Honeywell International (HON) is collaborating with The Boeing Co. (BA) to create an integrated security and building management platform to improve safety and operations at large facilities.
The solution will leverage Honeywell’s extensive security and building management expertise.
The new system will facilitate a comprehensive view of alarm-triggering events delivering real-time, detailed visual information.
Honeywell is a leading supplier of electronics, consumable hardware, engine controls, environmental controls, landing systems, power systems, propulsion engines, aerospace services and space products and systems for the aerospace industry, including commercial and regional airlines, air cargo carriers, as well as Original Equipment Manufacturers (OEMs) of commercial, regional, military aircraft and spacecraft.
Honeywell’s attractive collection of businesses has the potential to earn consistently above-average returns. The company’s working capital management, free cash flow generation and balance sheet strength remain positive attributes in the current weak environment.
The company is a global leader in refrigerants, aerosols and foam-insulation blowing agents used to replace ozone-depleting Chlorofluorocarbon and Hydro chlorofluorocarbons. Those same products also improve the energy efficiency of homes, appliances and commercial refrigeration systems.
The company’s proactive restructuring initiatives have positioned it to navigate better than many of its peers, but we have yet to see signs of stabilization in a number of its major end-markets.
At Automation and Control Systems, the largest segment by revenue, industrial customers are delaying both capital and operating spending across a number of businesses, driven by weakening demand.
Honeywell International Inc. is a diversified technology and manufacturing company. Its primary competitors include Johnson Controls Inc (JCI) and United Technologies Corporation (UTX).
We currently have a Neutral recommendation on Honeywell.
BOEING CO (BA): Free Stock Analysis Report
HONEYWELL INTL (HON): Free Stock Analysis Report
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