Search Results for: Honeywell

Honeywell to Provide In-Flight Wi-Fi on Boeing 757 Through Inmarsat’s GX Broadband

TYSONS CORNER, VA, January 25, 2016 — Honeywell’s (NYSE: HON) JetWave hardware will provide Internet connectivity aboard the Boeing (NYSE: BA) 757 aircraft through Inmarsat’s Global Xpress broadband satellite network after receiving the Federal Aviation Administration’s approval, ExecutiveBiz reported Friday. Honeywell said Thursday it had 180 flight hours’ worth of tests for the system approval. About Executive Mosaic: …

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Tim Mahoney: Honeywell to Buy Satcom1 for In-Flight Connectivity Market Push

Honeywell (NYSE: HON) has agreed to purchase aeronautical satellite communications technology and services company Satcom1 for an undisclosed amount as the companies aim to develop an integrated in-flight connectivity offering. Tim Mahoney, president and CEO of Honeywell’s aerospace business, said Monday the company made the acquisition to also grow its satcom hardware and software …

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Tim Mahoney: Honeywell Targets Space Tech Growth With Com Dev Purchase

Honeywell (NYSE: HON) has agreed to buy space hardware manufacturer Com Dev International for about $345 million in a push to grow Honeywell’s portfolio of satellite and connectivity technologies. Honeywell said Thursday the purchase price is net of Com Dev’s cash and debt, and the company expects the transaction to …

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Intel, Honeywell Develop Internet of Things Tech for Workplace Safety

TYSONS CORNER, VA, November 5,  2015 — Intel (Nasdaq: INTC) has partnered with Honeywell (NYSE: HON) to develop an Internet of Things tool that works to help boost productivity and workplace safety among first responders and industrial workers, ExecutiveBiz reported Wednesday. Honeywell said Tuesday the Honeywell Connected Worker system, which the team exhibited at …

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Honeywell Tops 3Q Profit Estimates, Revenue Below Wall Street Forecast

Honeywell International (NYSE: HON) — one of 30 companies listed on Executive Mosaic’s GovCon Index — has reported third quarter earnings of $1.60 per share, five cents higher than the Wall Street consensus forecast of $1.55 per share. Net income for the conglomerate in the third quarter was $1.3 billion …

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MC Dean, Honeywell Awarded SPAWAR C4ISR System Installation Contracts

The U.S. Navy has awarded M.C. Dean and Honeywell (NYSE: HON) each four-year contracts to install command, communication, control, computer, intelligence, surveillance and reconnaissance platforms aboard naval surface vessels and submarines. The service branch awarded $854 million to M.C. Dean and $805 million to Honeywell for operational certification services related to C4ISR systems under the multiple-award, …

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Honeywell Adds Senior-Level Positions as Part of Five-Year Growth Plan; Dave Cote Comments

Honeywell (NYSE: HON) has announced promotions and other changes within its leadership ranks as part of a five-year plan that aims to grow its businesses, expand geographically and improve its sales and margin rate. The company has “an ongoing commitment to evolving as a company, which includes the newly created …

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Navy Taps CACI, Honeywell, Serco for Electronic Surveillance Systems Support

CACI International (NYSE: CACI), Honeywell (NYSE: HON) and Serco Inc. will compete for task orders to perform technical support and related services for U.S. Navy electronic surveillance systems under a set of potential five-year contracts. The Navy will also award work for lifecycle sustainment, integration and acquisition support services for …

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Honeywell Picked For $61M Rock Island Arsenal Energy Savings Program; Col. David Luders Comments

Honeywell (NYSE: HON) has won a contract to help the U.S. Army implement energy conservation measures at the Rock Island Arsenal Joint Manufacturing Technology Center in Illinois. The Army aims to save up to $5.3 million in energy and operational costs under the 20-year energy performance savings contract, Honeywell said Wednesday. …

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Honeywell Completes Tender Offer for EMS Technologies, On Door Step of Completing Acquisition

Honeywell‘s (NYSE: HON) wholly-owned subsidiary Egret Acquisition Corp. has completed its tender offer for all shares of common stock of EMS Technologies, Inc. (NASDAQ: ELMG), for $33.00 per share, or $491 million. EMS provides connectivity solutions for mobile networks and satellite communcations. The offer’s expiration on Friday, Aug. 15, 2011 meant …

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