KippsDeSanto Report: Aerospace, Defense M&A Momentum to Continue in 2019

Eighty percent of 222 dealmakers who responded to a KippsDeSanto & Co. survey expect merger-and-acquisition activity in the aerospace, defense and government services markets to increase this year or remain the same as last year.

KippsDeSanto said Tuesday more than 60 percent of 2019 M&A Survey respondents were executive-level corporate or strategic buyers and the rest came from private equity groups.

“Through this report, we hope to present the market with a broader view of the underlying factors that drive the decision-making of dealmakers in these sectors,” Managing Director Bob Kipps said.

Managing Director Kevin DeSanto added that buyers and investors continue to see M&A efforts as business growth drivers.

You may also be interested in...

Defense Digital Acquisition and Modernization Forum

Expert Panel to Discuss DoD Strategies at GovConWire’s Defense Digital Acquisition and Modernization Forum

GovConWire’s Defense Digital Acquisition and Modernization Forum on Dec. 1 will feature an expert panel, composed of federal and industry leaders across the government contracting sector. The panel will address the DoD’s Software Acquisition Strategy, Defense Acquisition Workforce Development and the future of data and information technology modernization across agencies. To register for the Defense Digital Acquisition and Modernization Forum, as well as view upcoming opportunities, visit GovConWire’s Event Page.

The White House

Jake Sullivan Appointed National Security Adviser Under Biden Administration

Jake Sullivan, formerly deputy assistant to the president under the Barack Obama administration, has received appointment as national security adviser to President-elect Joe Biden. Sullivan is among the six key members of the incoming administration's foreign policy and national security team unveiled Monday.