Honeywell: The leader in Aircraft Engines and Avionics
Honeywell International, Inc. is a worldwide conglomerate company that manufactures and produces various commercial and consumer products, engineering services, and aerospace systems. Their products are catered to a widely diverse customer base from the general public to businesses to government. Founded by Mark C.Honeywell in 1906, Honeywell International, Inc. started off as a heat regulating company. Since then, the company has grown into a Fortune 100 company, employing over 130,000 people worldwide, and has met yearly revenues of over $39 billion.The aerospace division of Honeywell International, Inc. is the largest manufacturer of aircraft engines and avionics. It is also a producer of auxiliary power units and other aviation products. This division alone generates approximately $10 billion in annual revenue which consists of commercial, government, and defense contracts. Some of their products include rotaries, synchros, transformers, switches, relays, and various assemblies. Honeywell International, Inc. is manufacture that is constantly contracted by the U.S Government. The company is a top producer of products that meet government specifications. Some contracts include:
2013 - Honeywell International, Inc. was awarded a $502.43 million government contract for purchase of spare parts to upkeep aircrafts, engines, helicopters, and weapon systems.
2012 – Honeywell International, Inc. was awarded $80 million by the U.S. Air Force for the production of Enhanced GPS and Inertial Navigation Systems.
2012 – Honeywell International, Inc. was awarded a $31 million contract from the U.S. Marine Corps and the U.S. Army to provide maintenance, repair, management, and transportation for high-value equipment and vehicles during U.S military withdrawal from Afghanistan.
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Posted on November 12, 2014