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Honeywell said on Monday it was considering a plan to separate its high-margin aerospace business, a move backed by activist investor Elliott Investment Management, which has been pushing for the ...
Honeywell said that it may calve its aerospace division from the conglomerate, sending shares up more than 2% before the opening bell Monday. The announcement arrives about one month after Elliott ...
Honeywell plans to share updates with its fourth-quarter 2024 earnings release. Vimal Kapur said, “Since aligning our business th Honeywell Advances Strategic Review, Explores Aerospace Business ...
Honeywell Aerospace Technologies is a manufacturer of aircraft engines and avionics, [1] as well as a producer of auxiliary power units (APUs) and other aviation products. Headquartered in Phoenix, Arizona, it is a division of the Honeywell International conglomerate. It generates approximately $10 billion in annual revenue from a 50/50 mix of ...
Honeywell offers a number of products and services across its four business groups: Aerospace, Home and Building Technologies (HBT), Safety and Productivity Solutions (SPS), and Performance Materials and Technologies (PMT). This is a partial list of products manufactured and services offered by Honeywell.
The International Turbine Engine Company LLC (ITEC, formerly the International Turbine Engine Corporation), is a joint venture between Honeywell Aerospace (formerly Garrett AiResearch, and later AlliedSignal), and the Aerospace Industrial Development Corporation (AIDC).
Activist investor Elliott Investment Management has taken a more than $5 billion stake in Honeywell International and is calling for the industrial conglomerate to split into two separate companies.
The Garrett ATF3 (US military designation F104) is a 3-spool turbofan engine developed at the California division of Garrett AiResearch.Due to mergers it is currently supported by Honeywell Aerospace.