November 19, 2008
Honeywell ITEC To Deliver F124 Engine For Alenia Aermacchi Advanced Jet Trainer
Honeywell (NYSE: HON) announced today that its International Turbine Engine Company (ITEC) has been awarded a contract to deliver F124-GA-200 engines to Alenia Aermacchi, a Finmeccanica Company, for the production of the Advanced Jet Trainer M-346. The initial agreement is valued at US $52 million.
Nov 18, 2008
Honeywell to Supply Control Solutions to One of the Largest and Cleanest Power Plants in the World
Honeywell today announced that it has won an $11 million contract to provide process control hardware and software to Nuon’s Magnum plant, a 1300 megawatt combined-cycle (3 units) power station under construction in Eemshaven, the Netherlands. The contract win follows the completion of an engineering and design study initiated by Honeywell in 2007.
Nov 12, 2008
Honeywell Schedules 2009 Outlook Investor Conference Call for Monday, December 15th at 8:00 a.m. EST.
Nov 06, 2008
Honeywell Signs Supply Agreement With Chinese Company For Aclar® Film
Honeywell announced today that it has signed a three-year supply agreement with Shanghai Haishun Packaging Material Co., Ltd., to provide the Chinese company with Honeywell’s Aclar® brand moisture-barrier films for pharmaceutical packaging.
Nov 04, 2008
Honeywell Wins First Production Contract For Its T-HawK Micro Air Vehicle
Honeywell received a $65 million production contract for its Micro Air Vehicle, known as the T-Hawk™. The $65 million agreement is for 90 T-Hawk™ systems. Each system consists of two T-Hawk™ vehicles and one ground control unit, spares, training for operators and maintainers, and field support. Hardware deliveries of the 90 systems will begin in the second quarter of 2009 and conclude in December 2009.
Nov 04, 2008
Honeywell Provides 10-Year Maintenance Program For Kunpeng Airlines' Regional Jets
Oct 31, 2008
Honeywell declares quarterly dividend of $0.275 per share on the company's outstanding common stock. The dividend is payable on December 10, 2008.
Oct 17, 2008
Honeywell Third Quarter Sales Up 6% To $9.3 Billion; Earnings Up 20% To $0.97 Per Share
Honeywell's third quarter 2008 sales of $9.3 billion, an increase of 6% versus the prior year. Earnings per share of $0.97 compares to $0.81 in the prior year, up 20%. Cash flow from operations was $769 million versus $910 million last year, and free cash flow (cash flow from operations less capital expenditures) was $556 million versus $736 million in the third quarter of 2007, primarily due to increased cash tax payments in the quarter. In the third quarter, Honeywell completed the sale of its Consumables Solutions business resulting in a pre-tax gain of $0.6 billion. Also during the third quarter, the company executed approximately $0.6 billion of repositioning, environmental and other actions across its businesses. Honeywell forecasts 2008 sales of approximately $37.2 billion, up 8% and narrowed its earnings per share range to $3.76 - 3.80, up 19% - 20% versus the prior year. Free cash flow is expected to be approximately $3.2 billion (cash flow from operations of $4.1 billion).
Oct 09, 2008
Honeywell And Aveos Sign Agreement For Avionics And Mechanical Product Maintenance, Valued at Over $345 million
Oct 06, 2008
Honeywell Develops Industry's First Flight Management System Software In A Single Package For RNP SAAAR, WAAS-LPV and FANS Data Link
Oct 06, 2008
Honeywell Announces New “IntuVue” Family of 3-D Weather Radar To Help Pilots Avoid Turbulence
Oct 06, 2008
Honeywell And Satcom Direct Offer Complete Cabin Connectivity
Sep 30, 2008
UOP Technology Selected By Abu Dhabi Oil Refining Company For Refinery Expansion In United Arab Emirates
Refinery expansion will utilize UOP technology to produce low sulfur transportation fuels
Sep 23, 2008
Honeywell Develops Safer Ammonium Nitrate-Based Fertilizer; Receives SAFETY Act Designation From U.S. Department of Homeland Security
Sep 17, 2008
Honeywell's Ballistic Material To Help Protect Australian Troops in Combat
Australian Defence Force to deploy next-generation body armor using Spectra Shield® II on battlefields in Afghanistan, other regions
Sep 03, 2008
Honeywell Technology Selected To Help Rio Tinto Alcan Increase Alumina Production
Refinery Expansion to Increase Production and Enhance Safety by Integrating Experion with Operator Training, MES and Security Solutions
Jul 29, 2008
Honeywell Delivers First Production Nitrogen Generation System
First FAA-certified fuel tank inerting system significantly reduces fuel tank flammability, increases commercial aircraft safety
Jul 28, 2008
Honeywell Completes Sale of Its Consumables Solutions Business To B/E Aerospace
Honeywell Aerospace announced today that it has completed the sale of its Consumables Solutions business to B/E Aerospace for $1.05 billion, consisting of $901.4 million in cash consideration and six million shares of B/E Aerospace common stock.
