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Honeywell Expands Defense Portfolio With $1.9 Billion CAES Systems Purchase
HONHoneywell(HON) Investopedia·2024-06-21 03:00

Key Takeaways Honeywell said the all-cash deal "will enhance Honeywell's defense technology solutions across land, sea, air and space, including new electromagnetic defense solutions for end-to-end radio frequency (RF) signal management." CAES Adds Potential for 'Continued Growth' Chief Executive Officer (CEO) Vimal Kapur said that the addition of CAES will advance Honeywell's position "at the forefront of the defense industry's most dynamic sectors and sets the tempo for continued growth across our aerospa ...