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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 Aerospace: The company will be a "pure play aerospace" supplier. The aerospace unit is Honeywell's biggest revenue generator, accounting for about 40% of the company's total revenue in ...
The aerospace unit is Honeywell's biggest revenue generator, accounting for about 40% of the company's total revenue in 2024, and counts Boeing and Airbus among its customers.
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.
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.
[6] In 2007, it purchased a Passive Microwave division in El Segundo, California, for $8.75 million. [7] In 2010, it purchased Ottawa-based space instrument supplier Routes AstroEngineering for $1.7 million. [8] Later that year, it established a subsidiary called exactEarth offering global ship tracking data services. [9]
Honeywell, one of the last remaining U.S. industrial conglomerates, will split into three independent companies, following in the footsteps of manufacturing giants like General Electric and Alcoa.
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 ...