Opinion: How Private Equity Could Boost Aerospace For Next Super-Cycle

full-scale structural model of the Blue Ghost Lunar Lander
Private equity investor AE Industrial Partners this year bought rocket upstart Firefly Aerospace—which was working on a full-scale structural model of the Blue Ghost Lunar Lander (pictured) in June—catapulting the Texas company from a troubled startup to a so-called unicorn worth at least $1 billion.
Credit: Firefly Aerospace
The last two decades have seen a prolonged period of strong economic growth and a sustained demand super-cycle within the aerospace and defense sector. “Bigger is better” was the growth philosophy for the last two decades. The industry saw unprecedented growth in publicly traded Tier 1 and 2...

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