Jul 25, 2008
Honeywell Declares Quarterly Dividend
The Board of Directors of Honeywell has declared a regular quarterly dividend of $0.275 per share on the company's outstanding common stock. The dividend is payable on September 10, 2008.
Jul 18, 2008
Honeywell Reports Second Quarter Sales Up 13% To $9.7 Billion And Earnings Up 23% To $0.96 Per Share
Honeywell today announced second quarter 2008 sales increased 13% to $9.7 billion from $8.5 billion last year. Earnings were up 23% to $0.96 per share, versus $0.78 per share last year. Cash flow from operations was $1,042 million versus $983 million in the second quarter of 2007 and free cash flow (cash flow from operations less capital expenditures) was $853 million, compared to $820 million last year. Year to date the company has generated cash flow from operations of $1,763 million versus $1,561 million in the same period last year and free cash flow (cash flow from operations less capital expenditures) of $1,424 million, compared to $1,278 million in 2007. Honeywell is increasing its previously stated 2008 sales guidance to $37.6 – 38.2 billion and full-year earnings per share to $3.75 - 3.85. EPS guidance does not include the expected gain on the sale of the Consumables Solutions (CS) business. The company expects a gain on the sale of CS in the third quarter, which may be significantly offset by repositioning or other actions.
Jul 14, 2008
Honeywell Runway Awareness and Alerting System Added to Airbus Catalog
Honeywell to Supply Catalytic Ozone Converter to Boeing
Honeywell Provides LED Technology For Wingtip Navigation Lighting on Airbus A320 Family of Planes
Jun 19, 2008
UOP And Rentech Form Alliance To Offer Solution For Clean Fuels Production
Alliance brings Rentech process for synthesis gas conversion together with UOP hydroprocessing technologies for ultra-clean fuels and chemicals
Jun 09, 2008
Honeywell to Sell Its Consumables Solutions Business to B/E Aerospace for $1.05 Billion
Jun 05, 2008
Honeywell Acquires Intelligent Automation Corporation
Significantly Expands Honeywell’s Global Aircraft Diagnostic and Service Reach. HUMS Systems Provide Military and Commercial Aviation Diagnostic Systems to Increase Aircraft Mission Readiness, Reduce Operating Costs
Jun 02, 2008
Honeywell Awarded Additional Year For Abrams Engine Program With U.S. Army In Contract Now Valued At More Than $1 Billion
May 20, 2008
Honeywell Zing™ Nears Completion of Field Evaluations
Remote Diagnostic Service for TFE731 Engines Available Later This Year
May 20, 2008
Honeywell Introduces In-Flight E-mail Support Wi-Fi Enabled Blackberry Smartphones
Secure, Always-on Access Is Available from Take-off To Landing
May 19, 2008
Honeywell Selected By Bombardier Aerospace to Provide Advanced Flight Deck Upgrade on Global Express Jet
May 19, 2008
Honeywell and Hindustan Aeronautics Ltd. Finalize Contract for TPE331 Engine Component Production
Honeywell, through its Swiss subsidiary Honeywell International Sarl, and Hindustan Aeronautics Ltd. (HAL) have finalized an agreement for Hindustan to manufacture commercial Honeywell TPE331 engines, engine components and kits for Honeywell. Hindustan Aeronautics has manufactured more than 200 TPE331-5 engines for use by the Indian military services, including the national Coast Guard, Navy and Air Force. The company also provides full maintenance and service on the aircraft engines at its facilities in Bangalore, India. The commercial agreement builds on that work by expanding into commercial engine manufacture of the latest generation of TPE engines for Honeywell’s Business and General Aviation business. Delivery of components to Honeywell will begin in 2009, reaching full volume capacity in 2012.
