Honeywell International Inc. (HON) has inked a deal to acquire CAES Systems Holdings LLC ("CAES") from private equity firm Advent International for about $1.9 billion in cash. The transaction will augment HON's defense technology offerings across various domains, including land, sea, air and space. Based in Arlington, VA, CAES is engaged in offering RF, microwave and millimeter wave solutions for missile defense radars, missile seekers and electronic warfare systems. The company has 13 facilities in North A ...