Investment banking firm Evercore (NYSE: EVR) has released its September report, which highlights the market performance of several U.S. defense and government services companies.
The monthly update released by Evercore’s aerospace, defense and government services team shows the share performances, enterprise and equity values and operating metrics of several U.S. defense primes, including RTX (NYSE: RTX), Lockheed Martin (NYSE: LMT), Boeing (NYSE: BA), General Dynamics (NYSE: GD) and Northrop Grumman (NYSE: NOC).
The Evercore report also shows the last-12-month and year-to-date share price performances of defense electronics and government services vendors, including Leonardo DRS (Nasdaq: DRS), Kratos Defense and Security Solutions (Nasdaq: KTOS), Leidos (NYSE: LDOS), CACI International (NYSE: CACI), Booz Allen Hamilton (NYSE: BAH) and Science Applications International Corp. (NYSE: SAIC).
The monthly report lists the recent mergers and acquisitions in the aerospace, defense and government services sectors where Evercore served as an adviser, such as Accenture Federal Services’ acquisition of Cognosante in May to add specialized mission platforms and services to its capabilities.
The document also highlights Rheinmetall’s pending $950 million purchase of Loc Performance from Carlyle and TransDigm Group’s (NYSE: TDG) $1.4 billion purchase of Communications & Power Industries’ electron device business.
