Blog » Archive by category 'Mergers & Acquisitions' (Page 3)

Industry Week in Review – January 20, 2017

On Friday, the Senate confirmed General James Mattis to be the new Secretary of Defense hours after President Donald Trump’s inauguration. Earlier that day, Trump signed legislation granting Mattis a one-time exemption from the law requiring the Secretary of Defense to not be employed by the armed services for at least seven years.

Read More »

Industry Week in Review – January 13, 2017

Earlier this week, the Senate began confirmation hearings to vet President-elect Donald Trump’s Cabinet nominees. General James Mattis, the Secretary of Defense nominee, received broad bipartisan support after taking a strong stance against Russia and vowing his support for the Iran nuclear agreement. General John F. Kelly, Trump’s nominee for Secretary of Homeland Security, also received widespread support after insisting that his top priority would be to secure the southern border.

Read More »

Industry Week in Review – January 6, 2017

President Elect Trump has made strong remarks about indicating a desire to increase the U.S. Navy’s ship count by 28%, from its current 274 to 350. Based on these remarks, the U.S. Navy stands to be a substantial ‘winner’ in gaining additional funding in the coming years. Trump’s recent comment referring to China as an enemy of the U.S. would create an increased need for a strong presence in the Pacific Ocean.

Read More »

Industry Week in Review – December 30, 2016

Since October 1st, the United States has already eclipsed the GFY2016’s total foreign weapon sales by almost $12 billion, bringing the total to $45.2 billion. The sharp increase can be attributed to 72 F-15s sold to Qatar and 32 F-18s sold to Kuwait.

Read More »

Industry Week in Review – December 23, 2016

On Wednesday, President-Elect Donald Trump met with Boeing CEO, Dennis Muilenburg, and Lockheed Martin CEO, Marillyn Hewson, to discuss cost reductions to Air Force One and F-35 fighter jets. Both aircraft manufacturers came under fire earlier this month after Trump tweeted that the costs for those aircraft are ”out of control”.

Read More »

Industry Week in Review – December 16, 2016

Boeing recently announced that it will move its’ Defense, Space, & Security business unit headquarters from St. Louis, Missouri to the Washington, D.C. area next year. While only ~12 individuals from the senior leadership team will initially be transferred to the new headquarters,

Read More »

Industry Week in Review – December 9, 2016

After months of culminating dissent between Defense Secretary Ash Carter and Navy Secretary Ray Mabus about naval procurement strategy, the Navy has rejected the Pentagon’s proposed $17 billion in budget cuts over the next five years. Pentagon leaders want funding allocated more to weapon systems, aircraft and less on ship procurement.

Read More »

Industry Week in Review – December 2, 2016

The U.S. House of Representatives and Senate have agreed on a $619 billion defense budget for 2017, which will be finalized with votes over the next week. This bill marks a $3.2 billion increase over President Obama’s budget request. Democrats had pushed for an equal increase in domestic spending, but the provision was not accepted.

Read More »

  • Recent Posts

  • Authors

    photo

    Robert D. Kipps

    Mr. Kipps has over 20 years of experience in providing transaction advisory....

    photo

    Kevin P. DeSanto

    Mr. DeSanto has a broad base of experience in providing transaction advis...

    photo

    Michael J. Misantone

    Mr. Misantone has a broad base of advisory experience in the aerospace, defense, and...

    photo

    Karl M. Schmidt

    Mr. Schmidt is a Managing Director at KippsDeSanto & Co., with vast exp...

    photo

    Marc B. Marlin

    Mr. Marlin has a broad base of experience in providing transaction advisory services...

    photo

    Jon Yim

    Mr. Yim is a Director at KippsDeSanto & Co., with a broad base of experience...

    photo

    George “Toby” F. Albright, III

    Mr. Albright is a Director at KippsDeSanto & Co., with a broad base...

    photo

    Robert G. Dowling

    Mr. Dowling has a broad base of experience in providing transaction advisory...

  • Archives