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Honeywell Offers HTS900 Engine to Marenco Swisshelicopter

Honeywell Aerospace, a part of Honeywell International IncHON , recently signed a contract to supply its next-generation HTS900 engine to Marenco Swisshelicopter, a Swiss helicopter manufacturing firm. Additionally, Honeywell will provide wide-ranging helicopter life-cycle support to Swisshelicopter to ensure the control of its direct maintenance costs in the long term.

The HTS900 engine provides helicopter owners with twin-engine performance with a single-engine installation, which translates into better performance and efficiency at lower costs. These engines are likely to generate substantial maintenance savings for the operators and deliver strong performance at high altitudes and in hot temperatures while reducing emissions. The pilots are likely to benefit from increased payload capacity at high altitudes as a result of the engine's high power-to-weight ratio.

Honeywell continues to invest in new products and technologies to augment its revenues and at the same time helps operators with new ways to enhance their fleet management. Honeywell Aerospace is a leading global provider of integrated avionics, engines, systems and service solutions for aircraft manufacturers, airlines, business and general aviation, military, space and airport operations.

Honeywell is a global diversified technology and manufacturing company with a wide range of products and services. These include 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 as well as energy efficient products and solutions for homes, business and transportation.

Honeywell currently has a Zacks Rank #3 (Hold). Stocks that look promising in the industry includes Middleby Corp MIDD , Compass Diversified Holdings CODI and Federal Signal Corp. FSS , each carrying a Zacks Rank #2 (Buy).

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HONEYWELL INTL (HON): Free Stock Analysis Report

FED SIGNAL CP (FSS): Free Stock Analysis Report

COMPASS DIVERSF (CODI): Free Stock Analysis Report

MIDDLEBY CORP (MIDD): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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