Honeywell Aerospace technologies will help
enable global same-day delivery of cargo, faster and more
sustainable flights in and around urban areas
DUBAI,
United Arab Emirates, Nov. 13,
2023 /PRNewswire/ -- Honeywell (NASDAQ: HON),
a global leader in aerospace innovation, has announced its Advanced
Air Mobility (AAM) business unit has secured contracts worth over
$10 billion. Since its formation just
over three years ago, the unit has developed vital partnerships
with industry leaders such as Archer Aviation, Lilium, Pipistrel,
Supernal and Vertical Aerospace.
"This milestone is not just about reaching a certain number,
it's a testament to the unwavering vision we hold for the future of
aviation and Advanced Air Mobility," said David Shilliday, vice president and general
manager, AAM, Honeywell Aerospace. "We are committed to
transforming travel and delivery services. Imagine a world where a
100-mile journey takes 45 minutes or less, and same-day package
delivery is possible in every populated region of the world. With
the help of our partners, we're making that vision a reality."
Honeywell's comprehensive product portfolio of ready-now
solutions has been the cornerstone of its successful entry in the
AAM market. The offerings, based on generations of experience
across all sectors of aerospace, act as the brains, muscles and
senses of the aircraft. Honeywell Anthem, a next-generation
avionics system, serves as the "brain" behind intuitive cockpit
operations. Honeywell's fly-by-wire solutions and custom-built
actuation systems function as the "muscles," providing precise
flight controls and the necessary redundancy for these advanced
vehicles. Our diverse range of sensors such as RDR-84K radar and
AH2000 attitude heading reference system adds the "senses," making
these aircraft not just smart but also aware of their
environment.
"Honeywell's nose-to-tail technology is a game-changer, setting
the standard for safety and sustainability while providing an
unprecedented user experience for our pilots," said Yves Yemsi,
chief operating officer of Lilium.
The footprint of Honeywell's AAM business spans North America, Western Europe and India. This global presence has not only
enabled Honeywell to meet customer needs more efficiently but has
also opened doors to a rich diversity of talent and perspectives,
further enriching its approach to the market.
Honeywell is also prioritizing the long-term growth of the AAM
industry. Through initiatives like hosting industry summits in
Washington, D.C., the company
brings together regulators, original equipment manufacturers and
members of Congress to catalyze meaningful dialogue and action.
"As we celebrate this milestone, we're looking toward the
future," said Jim Currier, president
and CEO, Honeywell Aerospace. "If you're developing an AAM vehicle,
the time to explore a partnership with Honeywell is now. We're
eager to collaborate with companies that share our vision to
transform the way we travel and create a more sustainable future
for aviation."
The $10B in wins represents
Honeywell's assessment of the lifetime value of awards using an
internal forecast of the number of AAM vehicles the company expects
to be built.
About Honeywell
Honeywell Aerospace products and services are found on virtually
every commercial, defense and space aircraft. The Aerospace
business unit builds aircraft engines, cockpit and cabin
electronics, wireless connectivity systems, mechanical
components and more. Its hardware and software solutions create
more fuel-efficient aircraft, more direct and on-time flights and
safer skies and airports. For more information, visit
www.honeywell.com or follow us at @Honeywell_Aero.
Honeywell is an integrated operating company serving a broad
range of industries and geographies around the world. Our
business is aligned with three powerful megatrends –
automation, the future of aviation and energy transition –
underpinned by our Honeywell Accelerator operating system
and Honeywell Connected Enterprise integrated software
platform. As a trusted partner, we help organizations solve
the world's toughest, most complex challenges, providing actionable
solutions and innovations that help make the world smarter, safer
and more sustainable. For more news and information on
Honeywell, please visit www.honeywell.com/newsroom.
Contacts:
Media
Adam Kress
(602) 760-6252
adam.kress@honeywell.com
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SOURCE Honeywell