CAES Systems Archives - Defense Arabia

Honeywell to buy CAES Systems for $1.9 billion

June 24, 2024

Honeywell is in the process off acquiring defence electronics specialist CAES Systems Holdings in an all-cash deal. The transaction is expected to close in the second half of 2024. CAES, which is based in Virginia, […]

Honeywell Expands Defense Portfolio With $1.9 Billion CAES Systems Purchase

June 21, 2024

Honeywell International (HON) shares rose Thursday as the conglomerate announced it was buying aerospace and defense contractor CAES Systems Holdings from private equity firm Advent International for about $1.9 billion. Honeywell said the all-cash deal “will enhance Honeywell’s defense […]