ABELIAN Security Council

Pulse synopses

All 25 monthly issues of the Industry Activity Pulse, Sep 2024 to Sep 2026, newest first: 421 named events in total. Each line has the month, the event count with the disclosed floor, and the one-line synopsis. Open an issue for the full deal list.

  • Sep 2026 · 80 events · ≥$18.27B. GE Aerospace’s $11.75B agreement for Consolidated Precision Products is most of a ≥$18.27B disclosed floor; without it the floor is ≥$6.52B. Space led the month’s 80 events with 18, from Stoke Space’s $1B Series E to Varda and EnduroSat, and the Department of War committed $450M to tungsten producer The Elmet Group.
  • Aug 2026 · 22 events · ≥$6.31B. Industrial-scale checks and a crowded strategic calendar: Hadrian's $1.37B, TTM's $1.1B for Epiq, Castelion's $1.05B package, and three public-market debuts. Missiles and sensing both hit their highest monthly counts in the archive.
  • Jul 2026 · 16 events · ≥$9.09B. ≥$9.09B — the second-largest dollar month in the archive — from Lockheed's $3.45B for Ultra Maritime and two European mega-rounds: Helsing at $1.8B and Quantum Systems at $1.2B.
  • Jun 2026 · 19 events · ≥$6.05B. Seven acquisitions and twelve financings: Motorola Solutions' $1.5B for D-Fend, Booz Allen's $720M for Ultra Mission Solutions, and Arcline buying twice. Europe's two largest drone and launch rounds arrived the same month.
  • May 2026 · 16 events · ≥$9.29B. The archive's biggest dollar month — ≥$9.29B, every amount disclosed — on Anduril's $5B Series H and Parker Hannifin's $2.55B carve-out of CIRCOR Aerospace.
  • Apr 2026 · 18 events · ≥$1.86B. Eighteen events, fifteen of them financings, under True Anomaly's $650M Series D for space-based interceptors; four $100M-plus rounds went to companies new to the tape.
  • Mar 2026 · 13 events · ≥$5.46B. Shield AI's $2B package and Saronic's $1.75B Series D — $3.75B into two autonomy companies — made March a two-deal month; the rest of the tape was mostly space.
  • Feb 2026 · 18 events · ≥$1.64B. Eighteen events but a ≥$1.64B floor: space took the three largest rounds, and Europe's interceptor startups (Frankenburg, TYTAN) raised $33M each on the same day.
  • Jan 2026 · 17 events · ≥$4.7B. Eight acquisitions in one month — the archive's M&A high until August — and a $1B government convertible preferred into L3Harris' missile-propulsion unit.
  • Dec 2025 · 11 events · ≥$5.69B. Space & Launch had its busiest month — five events led by CACI's $2.6B agreement for ARKA — and Howmet paid $1.8B for Consolidated Aerospace Manufacturing.
  • Nov 2025 · 14 events · ≥$5.77B. Sponsors bought the industrial base — Arcline's $2.2B Novaria and Tinicum's $1.45B TriMas Aerospace — while CHAOS Industries raised its third round in twelve months at $510M.
  • Oct 2025 · 9 events · ≥$1.73B. Firefly's $855M cash-and-stock purchase of SciTec, two months after its IPO, and Stoke Space's $510M Series D carried a nine-event month.
  • Sep 2025 · 8 events · ≥$704M. Eight financings and no M&A: Apex Space's $200M Series D five months after its Series C, and a $130M Series B for Auterion's drone-swarm software.
  • Aug 2025 · 11 events · ≥$1.24B. No M&A at all — the only such month in the archive — and two public-market exits: Firefly Aerospace's $868M Nasdaq IPO and Merlin's SPAC combination. The private tape was small and early.
  • Jul 2025 · 22 events · ≥$4.94B. Two European carve-outs — Leonardo's $1.95B for Iveco Defence Vehicles and Safran's $1.8B for Collins' actuation business — and the Defense Department's $400M preferred-equity stake in MP Materials. Underneath, the deepest seed cohort in the archive.
  • Jun 2025 · 19 events · ≥$5.99B. Anduril's $2.5B Series G and Helsing's $693M Series D made June the month late-stage venture went industrial-scale; 18 of 19 events were financings.
  • May 2025 · 29 events · ≥$6.27B. The busiest month in the archive — 29 events — anchored by Motorola Solutions' $4.4B purchase of Silvus Technologies. Twenty-five financings, most of them seed to Series B.
  • Apr 2025 · 15 events · ≥$1.14B. Fifteen events, but small ones: a ≥$1.14B floor with nothing above $260M. Space took the two largest rounds and a quarter of the count.
  • Mar 2025 · 10 events · ≥$733M. Counter-drone hardware drew the two big checks — Epirus' $250M Series D and Shield AI's $240M strategic round — while three of four acquisitions closed on undisclosed terms.
  • Feb 2025 · 11 events · ≥$3.96B. Two aerospace-components take-privates and Saronic's $600M Series C set the tone; the venture base was seed-to-B and mostly sensing and space.
  • Jan 2025 · 8 events · ≥$5.14B. Apollo's $3.6B take-private of Barnes Group and Redwire's $925M purchase of Edge Autonomy made January an acquirers' month; every one of the eight events was a US company.
  • Dec 2024 · 7 events · ≥$1.32B. Seven events and a ≥$1.32B floor split three ways: a private-equity platform in offensive cyber, a public eVTOL maker raising for a defense program, and quantum-era software. The venture base was thin.
  • Nov 2024 · 8 events · ≥$5.55B. AeroVironment's $4.1B all-stock agreement for BlueHalo made November the archive's first multi-billion month; behind it, five rounds of $74M–$175M for drones, launch and sensing.
  • Oct 2024 · 8 events · ≥$268.6M. The quietest dollar month in the archive: eight events, ≥$269M disclosed, and no two in the same domain.
  • Sep 2024 · 12 events · ≥$1.58B. One acquisition carried the dollars — CACI's $1.27B agreement for Azure Summit Technology — while the deal count sat in early-stage autonomy and quantum sensing.

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