Civil aerospace news and insights from Forecast International
Honeywell Aerospace began trading as an independent publicly traded company under the ticker HONA on the Nasdaq on June 29, completing its spin-off from Honeywell International, now rebranded as Honeywell …
Honeywell Aerospace Bets on a Narrower Scope for Bigger Growth Read More
The United Kingdom-based AAM startup Vertical Aerospace and American multinational Honeywell reaffirmed and expanded their developmental partnership on April 8th with the signing of a major new long-term agreement intended …
Honeywell and Vertical Aerospace Deepen Certification Partnership Read More
Honeywell has reported first-quarter revenue and profit figures that exceeded Wall Street’s expectations, driven by strong demand within its aerospace division. A shortage of new aircraft has led airlines to …
Aerospace Strength Lifts Honeywell’s Q1, Profit Forecast Up Read More
Honeywell has unveiled a significant restructuring plan to split the industrial giant into three independent, publicly traded entities. This move marks a strategic shift aimed at streamlining operations, sharpening business …
Honeywell to Split Into Three Independent Companies in Major Restructuring Move Read More
Honeywell and ITP Aero have joined forces to establish the first European-authorized service center for Honeywell’s F124-GA-200 engine. Located at ITP Aero’s Ajalvir facility in Madrid, this new center will …
Honeywell and ITP Aero Team Up to Bring Engine Repairs to Europe Read More
Honeywell International has agreed to acquire Civitanavi Systems S.p.A., an Italian provider of high-precision inertial navigation and stabilization solutions, for approximately €200 million ($216.8 million). This strategic acquisition strengthens Honeywell’s …
Honeywell Bolsters Autonomous Vehicle Tech with Civitanavi Systems Acquisition Read More
Despite a challenging economic environment, Honeywell delivered a solid year in 2022 with sales up 3 percent to $35.5 billion from $34.4 billion in 2021. The key to its success …
Honeywell Looks to Continued Growth in 2023, Thanks to Surging Bizjet Market Read More