:

Aerospace and Defense Mergers Peaked In 2011

Defense Daily Staff

Wednesday, February 8th, 2012

SHARE:

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…

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]

Congress

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]

Congress

Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]