Honeywell to Acquire CAES for $1.9B in Cash; Vimal Kapur & Mike Kahn Quoted
Honeywell will purchase CAES Systems Holdings from private equity firm Advent International for approximately $1.9 billion in an effort to enhance its defense technologies in air, land, sea and space domains. The all-cash transaction will bring CAES’ radio frequency technologies, skilled engineers and automated facilities to Honeywell and help the latter expand aerospace expertise and […] More