Honeywell (Nasdaq: HON) has finalized its acquisition of CAES from private equity firm Advent International and appointed industry executive Brad Westphal as president of the multinational conglomerate’s electromagnetic defensive solutions division. Expanding Defense Technology Capabilities Honeywell said Wednesday it expects the acquisition t...
CAES has secured a $172 million multi-year deal from RTX (NYSE: RTX) to assist the latter with the next three lots of follow-on production for missile data-link assembly. The award supports a major international missile program, CAES said Monday. Based in Arlington, Virginia, CAES is a subsystem provider offering advanced electronic c...
Honeywell (Nasdaq: HON) has agreed to buy CAES from private equity firm Advent International in an all-cash deal valued at approximately $1.9 billion to expand its portfolio of defense technology platforms across ground, maritime, air and space domains. Charlotte, North Carolina-based Honeywell said Thursday it expects the acquisition to wrap up in ...
Joe Oliva, an 11-year Northrop Grumman (NYSE: NOC) veteran, has joined CAES as vice president of programs within the defense systems division, according to a LinkedIn post published Wednesday. He brings to the role two decades of business development and program management experience in the defense and aerospace industry. Oliva joined Northrop in No...
Washington D.C.-based private equity firm Willow Creek Partners has created a company that government contracting industry veteran Caesar Nieves will lead to bring consulting, analytics, cyber and digital services to the federal sector. The One 23 Group will serve as the core of WCP’s government services portfolio and operate with over 200 emp...
CAES has expanded its portfolio of capabilities and presence in the radio frequency technology market with the acquisition of Herley. Herley designs and produces microwave electronic products for electronic warfare assemblies, missile flight instrumentation platforms and other tactical RF systems for defense and aerospace industry customers and has ...
CAES Systems Holdings, a mission-critical radio frequency technology provider, has agreed to buy Herley Industries and Herley-CTI from Ultra Electronics Defense for an undisclosed sum. Herley Industries and Herley-CTI produce microwave technology and related products for radars, weapon sensors, flight instrumentation and electronic warfare systems i...
Veritas Capital has agreed to acquire a CAES division that manufactures radiation-hardened microelectronic products and subsystems intended for space operations. Financial terms of the deal were not disclosed and the pending acquisition of CAES Space Systems is expected to close in the first quarter of 2023, Veritas said Thursday. Mike Elias, a seni...
Mick Jaggers, a nearly 15-year veteran of Northrop Grumman (NYSE: NOC), has joined CAES to serve as vice president of program management at the Arlington, Virginia-headquartered aerospace and defense contractor. In a LinkedIn post Tuesday, he shared his transition from serving as a Northrop VP to joining the CAES team and organization. Jaggers worke...
Jacobs (NYSE: J) has announced plans to establish a business unit that will focus on creating and delivering cyber, data, cloud and digital technology platforms to customers, and tapped Caesar Nieves, senior vice president of cyber and intelligence, to lead the new unit as executive VP. The company said Thursday the establishment of the Divergent...
