Honeywell has actually finished its purchase of CAES Solution Holdings LLC (CAES), boosting the firm’s protection modern technology options throughout land, sea, air, and room.
CAES broadens Honeywell’s existing protection and room profile with scalable offerings, allowing Honeywell to both boost manufacturing and upgrade settings on important systems, consisting of the F-35, EA-18G, AMRAAM and GMLRS.
Honeywell will certainly additionally take advantage of the capacity to present its present offerings on brand-new systems, such as the Navy Radar (SPY-6), unmanned airborne systems (UAS), and counter-UAS modern technologies.
CAES marks the 4th purchase Honeywell has actually introduced this year as component of its regimented resources implementation technique. It complies with Honeywell’s current purchase of Service provider’s Worldwide Gain access to Solutions company in June 2024.
Honeywell got CAES from personal equity company Introduction International for about $ 1.9 billion.
Honeywell Aerospace Technologies Head Of State and Chief Executive Officer Jim Currier, commented, ” Honeywell’s purchase of CAES improves our leading setting in protection modern technologies, while additionally enhancing and broadening the options and capacities we can use throughout numerous important armed forces systems. Along with CAES, we will certainly remain to establish the requirement for quality in the sector and provide specialized options that will certainly maintain our consumers at the leading edge of advancement.”
The article Honeywell Enhances Defense Technology Solutions with CAES Acquisition showed up initially on Unmanned Systems Technology.
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