According to data collected by GlobalData, three aerospace, defence and security deals took place in the second working week of January, including Aerovironment’s $405m purchase of Arcturus UAV and Hanwha Aerospace’s acquisition of a 30% stake in Satrec.

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In the week of 3 January to 9 December 2021, 93 aerospace, defence and security (ADS) companies posted 4,281 new jobs, according to the GlobalData jobs analytics tool. This represents an increase of 3,345 jobs, or 357%, on the previous week’s total of just 936, probably due to the Christmas recruiting lull.

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In the first working week of January, aerospace, defence and security deals tracked by GlobalData were down 15% compared to the same period for the previous year; six deals were recorded including the acquisition of TMC Design by LinQuest.

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TransDigm Group, the $31 billion US aerospace supplier, set the defence industry alight when it revealed it had bought the communications and navigation division of British aerospace manufacturing company Cobham for $965 million in cash.   TransDigm, which makes components, systems and sub-systems for use on commercial and military aircraft, is looking to add a …

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