Industrial giant Honeywell announced a $2 billion deal to expand its defense tech offerings. Honeywell stock is in a buy zone.
(Bloomberg) -- Honeywell International Inc. agreed to buy aerospace and defense company CAES Systems from private equity firm Advent International for $1.9 billion.Most Read from BloombergCar Dealerships Across US Halt Services After CyberattackPutin’s Hybrid War Opens a Second Front on NATO’s Eastern BorderHedge Fund Talent Schools Are Looking for the Perfect TraderWhat to Know About the Deadly Flesh-Eating Bacteria Spreading in JapanManchester United’s Jim Ratcliffe Fears for Future of Premier
Honeywell (NASDAQ: HON) today introduced Connected Power, a groundbreaking solution that helps monitor, manage and automate buildings' power usage at the plug level. The solution offers insights into where energy is being used – and wasted – across North America.