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January, 2009

Honeywell 2008 Full-Year Sales Up 6%, Earnings Per Share Up 19%; Reaffirms 2009 Earnings Per Share Outlook

Honeywell’s full-year 2008 sales increased 6% to $36.6 billion from $34.6 billion in 2007. Earnings per share were up 19% to $3.76 versus $3.16 in the prior year. Cash flow from operations was $3.8 billion and free cash flow (cash flow from operations less capital expenditures), excluding cash taxes relating to the sale of the [...]

Posted on Friday, January 30, 2009

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Dave Cote Introduces President Obama at White House Media Briefing on U.S. Recovery Plan

Chairman and CEO Dave Cote introduced President Barack Obama at a media briefing after a meeting with the President and 12 other CEOs at the White House in support of the proposed U.S. Reinvestment and Recovery Plan. “Now is not the time for our country to be timid,” Cote said. “We need to get this [...]

Posted on Tuesday, January 27, 2009

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Honeywell Keeps Power On to Help Pilot Land Disabled Jet in New York’s Hudson River

Honeywell’s Auxiliary Power Unit (APU), a device which provides power when main aircraft engines are not running, played a critical role in the emergency landing of US Airways Flight 1549 in New York’s Hudson River on Thursday, January 15. Captain Chesley B. Sullenberger III maneuvered the plane en route from New York’s La Guardia airport [...]

Posted on Tuesday, January 20, 2009

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Honeywell Receives Department of Energy Contract to Help Reduce Energy Consumption and Costs

Honeywell has received an Indefinite Delivery Indefinite Quantity (IDIQ) Energy Savings Performance Contract (ESPC) from the Department of Energy. The contract allows Honeywell to implement up to $5 billion of energy-efficiency, renewable-energy and water-conservation projects at federally owned buildings and facilities, nationally and internationally, over the next 10 years. Honeywell received one of 16 new [...]

Posted on Tuesday, January 13, 2009

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