LMIA is absolutely on the radar screen as a takeover target........its a ongoing theme in the Industry.





CREDIT SUISSE STATES........

http://www.guardian.co.uk/business/marke...

"" "Consolidation of aerospace suppliers is an ongoing theme across the industry and we see Meggitt as one of the best prizes in the industry. It has market leading positions in its niches, coupled with high returns and high barriers to entry. A major issue for the company is very high leverage, but that would be removed by an acquirer."

Cobham, 3.1p higher at 218.2p, and Ultra Electronics, up 8p at £13.58, may also be on the radar of larger companies, while the bank thinks BAE Systems, 1.1p better at 344.2p, may be one of the major acquirers:

"BAE Systems is effectively ungeared and has had a very strong record for acquisitions. The company is likely to continue to expand its product and service model with deals possible in defence electronics, security, intelligence and support services/maintenance markets