![Honeywell Acquires CAES Systems for $2 Billion](/content/images/size/w600/2024/06/a40b0b40-3e95-468b-915b-85f493a0d4cf.png)
Technology
Honeywell Acquires CAES Systems for $2 Billion
Honeywell International has announced its agreement to acquire aerospace and defense technology company CAES Systems for approximately $2 billion from private equity firm Advent International. The all-cash deal is aimed at bolstering Honeywell's aerospace technologies unit, marking the company's second acquisition in recent months to strengthen