# Honeywell to acquire Civitanavi Systems for €200 million

Honeywell announced its intention to acquire Civitanavi Systems S.p.A., a leader in high-precision inertial navigation and stabilization solutions, for approximately €200 million to strengthen autonomous operations offerings in aerospace.

- Type: Acquisition
- Announced: 2024-03-27
- Where: Italy
- Value: $217.0M (200.0M EUR)
- Status: announced
- Products: high-precision inertial navigation systems, stabilization solutions
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Honeywell](https://endata.com/companies/621.md) (acquirer)
- [Civitanavi Systems](https://endata.com/companies/76455.md) (target)

## Sources

- [honeywell.com](https://www.honeywell.com/us/en/news/press-releases/2024/03/honeywell-to-acquire-civitanavi-systems-to-strengthen-autonomous-operations-offerings-in-aerospace-and-expand-european-footprint), 2024-03-26: "Honeywell today announced the intention to acquire the entire share capital of Civitanavi Systems S.p.A."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.