"We're seeing a lot of trends where it's the large players on the defense and aerospace side reviewing their portfolios," explains Vito Sperduto, managing director and head of the U.S. mergers and acquisitions group at RBC Capital Markets. Sperduto, who focuses on aerospace, defense and government services, discusses the driving forces behind A&D deals as well as the "new avenues for growth" that are being explored. - Sarah Hashim-Waris