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Aerospace and Defense Mergers Peaked In 2011

Defense Daily Staff

Wednesday, February 8th, 2012

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Acquisitions and mergers in the global defense and aerospace industry reached a record level last year, with six “mega” deals driving the market that topped $43 billion, according to a private study by a business consulting firm released yesterday. The $43.7 billion aggregate valued deals in in 2011 included 341 mergers and acquisitions, led by United Technologies [UTX] $16 billion-takeover of Goodrich [GR], the Pricewaterhouse Coopers (PwC) report said. Before last year, 2007 was the largest in terms of value…

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