• 06-MAY-2011

  • By PwC

Global Aerospace & Defence Deal-Value and Volume Jump in the First Quarter of 2011, According to PwC

PricewaterhouseCoopers signage, London
Europe and the UK have taken the lead in the first quarter M&A deals activity according to the new PwC aerospace & defence report: Mission Control. In fact, the total number of deals announced in the first three months of this year is the highest first quarter total for the global A&D sector in at least 30 years. 2010 saw $20bn worth of deals, nearly double that of 2009, meaning the aerospace and defence industry is enjoying a robust period of mergers and acquisitions with the UK and Europe taking the lion's share so far. Interestingly, Mission Control (PwC's quarterly analysis of M&A activity in the global A&D sector) shows that securing talent and retaining crucial staff when M&A deals happen is core to their overall and future success.