Honeywell today announced the completion of its acquisition of CAES Systems Holdings LLC from private equity firm Advent International for approximately $1.9 billion in an all-cash transaction. The acquisition enhances Honeywell's defense technology solutions across land, sea, air and space and is also expected to create favorable tailwinds for growth across Honeywell's Aerospace Technologies business.
CAES expands Honeywell's current defense and space portfolio with scalable offerings that enable Honeywell to both increase production and upgrade positions on critical platforms that include F-35, EA-18G, AMRAAM and GMLRS. Honeywell will also benefit from the ability to introduce its existing offerings on new platforms, such as the Navy Radar (SPY-6) and UAS and C-UAS technologies.
"Honeywell's acquisition of CAES builds on our leading position in defense technologies, while also strengthening and expanding the solutions and capabilities we can offer across multiple critical military platforms," said Honeywell Aerospace Technologies President and CEO Jim Currier. "Together with CAES, we will continue to set the standard for excellence in the industry and deliver specialized solutions that will keep our customers at the forefront of innovation."
CAES marks the fourth transaction Honeywell has announced this year as part of its disciplined capital deployment strategy. It follows Honeywell's recent completion of its acquisition of Carrier's Global Access Solutions business in June 2024. The company is focused on high-return acquisitions that will drive future growth across its portfolio, which is aligned with the three compelling megatrends of automation, the future of aviation and energy transition.
Honeywell is an integrated operating company serving a broad range of industries and geographies around the world. Our business is aligned with three powerful megatrends – automation, the future of aviation and energy transition – underpinned by our Honeywell Accelerator operating system and Honeywell Forge IoT platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations through our Aerospace Technologies, Industrial Automation, Building Automation and Energy and Sustainability Solutions business segments that help make the world smarter, safer and more sustainable.
Contact details from our directory: | |
Honeywell Aerospace | Air Conditioning Equipment, Air Conditioning Equipment, Magnetometers, Cockpit Printers, Airborne Communication Systems, Cooling Systems, Cargo Systems, Airspeed Indicators, WAAS Equipment, Starter Generators, Bleed Air Systems, Air Purification Systems, Flight Management Systems, Engine Parts, Pneumatic Systems Equipment, Automatic Flight Control Systems, Inertial Components & Systems, Multi-Mode Receivers (MMR), Auxiliary Power Units, Cabin Pressure Control Systems, Autopilots, Cockpit Control Systems, Avionics Management Systems, Automatic Direction Finders, Distance Measuring Equipment, Transceivers, VOR (Omnirange) Receivers, Radio Communications Equipment, GPS, Attitude and Heading Reference Systems, Radar/Radio Altimeters, Terrain Awareness and Warning Systems, Horizontal Situation Indicator, Heading Indicators, Onboard Intercom Systems, Electronic Flight Instrument Systems, Flight Recorders, Collision Avoidance Systems/TCAS, Fly-by-Wire Systems, Air Data Computers, Cabin Management Systems, Weather Mapping Radar, Emergency Locator Transmitters, Radar Transponders, IFF Interrogators, Glide Slope Receivers, Weapons Countermeasures, LCD Displays, Moving Maps, Enhanced Vision Systems (EVS), Inflight Entertainment, Angle of Attack Indicators, Proximity Sensors, Testing Services, Environmental Testing Services, Electromagnetic Test Services, Electric Power Controllers, Cockpit Video Displays, Fibre Optic Gyroscopes, Fuel Tanks & Systems, Precoolers |
CAES (Cobham Advanced Electronic Solutions) | Test Sets, Test Equipment, Spectrum Analysers, Microwave Testing, Signal Generator Test Equipment, Electronic Components, Power Conversion Equipment |
CAES (Cobham Microelectronic Solutions) | Microwave Components, Frequency/Phase Detectors |
CAES (Cobham Semiconductor Solutions) | Radiation Shielding, Circuits, Electronic Components |
CAES (Cobham Signal & Control Solutions) | Microwave Switches, Microwave Amplifiers, Microwave Components, Radio & Intermediate Freq. Amplifiers |
Colorado Engineering Inc. (CAES APD) | Radio Frequency Management Systems, Printed Circuit Boards, Electronic Components |
Related aircraft programs: |
Lockheed Martin F-35 Lightning II |
Boeing F/A-18 Super Hornet |
Related directory sectors: |
Communications (Airborne) |
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