Buyout Firms Pump Up Investment in Military Technology
Private-equity firms are increasing their investment in the defense sector, as changing U.S. defense priorities have opened new opportunities for buyout firms to invest in military technology.
Those firms invested $6.92 billion in 44 deals for U.S. companies in the aerospace and defense sector this year through Aug. 24, according to PitchBook Data Inc., a company that tracks private investment data. That dollar figure, representing less than eight months’ worth of investment, has already topped 2020’s $5.89 billion total,...
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