Sponsors are quick to spot opportunities as government budgets rewrite the investment case.

It’s the biggest IPO ever, and with unique circumstances putting extra pressure on its stock price, SpaceX is hoping to smooth it out through its lockup structure.

Operation Epic Fury reshaped PE/VC markets across aerospace, defense, energy, and construction. PitchBook breaks down winners, headwinds, and acquisition targets across seven sectors.

Investors just paid $28 billion for an aircraft lessor, but they wouldn’t write Spirit a $500 million rescue check.

The Q1 2026 Aerospace & Defense Report provides in-depth analysis of industry trends and evolving PE investment strategies, including deals data and maps of key PE-backed companies and investors.

The escalating conflict will accelerate winners and raise the bar for new entrants.

This analyst note examines how the Iran conflict’s heavy munitions use and rising defense budgets create multiyear replenishment demand and PE opportunities across the aerospace & defense supply chain.

VCs fear getting tangled in ‘supply chain risk’ designation.

Government spending commitments and policies mobilizing private capital in Europe helped to drive an increasing number of transactions in the sector.

The Q4 2025 Aerospace & Defense Report provides in-depth analysis of industry trends and evolving PE investment strategies, including deals data and maps of key PE-backed companies and investors.

Capital is continuing to flood into the sector as investors shake off tariffs and supply chain uncertainty.

Elon Musk attributed the merger of SpaceX and xAI to his ambition to power the AI revolution from space.

As geopolitical risks grow, larger companies are entering the vertical earlier to accelerate innovation.

VC interest in the sector is expected to accelerate this year as historic government spending increases drive return potential.

From rare earths and data centers to libertarian free state ambitions—the VC elite have a lot riding on the Arctic island’s fate.

The 2025 US Private Equity Momentum Report tracks new PE investments and exits across eight of the largest areas of the US economy covered by PitchBook’s research analysts.

PE dealmaking in commercial aerospace parts surged in 2025, driven by strong OEM backlogs and fleet growth. Major deals included Triumph Group, Novaria, and Jamco acquisitions, positioning 2026 to be a record year for the sector.

Our 2026 Industry PE Outlook forecasts trends that will shape PE-backed industries in the upcoming year.