SmartPath is the world’s only certified Ground-Based Augmentation System (GBAS) – a technology that augments signals from the Global Positioning System (GPS) to make them suitable for precision approach and landing. It overcomes many of the limitations of Instrument Landing Systems (ILS) traditionally used by airports to guide aircraft as they approach the runway.
“With significant passenger growth occurring at many airports globally, the pressure on traditional ILS systems to support increasing traffic volumes is greater than ever before,” said Pat Reines, senior product manager, SmartPath, Honeywell Aerospace. “Unlike ILS, GBAS supports multiple approaches simultaneously, reducing airspace congestion and lowering airport noise and emissions. For airports such as Frankfurt that are ambitious about growth, Honeywell’s SmartPath GBAS represents a cost-effective, easy-to-install alternative to ILS.”
Honeywell Aerospace and Inmarsat’s GX Aviation program is one step closer to providing travelers with a home- and office-like wireless connectivity experience even at 30,000 feet by the year 2015. Inmarsat successfully launched the first of three satellites in the Global Xpress constellation network, the Inmarsat-5 F1. The constellation will deliver the world’s first truly global, high-speed in-flight Wi-Fi, offering passengers, airlines and original equipment manufacturers consistent connectivity for commercial, military and business aircraft over land and sea.
“With the launch of Inmarsat’s first satellite in the Global Xpress constellation, passengers and airlines will get exactly what they desire: faster in-flight Wi-Fi that provides everybody with the ability to shop, access email, connect with friends on social networking sites, and enjoy live streaming for entertainment with a consistent connection across oceans and regions,” said Jack Jacobs, vice president of Marketing & Product Management at Honeywell.
The F1 satellite will first cover the Indian Ocean region. The remaining satellites are expected to launch in the second and third quarters of 2014, providing global coverage by the end of 2014. GX Aviation service will be available in 2015.
Honeywell today announced its 2014 financial forecast and reaffirmed its 2013 outlook. The company forecasts 2014 sales growth of 4-5 percent, up 3-4 percent organic. It’s 2014 earnings growth is expected to be driven by strong operational performance and sales conversion. Continued robust cash flow generation provides flexibility to deliver value. Honeywell is on track to achieve its 2014 long-term targets.
“We expect 2014 to be another strong year for Honeywell with across the board growth in sales, margin, EPS, and free cash flow,” said Honeywell Chairman and CEO Dave Cote. “Next year, we will complete our first 5 year plan and our 2014 outlook is reflective of the company being on track to achieve the long-term targets that were set in 2010. In fact, we’ve already achieved the low-end of our long-term margin target in 2013. These strong results have been supported by our balanced portfolio mix of short- and long-cycle businesses, improving end markets, consistent new product introductions, continued penetration in high growth regions, and our key process initiatives. While we’re expecting the macro environment next year to be similar to 2013, we’ll remain flexible and continue our disciplined focus on growth and productivity, which we expect will drive strong margin expansion, double-digit earnings growth, and robust free cash flow conversion again in 2014.”
Orhan Genis, President Turkey & Central Asia at Honeywell, received a Lifetime Achievement award in industry in Ankara, Turkey, on November 27. This prestigious award was presented by the Middle East Technical University (METU), which is a state university in Turkey founded in 1956 with currently 26,500 students, from which Orhan is an alumni.
Presented by the University President and Professor, Dr. Ahmet Acar, this annual award has been given since 2003 to METU graduates, friends and supporters who are industrial business leaders and who achieved extraordinary success in industry.
Norm Gilsdorf, President High Growth Regions Russia Middle East and Central Asia, commented, “Orhan is a true ambassador of the Honeywell brand. He is a clear example of the high caliber of talented leaders in High Growth Regions who, thanks to their experience and knowledge, help grow our presence locally and raise awareness about what we do.”
Honeywell Initiative for Science & Engineering (HISE) has been recently named as one of the “2013 Most Influential CSR Programs in China.” This award comes from China International Public Relations Association (CIPRA) and 17PR.com, one of China's most popular public relations websites.
In 2013, HISE brought Nobel Laureate Professor Sheldon Glashow to Beihang University for a two-day program of inspirational exchange with students and faculty. During the program, Glashow argued that scientific discoveries that happen by chance are of equal importance to those that are made through targeted research and intelligent design. He encouraged students to focus on both as they explore new ideas and concepts.
Honeywell PowerShield™ Cool Black, a black laminate film designed to help make black solar panels cooler and more efficient, has been named one of the top 10 most innovative materials at PVTOP50, a solar conference held in Shanghai, China. The product was selected by a combination of consumer votes and assessments from managers at the National Development and Reform Commission of China and experts from China’s photovoltaic industry associations.
"The technology behind PowerShield Cool Black is based on more than three decades of Honeywell innovation in high-barrier films for food packaging, industrial and healthcare applications,” said Xu Huang, Asia general manager for Honeywell Specialty Products. “Collaborative testing by local Chinese component manufacturers and other global leaders has proven the effectiveness of this technology to meet the demanding needs of solar manufacturers. Honeywell is committed to an active and global research and development program for photovoltaic backsheets, with laboratories in the U.S. and Shanghai.”
General Manager of Honeywell Specialty Products for Asia Xu Huang (fifth from left) received the award at a cermeony during the PVTOP50 conference.