DEFENSE IS GOING GREAT GUNS

摘要

On May 16, the Carlyle Group, a leading private equity firm, announced plans to buy a majority stake in Booz Allen Hamilton's U.S. govern-ment consulting business-much of it involving military and security work-for $2.54 billion. It's further confirmation that defense dealmaking is picking up. About $8 billion worth of industry deals have been announced in recent weeks (table). On May 20, European Aeronautics Defence & Space CEO Louis Gallois said the Franco-German group, which already has done U.S. deals, is shopping for more. And why not? The weaker dollar makes U.S. defense companies tantalizingly cheap to European rivals.