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

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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