WT 360: A pulse check on GovCon’s capital market landscape
Dave Khalsa leads JP Morgan's defense and government technology investment banking team. JP Morgan photo.
By
Ross Wilkers
Dave Khalsa, head of mid-cap defense and government technology investment banking at J.P. Morgan, reviews the conditions and decisions shaping public offerings and all other transaction types across the sector.
The window for government contractors, especially those in defense and space technology, to go public is open again as several listings over the past 12 months show and SpaceX’s own offering this year will illustrate.
Dave Khalsa, head of mid-cap defense and government technology investment banking at J.P. Morgan, works on transactions of many different types and observes all of them to help companies in the market figure it all out.
In starting out this episode, Dave explains what all companies can take away from the handful of initial public offerings over the past 12 months and SpaceX’s listing. This is true of whether they plan to go down the IPO path or not.
The rest of the conversation between Dave and our Ross Wilkers focuses on how government priorities shape merger-and-acquisition activities by companies under different ownership models, including private equity and venture capital.
