Honeywell to buy aerospace and defense firm CAES Systems for $1.9 billion
(Reuters) -Honeywell has agreed to buy aerospace and defense technology company CAES Systems for $1.9 billion from private equity firm Advent International, the company said on Thursday. The all-cash deal marks Honeywell’s second acquisition in recent months to strengthen its aerospace technologies unit, amidst a realignment of its business to focus on megatrends such as…