Industry & Services >> Analyst Interviews >> October 9, 2015

A Cautious Outlook as Defense Space Enters Early Stages of M&A Cycle

DeNardi, Joseph W.
Joseph W. DeNardi is a Vice President in the transportation & logistics sector, covering airlines, and in the aerospace & defense sector, covering defense & government services at Stifel, Nicolaus & Co., Inc. Mr. DeNardi joined Stifel, Nicolaus & Co., Inc. in 2008 and is based out of the Baltimore office. Before launching coverage, Mr. DeNardi served as an Associate Analyst supporting the research of the aerospace, defense and government services industries. Mr. DeNardi is a graduate of the College of William and Mary and holds a master's degree in finance from Loyola University. Profile
TWST: Let's start with an introduction or overview of your coverage universe.

Mr. DeNardi: I personally cover the airline industry and defense also. When I started