Along with other industry players, diversified technology
Honeywell International Inc.
) has successfully contributed to the designing of the new Airbus
A350 XWB (Xtra Wide-Body) aircraft leading to its perfect maiden
voyage. Moving forward, the company expects to replicate this
success for innovations in other Airbus aircraft as well, thereby
strengthening the mutual relationship.
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Boasting a seating capacity of 270 to 350 passengers, Airbus A350
XWB fleets are designed for long-range flights with the latest
aerodynamics and advanced technologies for reduced fuel
consumption and more efficiency. The aircrafts are manufactured
from advanced materials to make it lighter by combining 53% of
composite structures with titanium and advanced aluminum alloys.
Honeywell provided key elements of the mechanical and avionics
products used in Airbus A350 XWB to make it more reliable and
comfortable. Honeywell has also provided the most advanced Flight
Management System (FMS) and Aircraft Environment Surveillance
System (AESS) available for superior cockpit integration for
pilots. For passengers and crew, the company offered improved air
management systems for a refreshing long-haul flying experience.
Based in Morris Township, NJ, Honeywell manufactures a wide range
of aerospace products and services, including control, sensing
and security technologies for buildings, homes and industry;
turbochargers; automotive products; specialty chemicals;
electronic and advanced materials; process technology for
refining and petrochemicals; and energy efficient products and
solutions for homes and business.
Honeywell operates its business through four operating segments -
Aerospace, Automation and Control Solutions, Performance
Materials and Technologies, and Transportation Systems.
Honeywell's diversified business portfolio mitigates operating
risks and has the potential to earn consistent above-average
The Aerospace division of Honeywell develops indigenous
technologies for air traffic modernization, flight and runway
safety, engines, cockpit and cabin electronics, connectivity, and
logistics for safe, efficient, productive and comfortable
Honeywell currently has a Zacks Rank #3 (Hold). Other companies
in the industry worth mentioning include
Compass Diversified Holdings
Hutchison Whampoa Ltd.
), each carrying a Zacks Rank #2 (Buy).