May 08, 2008
Honeywell Names Sean O'Hollaren Senior Vice President, Global Government Relations
May 06, 2008
Honeywell Announces New High Temperature Analog Silicon Chip For Aerospace And Deep Drilling Operations
May 06, 2008
Honeywell Develops Material To Protect Photovoltaic Solar Cells In Tough Environments
Helps meet growing demand for solar energy in Europe, Asia
Apr 28, 2008
Honeywell Declares Quarterly Dividend
The Board of Directors of Honeywell has declared a regular quarterly dividend of $0.275 per share on the company's outstanding common stock.
Apr 18, 2008
Honeywell Reports First Quarter Sales Up 11% To $8.9 Billion; Earnings Up 30% To $0.85 Per Share
• Organic Revenue Growth Across All Regions
• Cash from Operations and Free Cash Flow Up 25%
• Continued Aggressive Repositioning to Benefit Future Periods
• Major Contract Wins with Embraer, Gulfstream, and Airbus
• Full-Year Earnings per Share Guidance Moved to High End of Previous Range
Apr 08, 2008
Honeywell Wins $23 Billion Contract To Supply Next Generation HTF7500-E Turbofan Propulsion System For New Embraer Business Jets
Propulsion System Will Include Engine, Nacelle And Thrust Reverser. New Engine Will Deliver Reduced Emissions And Improve.
Mar 24, 2008
Honeywell Names Andreas Kramvis President and CEO of Honeywell Specialty Materials
Nance Dicciani to Retire from Honeywell
Feb 26, 2008
Honeywell Announces Public Offering of Senior Notes
Honeywell announced the commencement of the public offering of its $600 million 4.25% Senior Notes due 2013 and its $900 million 5.30% Senior Notes due 2018 (collectively, the “Notes”). Honeywell intends to use the proceeds of the offering to repay outstanding commercial paper. The Notes will be senior unsecured and unsubordinated obligations of Honeywell and will rank equally with all of Honeywell’s existing and future senior unsecured debt and senior to all of Honeywell’s subordinated debt.
Feb 25, 2008
Honeywell Delivers First Sentinel Navigation System To Sterling Aviation For Eurocopter BK-117
Feb 25, 2008
Honeywell Forecasts Sales Of 4,450 New Civil Helicopters Through 2012
Five-year Purchase Expectations Survey Shows Continued Gains in Demand For New Turbine-Powered Helicopters. Strong Interest in Light Single and Intermediate Multi-engine Helicopters Helps Drive Growth. Avionics Capabilities, Performance and Power and Direct Operating Costs Are Key Purchase Criteria. By 2018, Industry Could Deliver Over 10,000 Units
Feb 18, 2008
Honeywell to Provide Avionics, Auxiliary Power Units for India's Kingfisher Airlines
Feb 14, 2008
Honeywell Declares Quarterly Dividend
The Board of Directors of Honeywell (NYSE: HON) has declared a regular quarterly dividend of $0.275 per share on the company's outstanding common stock.
Feb 12, 2008
Honeywell Powers Solano County Detention Facility With Solar Panels
Jan 28, 2008
Honeywell Helps Power Poway Schools With Green, Renewable Energy
Jan 23, 2008
Honeywell Reports 2007 Full Year Sales Up to 10% to $34.6 Billion; Earnings Per Share Up 25% to $3.16
Honeywell announced full-year 2007 sales increased 10% to $34.6 billion from $31.4 billion in 2006. Earnings per share were up 25% to $3.16 versus $2.52 in the prior year. Cash flow from operations increased 22% to $3.9 billion versus $3.2 billion in 2006, and free cash flow (cash flow from operations less capital expenditures) was up 27% to $3.1 billion versus $2.5 billion in the prior year. Fourth quarter sales were up 12% to $9.3 billion versus $8.3 billion in 2006. Earnings per share increased 26% to $0.91 versus $0.72 in the prior year fourth quarter. Cash flow from operations was up 16% to $1.4 billion versus $1.2 billion in the prior year, and free cash flow was up approximately 20% to $1.1 billion versus $0.9 billion in the fourth quarter of 2006.
Jan 08, 2008
Honeywell Helps Two Minnesota School Districts Quickly Reach Parents
