Mergers and acquisitions (M&A) activity in the defense sec-tor has been at a standstill in 2013 in the over-$100 million category. There have been several noteworthy commercial acquisitions announced by companies with defense operations: Rockwell Collins said last month it is buying Arinc from Carlyle, and Alliant Techsystems is purchasing Caliber Co. from Norwest Equity Partners and Bushnell from MidOcean Partners. But heading into September, the number of defense deals with prices in excess of $100 million is easy to add up: zero.
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