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Honeywell announced the completion of its acquisition of CAES Systems Holdings LLC from private equity firm Advent International for approximately $1.9 billion in an all-cash transaction.
Honeywell announced that it has agreed to acquire CAES Systems Holdings LLC (CAES) from private equity firm Advent International for approximately $1.9 billion in an all-cash transaction.
CAES is advancing a key U.S. Army modernization priority with the development of the Precision Strike Sensor Core, a state-of-the-art programmable transceiver.
CAES expanded its product offerings with a new direct-to-digital RF converter designed to optimally meet the bandwidth and form factor requirements of radar, electronic warfare and C4ISR mission applications.
CAES has won a $200 million follow-on, full-rate hardware production and sustainment award from Raytheon to provide fully tested radar module assemblies for the U.S. Navy’s AN/SPY-6 family of radars.
CAES San Jose has implemented the Automated Robotic Tuning (ART) system on one of its current missile programs of record since December 2022 and is looking to expand the application to other programs.
