The nature of mergers and acquisitions in the government market is changing and our 2024 roundup of closed transactions further illustrates that evolution toward technology-enabled capabilities, which are largely driven by software.Jean Stack and John Song, co-managing directors of the defense and government practice at the investment bank Baird & Co., join for this episode to discuss what drove transactions over the past year and what they expect in the year ahead.A new administration in the White House means there is plenty of change and uncertainty in the market.But as Stack and Song told Editor Nick Wakeman, these fundamentals of M&A activity will not change:Artificial intelligence, cloud and software-defined solutions are in hot demandPrivate equity buyers will continue to drive volumeStrategic buyers, including the public companies, will remain pickyAlso listen out for their predictions on how the coming year will shake out.

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