Aerospace & Defence Annual Deal Review

 

April 2009

 

Aerospace & Defence Deals* 2008 Annual Review

 

Merger and acquisitions activity in the global aerospace and defence industry

 

Formerly known as Flying High, Aerospace & Defence Deals* examines both the rationale behind the overall trends and looks at the key individual deals. It considers the year under review, the context of the preceding two years and looks ahead to the future direction of deal-making in the sector.

 

After flying high in previous years, aerospace and defence deal-making descended fast in 2008. Indeed, the last three months of the year saw activity virtually dry up as concerns about the financial and economic background worsened, civil aviation overcapacity fears hardened and the outlook for defence sector growth remained uncertain.