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Tag Archives: Com Dev International

Honeywell Closes Buy of Space Hardware Maker Com Dev; Tim Mahoney Comments

Honeywell (NYSE: HON) has completed its purchase of spacecraft and satellite equipment producer Com Dev International through an approximately $345 million transaction. Tim Mahoney, president of Honewell’s aerospace segment, said Thursday the acquisition is part of a push to bolster the company’s satellite connectivity efforts and grow its satellite technology offerings for …

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Tim Mahoney: Honeywell Targets Space Tech Growth With Com Dev Purchase

Honeywell (NYSE: HON) has agreed to buy space hardware manufacturer Com Dev International for about $345 million in a push to grow Honeywell’s portfolio of satellite and connectivity technologies. Honeywell said Thursday the purchase price is net of Com Dev’s cash and debt, and the company expects the transaction to …

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