Honeywell Intl Inc Stock Price, News & Analysis

Honeywell (NASDAQ: HON) has finalized terms to invest in Rhino Health USA, enhancing U.S. production of nitrile exam gloves for healthcare and industrial sectors. This partnership aims to address the increasing demand for gloves, anticipated to nearly double by the end of the decade. With Honeywell's expertise in manufacturing and supply chain management, Rhino Health plans to efficiently scale operations at its new Fort Worth facility, expected to commence production by the end of 2022. Financial terms of the investment remain undisclosed.

Honeywell (NASDAQ: HON) is set to release its second quarter financial results before the opening of the Nasdaq on July 28. A conference call will follow at 8:30 a.m. EDT to discuss the results. Investors can access a real-time audio webcast and related materials on the company's Investor Relations website. The company is recognized for delivering industry-specific solutions, enhancing connectivity across various sectors. Stay informed by monitoring Honeywell's Investor Relations for updates and disclosures.

Honeywell (Nasdaq: HON) has launched its Carbon & Energy Management software, designed to help building owners track and optimize energy use at a device level. This new offering addresses the challenge of measuring sustainability progress amidst growing pressure from stakeholders and regulatory bodies. Commercial buildings contribute significantly to global energy consumption and CO2 emissions. The software utilizes AI and machine learning to autonomously improve energy efficiency and minimize environmental impact, aligning with Honeywell's commitment to achieve carbon neutrality by 2035.

Honeywell's Boeing 757-200 testbed, celebrating 40 years since its 1982 production, remains integral to aerospace innovation. Acquired in 2005, it has been pivotal in testing advanced technologies including turbine engines, avionics, and connectivity systems. With over 800 flight tests and 3,000 hours in the air, it showcases Honeywell's commitment to enhancing safety and efficiency in aviation. Notably, it has traveled to more than 30 countries and is poised to continue its legacy of innovation, ensuring a sustainable future for the industry.

Honeywell (HON) and EnLink Midstream (ENLC) are collaborating to develop carbon capture solutions targeting industrial CO₂ emissions along the Louisiana Gulf Coast. The partnership will leverage Honeywell's advanced carbon capture technology and EnLink's pipeline infrastructure for efficient CO₂ transportation and sequestration. A feasibility study will assess retrofitting Honeywell's Louisiana facilities to integrate this solution. The initiative aligns with Honeywell's commitment to carbon neutrality by 2035, aiming to significantly reduce environmental impacts in a key industrial region.

Honeywell (NASDAQ: HON) will host a live leadership webcast for investors on June 16, 2022, featuring CEO Doug Wright and CFO Mike Stepniak. The session will focus on sustainable building solutions and includes insights from Credit Suisse's John Walsh. The webcast will occur from 11:00 a.m. to 11:45 a.m. EDT, with a replay available for 30 days. Investors can access the webcast and related materials via the Investor Relations section of Honeywell's website.

Honeywell's Flight Management System (FMS) has been selected by Airbus for the A320, A330, and A350 aircraft, enhancing air traffic management. This new FMS offers improved operational efficiency, reliability, and safety, and features connectivity with Electronic Flight Bags (EFB) for enhanced fuel savings. It is 15 times more capable than previous hardware and will allow future enhancements without additional hardware changes. The FMS is expected to enter service by the end of 2026, with a retrofit option planned for existing A320 and A330 fleets.