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Aerospace And Defense Deal Values Up In 2019 Despite Dip In Volume, PwC Says

Cal Biesecker By
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Aerospace And Defense Deal Values Up In 2019 Despite Dip In Volume, PwC Says

The overall value of mergers and acquisitions (M&A) deal activity in the global aerospace and defense sector in 2019 was up sharply in 2019 due to the pending combination of United Technologies [UTX] and Raytheon [RTN] although there were slightly fewer deals than in 2018, PwC says in its year-end review and analysis of M&A activity. PwC also provides an outlook for M&A activity in the sector, suggesting continued strength. Deal value was up 62 percent to $93.8 billion in…

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