Five Years of Defence and Dual-Use Acquisitions in Europe (2020–2025) - 1
18 pages · PDF · 20 November 2025 · Licensed single-user copy, watermarked to the buyer
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About this report
Europe’s defence-technological landscape has been reshaped by a wave of acquisitions unlike anything seen in decades. Behind the headlines on spending increases lies a quieter but more decisive development: prime contractors are absorbing the capabilities that will determine Europe’s strategic position in the next decade.
Artificial intelligence, cyber security, autonomy, space systems, advanced materials and sensor technologies have all been folded into the portfolios of Europe’s largest defence firms, not through gradual internal development but through targeted, strategic M&A.
Key questions this report answers
- How have defence and dual-use acquisitions over 2020-2025 reshaped Europe's defence-technological landscape?
- Which capability areas (AI, cyber security, autonomy, space systems, advanced materials, sensors) have prime contractors absorbed through targeted M&A?
- Which actors are driving consolidation, and what does it mean for Europe's strategic position in the next decade?
- What are the implications of acquiring capability via strategic M&A rather than gradual internal development?
Who it's for
Strategy, corporate-development and investment teams that need an ecosystem-level view — budgets, industrial capacity and technology landscapes — before committing capital or capacity.
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Methodology, format & delivery
DFM reports are built from primary and official sources — TED procurement notices, CORDIS and the EU Funding & Tenders Portal, EIB operations, the NATO Innovation Fund portfolio, SIPRI data, official budget documents and company disclosures — read together with the underlying legal texts. Sources are cited in the document; it reflects them as of its publication date (20 November 2025). You receive a 18-page PDF, watermarked to you on every page, delivered on the confirmation page and by e-mail immediately after checkout (personal link valid 72 hours, up to 5 downloads). Guest checkout, single-user licence — Terms of Sale.
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