- In June 2024, Honeywell announced its agreement to acquire CAES Systems Holdings LLC, a leading manufacturer of advanced electronics components in aerospace and defense. This acquisition is expected to strengthen Honeywell’s defense technology solutions portfolio, enhancing capabilities across air, land, sea, and space sectors while integrating innovative electromagnetic defense technologies for efficient RF signal management
- In May 2024, L&T Technology Services opened the Simulation Centre of Excellence for Airbus in Bangalore, India. The new facility aims to drive the development of advanced simulation services using cutting-edge technology and infrastructure. Focused on unifying processes across Airbus’s European business units, it enhances efficiency and productivity in aircraft program management
- In January 2023, Everest Group recognized Daffodil Software, a global leader in software engineering, in the PEAK Matrix Assessment 2022. Daffodil was again acknowledged after its 2021 evaluation and was placed as an "Aspirant" in the Software Product Engineering Services market. The recognition emphasizes its expertise in BFSI, Healthcare, and Retail industries
- In January 2023, Cognizant agreed to acquire Mobica, a UK-based provider of IoT software engineering services. Mobica specializes in the entire software development lifecycle, from design to deployment, with a focus on embedded software. The acquisition aims to enhance Cognizant’s capabilities in strategic research and development, benefiting clients across various industries
- In 2023, Honeywell acquired the heads-up display (HUD) technology assets from Saab, a Swedish aerospace and defense company. This acquisition enhances Honeywell’s avionics and aviation safety product offerings. It aims to improve situational awareness, particularly in low-visibility conditions such as night operations or challenging weather, thereby bolstering the safety and efficiency of flight operations
- In 2023, ALTEN Group, a French leader in engineering and technology consulting, completed its strategic acquisition of Accord Global Technology Solutions. This move merges ALTEN’s scale and technological expertise with Accord’s innovation in digital solutions, enhancing its service offerings in aerospace and automotive industries, and further strengthening ALTEN’s position in technology consulting
- In 2022, Altair, a global leader in computational science and AI, acquired Concept Engineering, a leading provider of electronic system visualization software. This acquisition accelerates the development and service of complex electrical and electronic systems across industries such as aerospace, automotive, and industrial. The integration of Concept’s software boosts Altair’s capabilities in system visualization
