Top A&D groups
Hey guys, prospective intern here interested in Aerospace & Defense IB. Wanted to ask if anyone had any knowledge on which banks are generally considered top in the A&D space.
Thanks!
Trending Content - Investment Banking Forum
| +370 | Evercore Intern Seizure | 54 | 14h |
| +71 | JPM M&A is Gone??? Purely Coverage Banking??? | 31 | 13h |
| +62 | Is DCM actually underrated ? | 24 | 1d |
| +51 | How do I understand vs. just memorizing? | 8 | 4h |
| +48 | Losing my personality in Banking | 9 | 1d |
| +47 | Are all Tech / TMT groups sweaty? | 38 | 1d |
| +42 | Associate & Above IB exits | 16 | 4d |
| +33 | Incoming IB Analyst: Best Ways to Prepare? | 11 | 5h |
| +27 | Which groups are ideal for laterals? | 12 | 1d |
| +24 | Thoughts on PEI Global Partners? | 4 | 1d |
Career Resources
Not sure on specifics, but I do know that Lazard LA is well known for A&D and PJT is on almost every satellite-related deal.
Other than that I would guess BBs lead the pack given the high cost of operations in A&D coupled with mostly old firms with long lending relationships.
f
Jefferies has been on some higher profile deals the last few years. Especially in lev loan/HY space. Pretty sure they closed their DC office recently tho.
Not sure about closing the DC office. Have seen tons of job postings for there recently
They have a decent sized A&D group in Charlotte that does well
Seabury Capital is an industry-specific boutique that is quite strong in A&D but can be a sweatshop from what I heard.
On the Raytheon - United Technologies merger last year Citi advised Raytheon and Morgan Stanley, Evercore and Goldman advised United Technologies.
I don't know if they have specific groups for A&D but I would imagine that they have some A&D MDs in their industrials groups, because most A&D businesses are quite similar to general industrials companies.
Citi’s industrials group is divided into three sub verticals. Basic materials, transportation, diversified industrials.
A&D is housed in diversified industrials and have A&D specific MDs.
~
In Europe - DB and JPM
Magni est commodi voluptatem repudiandae. Laborum vel asperiores explicabo libero. Exercitationem cumque laboriosam consequatur ad illum sequi quo sapiente.
Reprehenderit sint impedit exercitationem aut est. Ut magni quod dolor veniam quo suscipit autem natus. Labore iure sapiente sapiente tempora. Sunt provident dolores ut fugit quo accusantium.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...