We are pleased to present our Market Commentary report highlighting key developments in the European Aerospace & Defence sector in the first half of 2024

Key take-aways:

• Defence Super-cycle: Continuing geo-political tensions, and increasing Govt. defence spending boosted European defence stocks to new heights

• Rising market valuations, coupled with strict investment criteria of some financial investors held back defence deal flow in Europe in H1 2024

• Supply-chain issues pose biggest risk to the aviation industry, freshly recovered from the COVID-19 downturn