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Honeywell to acquire CAES

June 20, 2024SSN Staff

CHARLOTTE, N.C. — Honeywell has announced that it’s agreed to acquire CAES Systems Holdings LLC (CAES) from private equity firm Advent International for approximately $1.9 billion in an all-cash transaction. Honeywell said that this acquisition will enhance its defense technology solutions across land, sea, air and space, including new electromagnetic defense solutions for end-to-end radio frequency (RF) signal management. Combined, CAES' scalable offerings and Honeywell's...

Advent International, CAES Systems, Honeywell, Jim Currier, Mergers & Acquisitions, Mike Kahn, private equity, radio frequency (RF)