The 220,000+ companies that contract with the Department of Defense will soon face a significantly expanded regulatory framework—known as CMMC 2.0—designed to thwart increased cyber threats and secure the defense industrial base. This expansion will drive substantial growth for third parties assisting contractors with regulatory compliance, a market that is projected to rapidly scale from $56 million to $3.5 billion by 2031.

This regulatory sea change will provide attractive investment opportunities in the third-party universe, as outlined in the following article by William Blair’s Aerospace, Defense, and Government Services team in collaboration with Arnovia, a premier provider of transaction and growth strategy services to the aerospace, defense, and government services markets.

Other key takeaways:

  • How the global cyber threat landscape continues to evolve
  • What the new regulatory reality will mean for defense contractors
  • A closer look at how third parties will grow under CMMC 2.0