What Happened
Defense Department Support Crucial for Private Capital Inflows
The US Defense Department’s strong support for efforts to attract private capital is crucial for building competitiveness and resilience in the defense and aerospace sectors. As noted by aerospace investment banker Stephen Perry, initial public offering activity in these sectors has been burgeoning. According to Byron Callan, managing director at Capital Alpha Partners, Pentagon action is needed to facilitate institutional investors’ involvement. This development was reported by Aviation Week.