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