Honeywell Aerospace’s (NYSE: HON) JetWave™ wireless in-flight connectivity system has received U.S. Federal Aviation Administration approval for the Boeing 757. Honeywell’s JetWave is the exclusive hardware for aircraft to connect to Inmarsat’s Global Xpress, the only high-speed broadband satellite network spanning the globe that will provide fast, seamless and reliable connectivity over both land and […]
Honeywell Aerospace (NYSE: HON) will power the new Citation Longitude super mid-size business jet from Cessna Aircraft Company, a subsidiary of Textron Aviation Inc., a Textron Inc. company. Honeywell’s newly designed engine will provide Longitude operators with improved fuel efficiency and reliability while reducing emissions and noise. The Honeywell HTF7700L turbofan engine is the latest […]
Honeywell Aerospace (NYSE: HON) has introduced a new online tool to help airlines better manage maintenance to reduce aircraft downtime and increase operational efficiency. The Performance Accelerator is an interactive and customizable catalogue of Honeywell service bulletins and upgrade options. It’s a one-stop resource for airline fleet management and includes full 3-D renderings of the […]
Honeywell (NYSE: HON) announced today (09.04) that its Global Tracking solution has passed the final acceptance test for use on the European Space Agency’s (ESA) Galileo search and rescue program by demonstrating dramatically reduced emergency response times. Galileo is a pan-European geo-positioning satellite system operated by the ESA and funded by the European Union. One […]
Honeywell Aerospace (NYSE: HON) has been selected as the production aircraft engine supplier for the Textron AirLand Scorpion aircraft. Honeywell’s proven TFE731-40AR-3S engine was previously selected for the development stage of the program and this agreement has been extended to the aircraft production phase. The Scorpion is designed to perform a wide range of diverse […]
Honeywell (NYSE: HON) today announced its results for the second quarter of 2014: Total Honeywell ($ Millions, except Earnings Per Share) 2Q 2013 2Q 2014 Change Sales 9,693 10,253 6% Segment Margin 16.10% 16.70% 60 bps Operating Income Margin 14.30% 15.40% 110 bps Earnings Per Share $1.28 $1.38 8% Earnings Per Share (At 26.5% Tax […]