Aerospace & Defense

Aerospace and defense includes defense primes and their supplier base, space and satellite systems, and government technology contractors. Spending is driven by defense budgets, allied procurement commitments, and modernization of aging platforms, while commercial aerospace tracks air traffic and fleet replacement cycles. Supply chain constraints, particularly in castings, forgings, and propulsion, continue to limit delivery rates across both. Government contracts provide multi-year revenue visibility, which makes capital markets activity steadier than in most sectors, though it concentrates around budget authorizations and program awards. Elevated geopolitical tension and sustained investment in space and autonomous systems have drawn new entrants into a supplier base that had been consolidating. A.G.P. supports aerospace and defense companies through equity and debt financing, M&A advisory, and research coverage.