HONEYWELL INTERNATIONAL INC acquires CAES Systems Holdings LLC (CAES)
Snapshot
HONEYWELL INTERNATIONAL INC acquired CAES Systems Holdings LLC (CAES) for $1,935 million (approximately $1.9 billion) in August 2024. The transaction was structured as all cash. CAES Systems Holdings LLC (CAES) is a United States-based Aerospace Technologies business.
- Acquirer
- HONEYWELL INTERNATIONAL INC
- Target
- CAES Systems Holdings LLC (CAES)
- Value
- $1,935 million (approximately $1.9 billion)
- Date
- August 2024
- Type
- full acquisition
- Status
- ready
The deal at a glance
About this deal
HONEYWELL INTERNATIONAL INC acquired CAES Systems Holdings LLC (CAES) for $1,935 million (approximately $1.9 billion), a transaction completed in August 2024, structured as all cash.
CAES Systems Holdings LLC (CAES) operates in Aerospace Technologies, is based in United States. A provider of high-reliability radio frequency (RF) technologies for the defense and space markets, acquired to enhance Honeywell's defense and space portfolio.
Honeywell acquired CAES to enhance the Company's defense and space portfolio with high-reliability radio frequency technologies.
Deepens Honeywell's defense and space RF capabilities at a time of rising defense and space demand. Honeywell Aerospace Technologies
No advisory firms have been disclosed for this transaction.