Cronus Partners LLC, an independent investment banking firm providing financial and strategic advisory services, is pleased to announce the success of our first Aerospace and Defense Breakfast of 2010, on the topic “What is Ahead: The Aviation and Aerospace Outlook for 2010”. The event, one in a series of events covering the sector, was held today at the Hartford Club in Hartford, Connecticut and attracted a wide audience of aerospace and defense companies and firms in the banking and legal community affiliated with the industry.
Jeffrey S. Rubin, Managing Director, and Joseph H. Lubenstein, Director, Aerospace and Defense (A&D), both of Cronus Partners, presented snapshots of the financial markets and A&D sector performance.
Dr. Sonny Barr, senior author of the Aerospace Economic Report and Outlook for 2010 (“AERO 2010”), presented an overview of the report. Dr. Barr is the Senior Aerospace Economist at Embry-Riddle Aeronautical University-Worldwide (ERAU-W). AERO 2010 is a comprehensive analysis of the industry, including hundreds of data sources on the commercial- and defense-based U.S. and global aerospace and aviation manufacturing industry. Nearly every major government agency provided data; over 100 industrial firms dealing with aerospace are analyzed, and most aircraft in service or soon to be in service are compared for efficiency. Included are issues from the impact of cap and trade to the economic outlook for each state and region to the future of OEMs, primes as well as small- to medium-sized aerospace firms. A copy of the 270-page report has been published by ERAU-W.
About Cronus Partners
Advising on mergers, acquisitions, divestitures, sales, and private placement financings, Cronus Partners is an independent investment banking firm that provides investment banking and financial advisory services. The clients of the firm are publicly traded or privately owned companies that engage in middle-market transactions domestically or internationally. Our advisory services are distinguished by a disciplined evaluation of client objectives and competencies and a commitment to the successful execution of strategic corporate transactions.
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