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Blackstone Bets Big on Defense: $20B Invested, More Coming
1 Oct
Summary
- Blackstone has invested $20 billion in defense and aerospace over five years.
- The firm anticipates an increase in investment scale and pace.
- Blackstone is forming a new defense-technology company with a $1 billion investment.
Blackstone Inc. has made substantial investments in the defense and aerospace industries over the past five years, totaling $20 billion. President Jon Gray indicated that the firm expects the scale and pace of these investments to grow considerably.
Further demonstrating this focus, Blackstone is allocating $1 billion to create a dedicated defense-technology company. This move aligns with increasing global attention on defense capabilities.
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