Honeywell has completed the acquisition of Ontario, Canada-based COM DEV International, a leading satellite and space components provider of switches and multiplexers.
COM DEV will be part of the company's Defense and Space business and will drive continued growth across Honeywell's connectivity initiatives, benefiting the company's military, civilian and commercial aviation customers. The acquisition complements Honeywell's existing space business and enhances its radio frequency and microwave engineering competencies.
Passive microwave spaceflight hardware and active RF electronics form a large part of COM DEV’s core product portfolio. Its legacy core products such as integrated multiplexers, ancillary microwave components, and electromechanical switches are found on almost every communications satellite ever built – commercial or military. The company produces spaceflight subsystems and instruments used in earth observation, space science, communications and remote sensing. Its manufacturing facilities are located in Cambridge, Ontario; Garden Grove, California; Aylesbury, England; Edinburgh, Scotland; and Ottawa, Ontario.
"COM DEV extends Honeywell's connectivity push with proven satellite component technologies and access to international customers that align with our current space portfolio and growth strategies," said Tim Mahoney, president of Honeywell Aerospace. "Combined, Honeywell and COM DEV offer commercial and government customers access to one of the broadest space satellite equipment portfolios in the industry."
There is no change to Honeywell's 2016 financial guidance as a result of this announcement.