🚀 My 2025 Defense Tech M&A Playbook: The Top Startups Lockheed & RTX Are Eyeing in a $420B Defense Boom

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I’m excited to break down why defense tech startups are a hot ticket right now. The U.S. Department of Defense (DoD) is pouring billions into innovation to counter rising geopolitical tensions, with a focus on AI, autonomy, and space tech. Lockheed Martin and RTX, the big dogs, are hunting for startups to bolster their portfolios, especially those with dual-use tech (military and commercial applications). According to PwC, A&D M&A is booming in 2025, driven by strong cash flows and a push for emerging tech. The global defense platforms market is projected to hit $420.8 billion by 2032, growing 4.65% annually, per MarketResearchFuture. Startups with proven contracts, strong IP, and scalable tech are prime targets. For you premium investors, this scorecard will help you spot the ones Lockheed and RTX can’t resist.