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Honeywell Announces $160 Million Worth of Business Wins at Singapore Air Show

Honeywell Aerospace announced new business wins valued at approximately $160 million at Asia’s largest aerospace and defense event – the Singapore Air Show, one of the top three largest airshows worldwide.  The wins include contracts with Hainan, Turkish, Qantas, Vietnam, Jeju Air, Singapore, China Eastern, and PT Lion Mentar Airlines, for avionics, wheels and brakes, [...]

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Honeywell China Aerospace Academy Opens; Provides Training to Customers

The Honeywell China Aerospace Academy (HCAA) recently opened in Shanghai to offer customers in China advanced training to better understand Honeywell’s technology and improve their management expertise.
At the opening, Honeywell Chairman and CEO Dave Cote was joined by Zhang Qingwei, Chairman of Commercial Aircraft Corporation of China (COMAC), representatives from other leading Chinese companies, and [...]

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Honeywell Chairman and CEO Dave Cote Discusses Positive Trends in Global Economy, Benefits to Honeywell on CNBC’s Closing Bell

Honeywell Chairman and CEO Dave Cote appeared on CNBC’s “Closing Bell” news program on Friday, October 30, where he discussed positive trends in the global economy and their effects on Honeywell’s great positions in good industries with host Maria Bartiromo.
“The [economic] mood is more hopeful now than I’ve seen it in awhile,” said Cote.  “The [...]

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Honeywell Names Tim Mahoney President and CEO of Honeywell Aerospace

Tim Mahoney has been named President and CEO of Honeywell’s $11 billion Aerospace business, effective immediately.  Mahoney will report to Honeywell’s Chairman and CEO Dave Cote.
“Tim has more than 30 years of experience in the aerospace industry and is uniquely qualified to make a seamless transition to President and CEO of Honeywell Aerospace,” said Cote.  [...]

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Global New Aircraft Purchase Expectations Drop 21% Compared to 2008 Survey

Honeywell’s eleventh Turbine-Powered Civil Helicopter Purchase Outlook projects flat to slightly higher deliveries of new civil use helicopters during the five-year period 2009 – 2013 compared to the 2004 – 2008 period. A lack of financing availability (where 30% of sales are financed), a sharp rise in inventories of used current production models for sale, [...]

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