(Reuters) - Honeywell ( HON ) has agreed to buy aerospace and defense technology company CAES Systems for roughly $2 billion from private equity firm Advent International, The Wall Street Journal reported on Thursday.

The all-cash deal marks Honeywell's ( HON ) second acquisition in recent months to strengthen its aerospace technologies unit, the newspaper reported, citing people familiar with the matter.

Honeywell ( HON ) and Advent International did not immediately respond to a Reuters request for comment.

CAES, formerly known as Cobham Advanced Electronic Solutions, designs, develops and tests electronics such as antenna systems and communication networks for aerospace and defense companies.