Honeywell Advances Aircraft Communication

Honeywell International is advancing the way planes communicate with each other,resulting in advantages for both the public and the planet.Honeywell's Aerospace division has developed new pilot software.It enables what are essentially automatic text messages between aircraft.The messages are sent to each aircraft from other aircraft to give a more accurate picture of where everyone is.
Bob Witwer,Vice President of Aerospace Advanced Technology,explained that means that distances between planes can be shortened with a very high degree of safety.The software gives a better sense of situational awareness.The development was made possible by the discovery of communications technology that can do this data exchange,as well as the achievement of raw computing power that enables us to collate all the data.
The FAA has been very strong in this case.It is the first in many improvements that will help aircraft get there faster;save fuel;and protect the environment with lower emissions.We are very confident in this technology,Mr.Witwer said.
Honeywell International has its headquarters in Morristown,New Jersey,and other facilities around the globe.Its operating segments include Aerospace;Automation and Control Solutions;Performance Materials and Technologies;and Transportation Systems.
Honeywell International(HON)

Honeywell Aerospace Deals

The Aerospace Division of Honeywell International(HON) has been prospering lately.It has just signed a 50 million dollar U.S. contract with Air Asia,and its 2.2 billion profit makes up nearly half of Honeywell's total.Half of the division's after-market business is in North America.It provides specific applications for airplanes,as well as upgrades for fuel efficiency and safety.Division chief Robert Gillette says they'd like to look at expanding globally,though it's a challenge with the weak U.S. dollar.Honeywell Aerospace is selling its parts business to BE Aerospace(BEAV) for just over one billion dollars.

A Thoughtful Group

As I close out the first year of this blog,I would like to thank my small group of committed readers.Knowing you are out there makes this more worthwhile.Some of you are in distant lands.Some of you are financial professionals.All are thoughtful participants in the global economy.Whatever happens in the financial markets,we are all better off for having applied our minds to this subject which affects our daily lives.The best-performing Dow stocks in 2007 as of this morning were McDonald's(MCD),Merck(MRK) and Honeywell International(HON).Such large-cap multinationals remain in favor with many analysts.

Honeywell Does Well

Based in Morristown,New Jersey,Honeywell International,Inc.(HON) has many frying pans in the fire.With seven operating divisions,this multinational competitor makes everything from fire alarms to antifreeze.Its global reach and diversity help HON to have something going for it most of the time.And as a defense contractor,Honeywell stands to profit from the hefty military spending in a time of war.