Aerospace, defense earnings returned to pre-pandemic levels in 2021

Continued growth expected in space and cybersecurity sectors

A Falcon 9 rocket carrying a GPS III-5 satellite into orbit launches from LC-40 at Cape Canaveral Space Force Station, Fla., June 17, 2021. The GPS III satellites have signals three times more accurate than the current generation of satellites and eight times the jamming resistance. Source: U.S. Space Force

Earnings for aerospace and defense companies returned to pre-pandemic levels in 2021, driven largely by the strength of technology and defense subsectors. Overall industry company earnings increased 22% in 2021, according to a new report by Capstone Partners. Merger and acquisitions (M&A) activity also returned to pre-pandemic levels with a 50% increase in the number […]

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