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HONEYWELL TO ACQUIRE CAES TO ENHANCE DEFENSE TECHNOLOGIES ACROSS LAND, SEA, AIR AND SPACE
Prnewswire· 2024-06-20 11:00
CAES' high-reliability radio frequency technologies will help drive long-term growth and further diversify revenue streams on leading defense platforms This acquisition will enhance Honeywell's defense technology solutions across land, sea, air and space, including new electromagnetic defense solutions for end-to-end radio frequency (RF) signal management. With CAES' scalable offerings and Honeywell's current defense and space portfolio, the combined company will grow Honeywell's established production and ...
Honeywell (HON) to Gain From Business Strength Amid Risks
ZACKS· 2024-06-18 14:41
Honeywell International Inc. (HON) has been witnessing solid momentum in its commercial aviation original equipment and aftermarket businesses, driven by solid demand in the aviation market. Strength in the company's defense and space business, supported by stable U.S. and international defense spend volumes, have been driving its Aerospace segment. Also, solid demand for building solutions and a robust backlog level have been driving its Building Automation segment. Exiting the first quarter, its overall b ...
Honeywell International Inc. (HON) Stock Sinks As Market Gains: Here's Why
ZACKS· 2024-06-12 23:15
Honeywell International Inc. (HON) ended the recent trading session at $208.50, demonstrating a -0.47% swing from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.85%. Meanwhile, the Dow lost 0.09%, and the Nasdaq, a tech-heavy index, added 1.53%. Coming into today, shares of the company had gained 3.09% in the past month. In that same time, the Conglomerates sector gained 3.32%, while the S&P 500 gained 3.11%. The investment community will be paying close attention to the ...
HONEYWELL REVOLUTIONIZES LARGE-SCALE BATTERY MANUFACTURING WITH AUTOMATION SOFTWARE
Prnewswire· 2024-06-11 10:30
HOUSTON, June 11, 2024 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced the launch of its Battery Manufacturing Excellence Platform (Battery MXP), an artificial intelligence (AI)-powered software solution designed to optimize the operation of gigafactories from day one by improving battery cell yields and expediting facility startups for manufacturers. By delivering powerful data that can improve quality control and decision making on the plant floor, Battery MXP is designed to help manufacturers cut ...
Aerospace And Megatrends: Honeywell's Path To 10-14% Annual Returns
Seeking Alpha· 2024-06-07 17:10
Eoneren Demand for 40,850 new passenger & freighter aircraft Blourie: Arisca CM 201 a paymad above 100 Number of aircraft 46,560 22,880 aircraft in-service 22,000mning of 2020: 23,680 (including 2020-22 deliveries) 40,850 75% will be replaced 40,850 new deliveries 17,170 2023-2042: 22,880 58% for growth 42% for replacer Stay (incl. 2020-22 deliverios) 5,710 ries (2023-2042) ning 20 2042 New Del AIRBUS One of Honeywell's problems is its diversification. Since that may sound weird, let me elaborate. At the st ...
Honeywell International Inc. (HON) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKS· 2024-06-06 23:15
The company's shares have seen an increase of 5.67% over the last month, not keeping up with the Conglomerates sector's gain of 8.3% and outstripping the S&P 500's gain of 4.59%. For the full year, the Zacks Consensus Estimates project earnings of $10.09 per share and a revenue of $38.61 billion, demonstrating changes of +10.15% and +5.31%, respectively, from the preceding year. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of succes ...
Up 5% In A Week Does Honeywell Stock Have More Room For Growth?
Forbes· 2024-06-06 12:00
BASILDON, ENGLAND - JANUARY 15: A general exterior view of the logo sign on the Honeywell ... [+] International Inc office building on January 15, 2024 in Basildon, United Kingdom. (Photo by John Keeble/Getty Images) Getty Images Honeywell (NYSE: HON) stock has seen a rise of 5% in a week, faring better than its peer — General Electric stock – down 3%. The rise in HON stock in recent days can partly be attributed to the company's revision of its outlook for the full-year 2024 following its acquisition of Ca ...
Honeywell (HON) Acquires Carrier's Global Access Solutions Unit
ZACKS· 2024-06-05 15:25
Honeywell International Inc. (HON) recently completed the acquisition of Carrier Global Corporation's (CARR) Global Access Solutions business for an all-cash deal of $4.95 billion. This acquisition is expected to strengthen HON's foothold in the security solutions market. Florida-based Carrier is a provider of advanced heating, ventilation, refrigeration, air conditioning, fire, security and building automation technologies. Its Global Access Solutions business provides advanced access and security solution ...
Honeywell Integrates Artificial Intelligence into its Guided Work Solutions to Improve Retailer Performance
Prnewswire· 2024-06-04 12:04
Hands-free technology with insights from Honeywell Forge architecture empowers retail associates to increase productivity, reduce errors and create exceptional customer experiences CHARLOTTE, N.C., June 4, 2024 /PRNewswire/ -- Honeywell (Nasdaq: HON) today announced an update to incorporate artificial intelligence (AI) and machine learning into its Guided Work Solutions to help bring greater operational efficiency and better shopper experiences to retailers in today's competitive landscape. Honeywell Guided ...
Honeywell(HON) - 2024 Q1 - Quarterly Results
2024-06-03 11:07
Exhibit 99 Contacts: Media Investor Relations Stacey Jones Sean Meakim (980) 378-6258 (704) 627-6200 stacey.jones@honeywell.com sean.meakim@honeywell.com HONEYWELL COMPLETES ACQUISITION OF CARRIER'S GLOBAL ACCESS SOLUTIONS BUSINESS AND UPDATES 2024 OUTLOOK CHARLOTTE, N.C., June 3, 2024 -- Honeywell (NASDAQ: HON) today announced the completion of its acquisition of Carrier Global Corporation's (NYSE: CARR) Global Access Solutions business for $4.95 billion. The deal positions Honeywell as a leading provider ...