Mergers and acquisitions in the aerospace and defense sector still are expected to heat up, analysts say, despite the headwinds facing major business match-ups due to lingering uncertainty over long-term Pentagon and other U.S. federal agency budgets. "Defense M&A is facing a ‘perfect storm’ of pent-up demand, strong balance sheets and cash positions, and, most significantly, the necessity to consolidate in response to a contracting market," say analysts at ...
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