Aerospace & Defense 2021 Year in Review

2021 was another year of continued growth at Cowen and for the Industrials group in particular. Industrials related activity included advising on 62 M&A and financing transactions equating to $15 billion in total M&A transaction value and $10 billion in total capital raised.

Download Cowen’s 2021 annual review of Aerospace & Defense industry trends below.

In this year’s review we highlight the following areas:

• Recovering Aerospace sector
• Trends driving Defense budget activity
• Increasingly favorable M&A environment
• Significant capital markets and SPAC activity
• Disruption in the Space, Air Mobility, and Defense Technology segments