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Honeywell International Inc. (HON) delivers mission-critical solutions across aerospace, industrial automation, and energy technologies. This dedicated news hub provides investors and professionals with essential updates directly from the company and verified industry sources.
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Key updates include regulatory filings, leadership announcements, and R&D breakthroughs in IoT-enabled industrial solutions. Content is organized for quick scanning while maintaining technical accuracy across Honeywell's diversified business segments.
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Honeywell (NYSE: HON) has launched a new all-electric Cabin Pressure Control and Monitoring System (CPCMS) for aircraft, focusing on lighter weight, reliability, and cost efficiency. The system weighs under six pounds, 30% lighter than its predecessor, and includes advanced failure detection capabilities. Honeywell secured a contract with Piaggio Aerospace for integration into the P.180 Avanti Evo, with deliveries starting in Q3 2021. The new system enhances passenger comfort through improved pressure management, reflecting Honeywell's 75 years of experience in aerospace technology.
Honeywell (NYSE: HON) will announce its fourth quarter financial results and 2021 outlook on January 29, 2021, before the NYSE opens. A conference call will be held at 8:30 a.m. EST for investors to discuss the results. Participants can join by calling the provided numbers approximately ten minutes before the start time. A replay will be available from January 29 to February 5. The financial update will provide insights into Honeywell’s performance and guidance for the upcoming year.
Honeywell (NYSE: HON) has secured a significant five-year agreement with Sichuan Airlines to supply 131-9A auxiliary power units (APUs) for its A320 fleet. This deal includes 93 new A320 aircraft and retrofitting 141 existing ones, marking the largest APU retrofit in Honeywell's history. The 131-9A APU is designed to enhance operational efficiency and minimize flight delays, contributing to a better passenger experience. Honeywell has a long-standing reputation, with over 15,000 units of this model shipped since its introduction in 1995, and aims to support the recovery of the aviation industry post-COVID-19.
Honeywell (NYSE: HON) announced its agreement to acquire Sparta Systems for $1.3 billion in cash. This acquisition enhances Honeywell's digital transformation and enterprise management software in the life sciences sector. The integration aims to leverage Sparta's advanced quality management software (QMS) capabilities, improving manufacturing processes and regulatory compliance for clients. The transaction is expected to close by the end of Q1 2021 and will not alter Honeywell's 2020 financial outlook. The acquisition is viewed as a strategic move to capture growth in life sciences and enhance existing software offerings.
Honeywell (NYSE: HON) and Signify have partnered to provide smart lighting solutions aimed at enhancing occupant experience in commercial buildings. This strategic alliance integrates Signify's advanced lighting systems with Honeywell's Building Management Systems, focusing on energy efficiency and air quality. Notable features include UV-C disinfection lighting, which has been shown to reduce the SARS-CoV-2 virus infectivity on surfaces significantly. The collaboration is expected to save up to 70% energy for lighting and identify occupancy and air quality metrics through the Healthy Buildings dashboard, enhancing overall productivity.
Honeywell (NYSE: HON) has launched a new reusable, three-dimensional knitted face cover featuring replaceable filters. The face cover includes a hidden pocket for a protective filter that blocks up to 97% of particles. Designed for comfort and breathability, it incorporates a seamless 3D knit design and adjustable features for various face shapes. Alongside the face cover, Honeywell offers Safety Packs that include disposable masks and gloves. This initiative aligns with Honeywell's strategy to provide solutions that support the recovery of the global economy.
Honeywell (NYSE: HON) has acquired Sine Group, a SaaS company based in Adelaide, Australia, specializing in visitor management and workplace solutions. This acquisition aims to enhance Honeywell Forge, its enterprise performance management platform, and improve Connected Buildings offerings. Sine's mobile technology supports touchless check-in, safety, and compliance across various industries. The combined solutions are expected to bolster operational efficiency and safety for clients globally. Financial terms were not disclosed, and Honeywell's 2020 financial guidance remains unchanged.
Honeywell (NYSE: HON) has launched the Honeywell Air Detective, a handheld particle analyzer designed to assess indoor air quality. This innovative device, which utilizes artificial intelligence and cloud computing, aids HVAC service providers and environmental professionals in identifying the types and quantities of airborne particles, including allergens and spores, affecting over 400 million people globally. By providing real-time evaluations via a mobile app, it enhances decision-making for improving air quality, representing a significant advancement in environmental and HVAC solutions.