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The value of merger and acquisition (M&A) deals in the aerospace and defense (A&D) sector in 2015 hit a record $61.7 billion and well above the previous record of $41 billion set in 2007, the audit and consulting firm PwC says in its quarterly analysis of global M&A activity in the defense and aerospace sector.While deal volumes declined 20 percent in 2015 to 43 deals, the average deal size more than tripled to $1.4 billion compared to 2014, Chuck Marx,…
