Deal activity by volume related to cloud decreased by 5% year-on-year in 2022 in the aerospace & defence industry

Analysis of the key themes driving deal activity reveals that cloud accounted for 91 aerospace & defence deals between 2018 and 2022, worth a total value of $16,016m, according to GlobalData’s Deals database covering mergers and acquisitions, private equity, venture financing, equity offerings and partnerships. The $136m venture financing issue by Iceye was the largest disclosed deal in 2022, while the $870m acquisition of Johnson Controls International by Silent-Aire was the largest disclosed deal in 2021.  

In volume terms, cloud-related deal activity decreased by 5% year-on-year in 2022 as well as 2021.  

Venture financing and acquisitions accounted for the highest number of deals in the last five years, with 35 deals each, followed by partnerships (7 deals), and mergers and equity offerings (5 deals each).

The top financial advisors supporting deals related to cloud in the aerospace & defence industry in the last five years in terms of value were Evercore, Macquarie Group, Stone Key Group, Jefferies, and Grant Thornton.

The top legal advisors supporting deals related to cloud in the aerospace & defence industry in the last five years in terms of value were Alston & Bird, Debevoise & Plimpton, Hogan Lovells International, Jenner & Block, and Paul, Weiss, Rifkind, Wharton & Garrison.

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.