Market commentary and news from the Secure Strategy Group team.
SSG’s second Defense Subsector Report is a deep dive into Aerospace Components — the largest and best-performing segment of the SSG Small-Cap Defense Index, up +43.1% year to date through July versus +9.6% for the full Index. Covers 28 closed M&A transactions, valuation compression, and the qualified-capacity dynamics driving consolidation across structures, forgings, propulsion, and specialty materials.
Read the highlights → · Download PDF →SSG’s latest market intelligence report reviews first-half 2026 defense deals and small-cap defense stock performance: 43 closed M&A transactions, 40 equity raises, and 6 debt financings totaling ~$5.6 billion, plus a SSG Small-Cap Defense Index return of +25.0% YTD versus +0.6% for the Big Five primes.
Read the highlights → · Download PDF →SSG offers insights in its new Defense Stock Index & Deal Tracker, showing small-cap defense companies have outperformed the “Big Five” primes over the last year amid growing defense budgets and pressure on primes to improve production capacity and innovation.
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