Defense Mergers & Acquisitions Tallies $40 Billion in 2006 Deals; 2007 Sizzles With $25 Billion in Deals to Date

April 17 - PRNewswire - Worldwide defense and aerospace companies completed M&A deals worth more than $40 billion in 2006, reports "Defense Mergers & Acquisitions" in its year-end review. The year saw a total of 370 transactions completed. Stuart McCutchan, editor of the DM&A newsletter, commented: "Deal activity reached a level not seen since 1999's all-time high. Defense spending remains at historic highs, and the commercial aerospace marketplace is at full stride. Industry players are flush with cash, and private equity money is pouring into the marketplace." Read More.