Despite some economic headwinds, the global aerospace industry remains resilient driven by both continued strong demand in the civil market, and a notable pick-up in defence expenditure in response to increasing global security concerns.
We take a closer look at what is happening in the different aircraft markets, including commercial aircraft, gulf carriers, defence, business jets, helicopter, freight, engines, air frames and unmanned aerial vehicles.
Continued consolidation of the supply chain remains a key driver of M&A activity. 2015 was a strong year with 102 deals recorded across the industry. Deal value reached its highest ever level in 2015 thanks to two huge transactions – Berkshire Hathaway’s €32.3bn acquisition of Precision Castparts, and Lockheed Martin’s €8.1bn purchase of Sikorsky from United Technologies. Strong deal volumes have continued into 2016 with trade and private equity acquirers very active.
Our international industrials team has completed numerous mandates which have provided unrivalled relationships with global industrials groups and financial sponsors active in the sector. The team comprises experienced professionals in Europe, North America and Asia and is complimented by high-profile senior advisors who are all former top-tier executives from the industry with relevant product knowledge and a far-reaching network of contacts.