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Strong Outlook For Aerospace and Defense Mergers, PwC reports

Defense Daily Staff Defense Daily Staff
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The second half of 2011 could be "very strong" for mergers and acquisitions in the aerospace and defense industry following a pace in the second quarter that largely resembled 2010 levels, a business consulting firm said yesterday. PricewaterhouseCoopers (PwC) said the second quarter of 2011 featured 13 deals worth $50 million or more for a combined $5.3 billion, roughly the same as the $5.2 billion in the same period last year. But deal volume for the first six months of…

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