Honeywell Intl Inc Stock Price, News & Analysis

Honeywell (HON) announced that Southwest Airlines is implementing SmartRunway and SmartLanding software across its Boeing 737 fleet to enhance runway safety, with over 700 aircraft already activated. The technology, enabled through Honeywell's Enhanced Ground Proximity Warning System (EGPWS), provides pilots with real-time alerts during taxi, take-off, and landing operations. The system warns pilots about excessive speed, incorrect altitude, or wrong runway approaches. Additionally, Honeywell is developing Surface Alerts (SURF-A), a next-generation runway safety technology expected for certification in 2026, which will use GPS and ADS-B data to alert pilots about potential runway traffic. This implementation strengthens the longstanding partnership between Honeywell and Southwest, which previously selected Honeywell's flight-deck systems for its 737 MAX fleet and was the first to adopt Honeywell's Integrated Multi-Mode Receiver technology.

Honeywell (NASDAQ: HON) has been selected by Bell Textron to provide critical systems for the U.S. Army's Future Long-Range Assault Aircraft (FLRAA). The company will supply a modified version of its GTCP 36-150 auxiliary power unit (APU) and the Honeywell Attune™ thermal management system. The 36-150 APU has a proven track record with over 10,000 units delivered across 20 applications and is currently used in Army's UH-60 Black Hawk and AH-64 Apache helicopters. The Honeywell Attune™ system offers significant advantages, being 35% lighter and 20% more efficient than conventional systems, while using environmentally-friendly Solstice zd refrigerant. These technologies will support aircraft operations through 2050 and beyond, providing secondary power sources and advanced cooling capabilities for the FLRAA program.

Honeywell (NASDAQ: HON) has launched Connected Solutions, an AI-powered building management platform that integrates building software and technologies into a unified interface. Built on Honeywell Forge, the solution enables efficient operations through AI-enabled installation, advanced encryption, remote monitoring, predictive maintenance, and energy management features. Early adopters include Verizon Communications and Vanderbilt University, with the latter implementing the technology across nearly 10% of its campus buildings. The platform significantly reduces installation time and costs compared to traditional systems, while providing comprehensive data and real-time visibility into building operations. The solution addresses key challenges including cybersecurity, labor shortages, and decarbonization efforts through its innovative features.

Honeywell (NASDAQ: HON) has completed its $2.16 billion all-cash acquisition of Sundyne from Warburg Pincus, expanding its process industry capabilities. Sundyne, a leader in engineered pumps and gas compressors, brings approximately 1,000 skilled employees and significant aftermarket revenue. The acquisition is expected to immediately boost Honeywell's sales growth, segment margins, and adjusted EPS. The integration enhances Honeywell UOP's value chains in refining, petrochemicals, LNG, and clean fuels, with solutions unified under the Honeywell Forge platform. This acquisition is part of Honeywell's broader strategic transformation, which includes $13.5 billion in recent acquisitions and planned spin-offs of its Aerospace Technologies and Solstice Advanced Materials businesses.

Honeywell (HON), Johnson Matthey, GIDARA Energy, and SAMSUNG E&A have formed a strategic technology alliance to develop end-to-end sustainable aviation fuel (SAF) production from biomass and municipal waste. The collaboration leverages the Fischer-Tropsch production process and combines GIDARA's gasification expertise, Johnson Matthey's catalysts, Honeywell's process technology, and SAMSUNG E&A's engineering capabilities. The integrated solution is expected to reduce facility startup time by over 15% and capital costs by up to 10%. This alliance addresses the growing SAF demand and feedstock diversity challenges, with the International Energy Agency projecting that biofuels from waste and nonfood energy crops will constitute over 40% of total biofuel demand by 2030.

Honeywell (NASDAQ: HON) announced it will host its 2025 Paris Air Show Investor Reception in Paris, France on June 15, 2025. The event will feature presentations from CEO Vimal Kapur and Aerospace Technologies CEO Jim Currier, starting at 2:00 p.m. CEST. A live audio webcast will be available on Honeywell's investor website, with materials posted before the presentation and a 30-day replay available afterward. The company operates across multiple industries, focusing on three key megatrends: automation, future of aviation, and energy transition, supported by their Honeywell Accelerator operating system and Honeywell Forge IoT platform.

Honeywell (NASDAQ: HON) has appointed Marc Steinberg, a Partner at Elliott Investment Management, to its Board of Directors as an independent Director and Audit Committee member, effective May 31, 2025. Steinberg, who brings extensive financial expertise in capital markets, corporate finance, and M&A, currently serves on the boards of Etsy, Pinterest, and other companies. The appointment comes as Honeywell prepares for a significant portfolio transformation that will separate the company into three independent entities.

As one of Honeywell's largest investors, Elliott Investment Management, through Steinberg, will partner with CEO Vimal Kapur and the Board to execute this separation strategy, which aims to drive operational improvements and create significant shareholder value. Steinberg, a Harvard College graduate, previously worked at Centerview Partners before joining Elliott in 2015.

Protective Industrial Products (PIP) has completed the acquisition of Honeywell's (NASDAQ: HON) Personal Protective Equipment Business. The acquisition adds renowned brands like Fendall, Fibre-Metal, Howard Leight, KCL, Miller, Morning Pride, North, Oliver, and Salisbury to PIP's portfolio. This strategic move expands PIP's head-to-toe protection offering, covering worker safety, electrical safety, hearing protection, head protection, respiratory, fall protection, eye protection, footwear, first aid, and first responder equipment. The deal significantly enhances PIP's global presence, extending its manufacturing and distribution footprint to approximately 50 countries. Michael Garceau, President of the acquired PPE business, will continue leading the business and report to PIP's President and CEO, Curt Holtz. PIP is a portfolio company of Odyssey Investment Partners.

Honeywell (NASDAQ: HON) has completed the sale of its Personal Protective Equipment (PPE) business to Protective Industrial Products (PIP) for $1.325 billion in an all-cash transaction. This divestiture follows Honeywell's strategic portfolio optimization efforts, including its previous exit from the PPE space with the 2021 sale of its Footwear Business to Rocky Brands.

The company has recently announced several strategic moves, including the planned separation of its Aerospace Technologies business and the spin-off of Advanced Materials. Since December 2023, Honeywell has executed $13.5 billion in acquisitions, including purchases from Carrier Global, Civitanavi Systems, CAES Systems, Air Products, and planned acquisitions of Sundyne and Johnson Matthey's Catalyst Technologies Business.