Aerospace and Defense Industry

The aerospace and defense industry is composed of companies manufacturing defense products, such as military aircrafts, watercrafts, weaponry, and information systems, and companies manufacturing spacecrafts. Most of these products are purchased by federal governments for military purposes, or by federal space programs. The aerospace and defense industry faces an uphill climb as factors such as the global credit crisis, political uncertainty and volatility in the price of oil will each have a significant impact on the industry in the coming years.

Aerospace and Defense Experience

SFAS 141, SFAS 142, IFRS 3 and Tax

SAS 73 Review for Acquisition (SFAS 141) for a Global high-technology engineering and manufacturing company

Provided a global high-technology engineering and manufacturing company with SAS 73 review services for its SFAS 141 analysis prepared by a third party appraiser. The acquired company specializes in the manufacture of specialty energy absorption, industrial and aviation control and automation technology. The valuation review focused on the overall business, tangible assets and identified intangible assets including, customer relationships, technology, trade names and contracts.

SAS 73 Review for Acquisition (SFAS 141) for a Global high-technology engineering and manufacturing company

Provided a global high-technology engineering and manufacturing company with SAS 73 review services for its SFAS 141 analysis prepared by a third party appraiser. The acquired company specializes in the design and development of advanced systems at the center of the military's transformation to more secure and smarter defense capabilities. The valuation review focused on the overall business, tangible assets and identified intangible assets including contracts and technology.

SFAS 141, IFRS 3 and Tax (Legal Entity) Valuations for Multiple Acquisitions made by a Global Aerspace & Defense Company

Provided a global aerospace and defense company with valuation services in connection with a multi billion dollar acquisition. The target company was the aerospace electronics systems business of another global aerospace and defense company. We valued tangible and intangible assets as well as legal entities for the target company’s 14 separate locations.

SFAS 141, IFRS 3 and Tax (Legal Entity) Valuations for Multiple Acquisitions made by a Global Aerspace & Defense Company

Provided a purchase price allocation under guidance of SFAS 141 and IFRS 3, and US Tax with regards to the $500 million acquisition of a Control Systems business. The company designs, develops and produces full-authority digital engine controls for aircraft gas turbines engines as well as fly-by-wire flight control systems, vehicle management systems and other related airborne electronic systems. It also designs and manufactures space launch vehicle control systems and vehicle power drives.

SFAS 141, IFRS 3 and Tax (Legal Entity) Valuations for Multiple Acquisitions made by a Global Aerspace & Defense Company

Provided a purchase price allocation and insurable value study for the acquisition of a manufacturer of quality-crafted precision engineering components and assemblies for the aerospace and defense industry.

Determined the fair market value of a Manufacturer to the Aerospace Industry for purposes of transferring assets to China

The company is the world leader in the manufacture of high pressure aluminum and carbon composite gas cylinders, magnesium alloys, magnesium powders and magnesium products, zirconium chemicals and oxides, aluminum and composite super-plastically formed components.

Determined the fair market value of multiple acquisitions for a Global Steel and Aluminum Company

The company is one of the largest metals service center companies in the United States. Through a network of more than 180 locations in 37 states, Belgium, Canada, China, South Korea and the United Kingdom, the Company provides value-added metals processing services and distributes a full line of more than 100,000 metal products. Our scope of work included a SFAS 141 analysis and a Section 1060 allocation.