NEW REALITY: Business spin-offs and divestitures — like Northrop Grumman’s recent shedding of its shipbuilding unit — will become even more prevalent among aerospace and defense (A&D) companies as they focus on rebalancing their portfolios during a period of slower organic growth, according to consultants at PricewaterhouseCoopers’s A&D practice. Meanwhile, defense-related revenue is expected to be “fairly” consistent with 2010 levels although profits should be “modestly” higher as ...


"PwC Study Sees More A&D Spin-offs, Impact Of Flat Budgets" is Premium Content. Subscribing will provide full access to this article as well as the opportunity to access:
-- Critical intelligence on the global aviation, aerospace & defense industries
-- Consolidated, comprehensive coverage of the programs and technologies shaping the industry
-- And much more…

Already registered? here.