Honeywell Aerospace Invests $500M in Defense Tech
Durham News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Honeywell Aerospace secures a $500M DoD deal to upgrade military tech manufacturing, becoming one of the first suppliers in a new program. The company plans to spin off its Aerospace unit, aiming for $15B in annual revenue. This move aligns with the Defense Departments strategy to collaborate with suppliers for enhanced output and capacity.
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