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Global Aerospace And Defense M&A Deal Value Slips In Second Quarter, PwC Says

Cal Biesecker By
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Global Aerospace And Defense M&A Deal Value Slips In Second Quarter, PwC Says

The value of mergers and acquisitions (M&A) in the global aerospace and defense sector was down in the second quarter of 2015 versus a year ago and sequentially, although with the announcement in July that Lockheed Martin [LMT] has agreed to buy Sikorsky Aircraft from United Technologies Corp. [UTX], deal value for the year is already equal with 2014, according to a new analysis by consulting firm PwC.In the second quarter, announced deals were valued at $3.9 billion versus $13.2…

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