Model Certification and the latest developments in cybersecurity litigation, and teamed with a governmental export center to present on the expansion of export controls relating to China, Russia, and Venezuela.