Honeywell & Verizon Partner to Launch Retail Lifecycle Solution

Group 1 - Honeywell International Inc. (HON) has partnered with Verizon Communications Inc. (VZ) to launch a bundled technology solution aimed at optimizing retail operations through the integration of Honeywell's hardware, software, and services with Verizon's 5G connectivity [1][3] - The bundled solution enhances business resiliency for retail and logistics companies, allowing them to maintain sales operations during power outages by utilizing Honeywell's Smart Pay contactless mobile payment software over Verizon's 5G network [3][4] - The solution includes Honeywell's Enterprise Mobility Services for comprehensive lifecycle management of mobile devices, improving operational efficiency by streamlining workflows and reducing downtime [4] Group 2 - Honeywell's commercial aviation and building automation segments are performing well, with the Aerospace segment benefiting from strong demand in the aviation aftermarket, leading to an 8.9% increase in shares over the past year, contrasting with a 10.7% decline in the industry [5] - There are concerns regarding weakness in the Industrial Automation segment due to lower project demand and reduced demand for products in the sensing and safety technologies business [6]