NasdaqGS:HONIndustrials
Honeywell Deal Deepens Defense Role And Shapes Long Term Investment Outlook
Honeywell International (NasdaqGS:HON) has signed a supplier framework agreement with the U.S. Department of War to expand production of defense technologies.
The multi year framework includes a planned $500 million investment in navigation systems, actuators, and electronic warfare solutions.
This agreement is designed to increase Honeywell Aerospace's role as a core supplier of critical defense equipment.
For investors watching NasdaqGS:HON, this deal comes with the stock at a share price...