Macquarie Capital, the corporate advisory, capital markets and principal investment arm of Macquarie Group has appointed Timothy Alden as a managing director. Alden will co-head the firm’s aerospace, defense and government services coverage alongside co-head Jeremy Parker.

Alden has more than 20 years of experience in the aerospace, defense and government services sector. He has led a wide-range of mergers and acquisitions and financing transactions for both corporate and financial sponsor clients. He joins Macquarie Capital from Jefferies, where he led that firm’s coverage of aerospace, defense and federal companies. Before Jefferies, he held senior investment banking roles at Goldman Sachs.

Alden was also a commissioned aviation officer in the United States Army, piloting the Apache helicopter. He served in combat operations in Operation Enduring Freedom and other locations globally.

“Tim has the deep transaction experience, relationships and sector expertise to help us meaningfully expand our offering to aerospace, defense and government services clients,” said Michael Silverton, head of Macquarie Capital Americas, Europe and Asia. “We have been highly active in the space since 2016 under Jeremy’s leadership, supporting our corporate and sponsor clients and continue to see important connectivity between it and Macquarie Capital’s overall offering in areas such as industrials, services and software.”

Macquarie Capital advised CSRA on its $9.7 billion sale to General Dynamics, was financial advisor and joint bookrunner on The Carlyle Group’s acquisition of StandardAero and financial advisor and sole bookrunner on Veritas Capital’s $690 million acquisition of Peraton from Harris Corporation.

Alden’s appointment adds to Macquarie Capital’s growing global capabilities with recent appointments made across sectors (including Robert Bayer and Ajay Singh in industrials, Chris Rutherford in upstream oil and gas, Simon Russell in software, Magnus Scaddan in consumer and retail and John Katzenmeyer in financial technology), and emerging growth areas (Oliver Bradley in Digital Infrastructure).