
Led by Harris Corp.’s [HRS] pending $5 billion acquisition of Exelis Inc. [XLS], aerospace and defense merger and acquisition (M&A) value in the first quarter of 2015 picked up in terms of overall deal value, although the number of deals slackened, according to the consulting firm PricewaterhouseCoopers (PwC).There were nine announced deals price at $50 million or more in the opening quarter worth a combined $8.5 billion versus 13 deals worth a total of $3.5 billion a year ago, PwC…