Honeywell (HON) to Acquire CAES for $1.9B Cash

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HONEYWELL TO ACQUIRE CAES TO ENHANCE DEFENSE TECHNOLOGIES ACROSS LAND, SEA, AIR AND SPACE

June 20, 2024 7:00 AM EDT

CAES' high-reliability radio frequency technologies will help drive long-term growth and further diversify revenue streams on leading defense platforms

Additional highly skilled engineers and automated facilities will deepen Honeywell's aerospace expertise and operations, strengthen offerings for customers

CAES' established positions across leading U.S. military platforms provide significant opportunities for international growth

CHARLOTTE, N.C., June 20, 2024 /PRNewswire/ -- Honeywell... More