Aerospace and Defense Update: Second Quarter 2011

Deloitte Corporate Finance LLC


Aerospace & Defense Update

This quarter’s Aerospace & Defense Update, produced by Deloitte Corporate Finance LLC (DCF),summarizes the most recent transactions within this industry along with information on the most active buyers, current transaction valuation multiples and an overview of the public market’s perception of the industry.

Highlights include:

  • India is poised to become one of the largest importers of military equipment in the world over the next few years and is planning to purchase approximately $30-$40 billion worth of new equipment in the next decade.
  • India is now among the top 10 countries in terms of national defense spending and is forecasted to have the second largest increase in spending from 2010-2014.
  • As India seeks to bolster its domestic industry and Western companies explore taking part in that future growth, we expect M&A activity between India and the U.S. to increase from today’s relatively low levels (outside of OEM joint ventures).

Download the Aerospace & Defense Update below.