This report analyzes the disruptive themes that have driven M&A activity in Q3 2025 in the ADS Sector.
The global ADS market in Q3 2025 witnessed deals worth $4 billion, a decline of 88% compared to Q3 2024. The sector recorded deal value worth $2 billion mega-deals (defined as any deal valued at more than $1 billion), a decrease of 93% compared to Q3 2024.
The global ADS market in Q3 2025 witnessed deals worth $4 billion, a decline of 88% compared to Q3 2024. The sector recorded deal value worth $2 billion mega-deals (defined as any deal valued at more than $1 billion), a decrease of 93% compared to Q3 2024.
Report Scope
- This report provides an overview of merger and acquisition activity globally in Q3 2025 in the ADS Sector
- It identifies the themes driving most notable to deals announced in Q3 2025 in the ADS Sector
Reasons to Buy
- Companies who invest in the right themes become success stories; those who miss the big themes end up as failures. If you want to understand the themes that drive an industry, simply look at the list of recent mergers and acquisitions (M&A).
- In this report we have listed down the most notable deals in ADS sector to make it easy for our clients to get a view of themes disrupting the sector and prepare for the future.
Table of Contents
- Executive Summary
- Review of the ADS M&A Market - Q3 2025
- ADS M&A Deals Analysis by Geography - Q3 2025
- Further Reading
- Report Authors
- Appendix 1: Deal Selection Criteria
- Appendix 2: Thematic Research Methodology
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Leonardo SpA
- Advent International Corp
- General Electric Co
- iG TECH II. Private Equity Fund
- IG TECH III Private Equity Fund
- Sullivan Street Partners Ltd.
- Destinus SA
- Composites Technology Research Malaysia Sdn Bhd
- Theon International Plc
- Carco PRP LTD
- Flat Capital AB
- Sichuan Capital Market Relief Development Securities Investment Fund Partnership
- V2X Inc
- Undisclosed
- Dassault Aviation SA
- Hanza AB
- Jeong Il-seon
- Astronics Corp
- FAE Technology SpA
- ADT Security Australia
- USPACE Technology Group Ltd
- Astra Veicoli Industriali SpA
- IVECO Defence Vehicles Spa
- Coherent
- BETA Technologies, Inc.
- 4iG Space and Defence Technologies
- Senior
- Daedalean AG
- Spirit AeroSystems Holdings
- Kappa optronics GmbH
- SKF
- Defensor Group AB
- Chengdu JOUAV Automation Tech Co Ltd
- QinetiQ Group
- Baines Simmons Limited
- KENYON INTERNATIONAL EMERGENCY SERVICES, INC.
- Redline Assured Security Ltd
- Dassault Reliance Aerospace
- Milectria Est OU
- Milectria Middle East Cables LLC
- Milectria Oy
- Hyundai BNG Steel Co Ltd
- Envoy Aerospace LLC
- Kayser Italia SRL
- Western Advance Pty Ltd
- Aspace Satellite Technology Ltd
