Honeywell completes $200M acquisition of Civitanavi Systems
Honeywell completed its acquisition of Civitanavi Systems on August 19, 2024. Honeywell's filing records total consideration of $200 million net of cash acquired for the navigation, stabilisation and resilient-positioning company.
Why it matters
Honeywell Aerospace completed its acquisition of Civitanavi Systems, adding European inertial navigation, stabilisation and resilient positioning technology to its autonomous-operations portfolio.
Evidence notes
- Total consideration was $200 million net of cash acquired.
- Civitanavi became Honeywell Aerospace Technologies’ European inertial-system design and manufacturing arm.
- The transaction followed Honeywell’s March 2024 tender-offer launch.
Company context
Civitanavi Systems designs and manufactures inertial navigation, georeferencing and stabilisation systems using proprietary fibre-optic gyro and MEMS technology. Founded in Italy in 2012, listed in 2022 and now part of Honeywell Aerospace Technologies, the company serves aerospace, defence and industrial platforms. Its products support resilient navigation, flight control, pointing and vehicle stabilisation across air, land and naval domains.