Honeywell undergoing test flights - Analyst Blog

Honeywell International Inc (HON) announced that its Next Generation Flight Management System (NGFMS) is currently undergoing test flights on the Gulfstream G650, and was part of the first flight on the Boeing 747-800. 

The NGFMS, which will certify later this year on the Boeing 747-800, enables Required Navigation Performance (RNP) 0.1, and allows operators to comply with the U.S. initiative NextGen Air Traffic Management (ATM) and the Single European Sky ATM Research (SESAR) program. It also supports Wide Area Augmentation System - Localizer Performance with Vertical guidance (WAAS-LPV), Future Air Navigation System 1 (FANS-1) and FANS-2 requirements. The company announced that it has completed the initial ground tests for the auxiliary Power Unit (APU) on the Airbus A350 XWB aircraft. 

The HGT1700, at 1700 shaft horsepower (SHP), is the largest APU that Honeywell has ever developed. An APU is a gas-powered turbine engine that provides bleed air for starting the main engine and pneumatic and electrical power for cockpit and galley systems. The new APU incorporates proven technology from Honeywell 331-500/-600 APUs, including technologies that have more than 14 million hours of service. The company also announced that its Light Emitting Diode (LED) wingtip navigation lighting is now standard on new production Airbus A320 Family aircraft, comprising the A318, A319, A320 and A321. 

Honeywell's LED wingtip navigation lighting lasts up to 40 times longer than current halogen technology, greatly reducing operator maintenance costs. Drop-in LED replacements make maintenance quicker and easier. Honeywell offers retrofit LED wingtip lighting for the A320 Family as well, which requires no aircraft modification for installation.
 
Honeywell International is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell's shares are traded on the New York, London, and Chicago Stock Exchanges. Major competitors are United Technologies Corporation (UTX) and Johnson Controls Inc. (JCI). 

We currently have a Neutral recommendation on HON.
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