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PwC Report: Global Aerospace and Defense M&A Deal Value Reached $4B in Q1 2019

A new PwC report says the value of global mergers and acquisitions in the aerospace and defense sector was $4B in the first quarter of 2019, down 73 percent from the prior year period and 45 percent lower than the 10-year average. PwC said the number of M&A deals in the A&D …

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PwC, IBM Vet Maria-Paz Barrientos Joins Deloitte’s Federal Health Business

Maria-Paz Barrientos, formerly a vice president and partner at IBM (NYSE: IBM), has been appointed managing director of federal health at Deloitte, G2Xchange Health reported Tuesday. She assumed her new role after a 17-year career at IBM and with more than two decades of experience in enterprise-wide transformation efforts and …

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PwC: Aerospace, Defense Sector Recorded $57.8B in 2018 M&A Deal Value

A new PwC report says the value of mergers and acquisitions in the aerospace and defense sector worldwide reached $57.8B in 2018, reflecting a 19 percent drop from the previous year. Despite the decline, PwC said the deal value in 2018 was 83 percent higher than the 10-year average and the third largest in …

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PwC: Aerospace, Defense M&A Deal Value Hit $24.2B in First Half of 2018

A new PwC report says the value of merger and acquisition deals in the global aerospace and defense industry reached $24.2 billion during the first half of 2018, a figure that reflects a 30 percent rise over the same period last year. PwC said the number of M&A transactions in the A&D sector dropped by 17 …

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Deborah Ricci Joins Veritas-Owned PwC Public Sector as CFO; Scott McIntyre Comments

Deborah Ricci, formerly chief financial officer of Constellis, has been appointed to the same role at PwC’s former public sector arm that New York-based private equity firm Veritas Capital acquired in May. She brings to her position 25 years of finance, accounting, contracts, information technology and human resources management experience …

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PwC, Leidos Vet Bettina Garcia Welsh Joins LMI as CFO

Bettina Garcia Welsh, formerly senior vice president and chief audit executive of Leidos (NYSE: LDOS), has joined LMI as chief financial officer at the Tysons, Va.-based nonprofit management consulting firm. The three-decade finance veteran will oversee LMI’s financial operations and support its growth strategy, risk management process and mergers and acquisitions activities. the company said Wednesday. …

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PwC: Aerospace & Defense Industry Reported $728B in 2017 Revenue

A new PwC report says the aerospace and defense sector recorded $728 billion in 2017 revenue, reflecting a 4 percent increase from the previous year. PwC reported that A&D companies posted a combined operating profit of $77 billion in 2017 with an on operating margin of 10.6 percent, up from 9.3 percent in …

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