2026 M&A Outlook: Aerospace & Defense in the Lower Middle Market

As we move into 2026, the M&A environment for lower middle market Aerospace & Defense (A&D) companies remains fundamentally strong—though increasingly selective. For privately held businesses providing manufacturing, engineering, and mission-critical services, buyer interest continues to be driven by long-term defense spending visibility, supply-chain re-shoring, and sustained geopolitical uncertainty. At the same time, valuation dispersion […]