M&A activity in the North American Aerospace and Defense sector for Q4 2013 through Jan. 23, 2014 included 48 deals announced or closed according to data provided by S&P Capital IQ. In recent years, M&A activity in the Aerospace and Defense sector has lagged amid uncertain government spending, which has kept sellers on the sidelines and buyers on the lookout for alternative places to invest their money. However, according to a report from the global consulting firm Deloitte, shrinking defense budgets and an uptick in commercial aircraft orders has led to consolidation in supply chains for both sectors, which should continue through 2014.
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