“We Just Sold a Business for 50 Times”: Defense Multiples Lift Space
· satnews.com · popularity 20/100 · 0 similar stories today · Military & Defense (Military & Maritime)
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Summary
KippsDeSanto’s Karl Schmidt says two recent munitions deals fetched 30 and 50 times EBITDA in a corner of defense that used to trade at six to eight, and defense multiples are lifting private space valuations.
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