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Fiscal Uncertainty Slows Mergers: Analysis

Defense Daily Staff

Friday, November 9th, 2012

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The fiscal uncertainty looming over the U.S. government and the possibility of budget sequestration has continued to slow mergers and acquisitions in the defense and aerospace industries, according to a report released yesterday by consulting firm PricewaterhouseCoopers (PwC). The pace of mergers and acquisitions for the first three quarters of 2012 has been below levels in the same period of last year as Congress has been unable to reach consensus on how to cut government spending, and because of the…

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