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Raghu Vamsi Aerospace Group Raises $40 Million to Expand Global Manufacturing and Deep-Tech Capabilities

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Raghu Vamsi Aerospace

Hyderabad-based Raghu Vamsi Aerospace Group (RVAG) has secured US$40 million (approximately ₹400 crore) in a fresh funding round to accelerate its global manufacturing expansion and strengthen its presence in advanced aerospace, defence, and deep-tech technologies. The investment round was led by Norwest and Skegen Asset Management, with participation from Indus Bridge Ventures, GJNX Ventures, and … Read more

Global Aerospace Giants Expand GCC Presence in India, Reinforcing the Country’s Position as an Engineering Powerhouse

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Global Aerospace Giants

India’s rise as a global engineering and innovation destination is gaining further momentum as several of the world’s leading aerospace and aviation companies continue to strengthen their Global Capability Centre (GCC) presence across the country. According to industry data highlighted by NASSCOM, multinational aerospace companies are increasingly leveraging India’s highly skilled engineering workforce to design, … Read more

Honeywell to acquire Civitanavi Systems for aerospace navigation solutions

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Honeywell announced the intention to acquire the entire share capital of Civitanavi Systems S.p.A.  Honeywell will initiate a voluntary tender offer to acquire all outstanding shares of Civitanavi for a purchase price of €6.30 per share in cash (an equity value of approximately €200 million at closing). The acquisition will further strengthen Honeywell’s capabilities to help … Read more

Anant Maheshwari Named Honeywell High Growth Region President And CEO

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Anant Maheshwari

Honeywell announced today that Anant Maheshwari has been named President and CEO of Honeywell’s High Growth Region portfolio, effective September 4, 2023. He will succeed Ben Driggs, who will be taking another leadership role in the company. Maheshwari will be a Corporate Officer of the Company, reporting directly to Honeywell CEO Vimal Kapur and will … Read more

Honeywell Bolsters Cybersecurity Software Portfolio with ScadaFence Acquisition

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Honeywell (Nasdaq: HON) today announced it has agreed to acquire SCADAfence, a leading provider of operational technology (OT) and Internet of Things (IoT) cybersecurity solutions for monitoring large-scale networks. SCADAfence brings proven capabilities in asset discovery, threat detection and security governance which are key to industrial and buildings management cybersecurity programs. The OT cybersecurity industry … Read more