What Happened
Industry Growth Prospects Strengthened By Strategic Mergers
The Zacks Aerospace-Defense Equipment industry remains supported by strategic M&A activity and resilient air-travel demand, despite persistent supply-chain constraints. Recent acquisitions, such as HEICO’s acquisition of Cook Defence Systems, are expanding product offerings and capabilities. Global air passenger demand is expected to grow 2.1% year over year in 2026, according to the International Air Transport Association. This growth may increase demand for replacement parts and other equipment, benefiting companies like HEICO, ATI, and AAR Corp. The article was originally published on Zacks Investment Research.