Baird Defense & Government 2025 Mid-Year Update
DefenseTech and Tech-Enabled Companies Make Strategic Moves
Despite the bumpy first half of the year for the Defense & Government sector, Baird remained active executing 8 M&A transactions, 3 equity capital raises, and 1 debt financing totaling $4.2 billion in aggregate value.
Baird’s Defense & Government transactions reflect the broader industry thematics including prioritization of space as a critical warfighting domain; continued investments in electronic warfare and offensive cyber; and the rise of strategic programs such as the Golden Dome.
With market tailwinds in the DoD budget, increasing European spending, and the need for recapitalization and innovation, we anticipate an acceleration of M&A and equity capital market activity in back half of the year.
We welcome the opportunity to collaborate and discuss how Baird’s Defense & Government team can assist your business growth and strategic objectives.
Select Defense & Government Transactions
