Honeywell has announced an upgrade to its HTF7000 turbofan engine that will simultaneously cut emissions and boost thrust without increasing engine size.

SABER2, the new variant of Honeywell’s singular annular combustor for emissions reduction (SABER) currently available for the HTF engine family, will reduce drag and weight through improved aerodynamics and re-engineered fuel nozzles and fuel scheduling systems. These changes will offer improved performance as well as significant reductions in nitrous oxide emissions, going beyond the 25 percent reduction already delivered through Honeywell’s existing SABER system. SABER2 is expected to be commercially available by late 2013.

Honeywell will showcase other aviation products at the European Business Aviation Convention and Exhibition (EBACE) from May 14-16 in Geneva, Switzerland. Products include: Ovation Select™ Cabin Management System, Primus Elite™ Flight Deck, Gulfstream PlaneView® Flight Deck,  and Dassault EASy II Flight Deck.

Read all Honeywell Business Aviation News.

The current issue of Fortune Magazine features Honeywell Chairman and CEO Dave Cote, highlighting the remarkable transformation in financial performance, culture and operations the company has experienced during his decade as leader.   

From his childhood through college and into his career, the article describes Cote as an independent thinker who values hard work and focus.  Under Cote, Honeywell’s stock price is up 84% with a total shareowner return of 215%, outperforming almost all names in its industrial peer group and the S&P 500.  He is credited with aligning the Honeywell, Allied Signal and Pittway cultures and introducing disciplines across the business, such as the Honeywell Operating System (HOS), to unite the company and mobilize the work force under common goals.  The article also highlights Cote’s push to transform Honeywell’s process for mergers and acquisitions, acquiring 70 businesses and divesting 40 over a decade, to shift the company’s portfolio to game-changing technologies that drive high margins and rapid growth. 

The article appears in the magazine’s Fortune 500 issue, which is on newsstands now.  The issue also shows Honeywell at number 77 on the Fortune 500 list, up four spots from 2011.

Read the article.

Honeywell’s SmartView Synthetic Vision System, an aircraft cockpit display technology, has been chosen by aircraft manufacturer Pilatus for its PC-12 NG aircraft equipped with the Primus Apex integrated flight deck. The SmartView option is available now on new PC-12 NG production aircraft and also will be retrofittable in the future.

SmartView will provide PC-12 NG pilots with a real-time view of the location of the aircraft relative to surrounding terrain and a compelling 3-D virtual view outside the cockpit that is unencumbered by visual impediments such as fog, bad weather or darkness. SmartView is also a strategic tool, offering guidance cues, terrain shading and other intuitive prompts to aid pilots in critical decision-making — ultimately improving overall safety for PC-12 NG pilots and passengers. 

Honeywell will showcase other aviation products at the European Business Aviation Convention and Exhibition (EBACE) from May 14-16 in Geneva, Switzerland. Products include: Ovation Select™ Cabin Management System, Primus Elite™ Flight Deck, Gulfstream PlaneView® Flight Deck,  and Dassault EASy II Flight Deck.

Read all Honeywell Business Aviation News.

Honeywell and Inmarsat have signed an exclusive agreement to provide global in-flight connectivity services to business, commercial, and government aviation customers around the world.  Under the terms of the agreement, Honeywell will develop, produce, and distribute the onboard hardware that will enable users to connect to Inmarsat's Global Xpress™ network.  This exclusive agreement is estimated to represent $2.8 billion for Honeywell in sales of hardware, customer service, and maintenance to airlines, government entities and original equipment manufacturers (OEMs) over the next two decades.  Global Xpress is scheduled for launch in 2013, with global service for commercial, business aviation, and government customers available in 2014.

By combining Honeywell's satellite communication capabilities with Inmarsat's Global Xpress connectivity, travelers will be able to do everything from real-time social media, to video conferencing and multi-media presentation development while in-flight virtually anywhere in the world, with an experience similar to being at home or in the office.  Passengers will have fast, reliable in-flight connectivity for their iPads, smartphones, tablet devices, and laptops while crossing oceans.

"With this new service, the flow of information will no longer stop when the door to the aircraft closes," said Tim Mahoney, President and CEO, Honeywell Aerospace. "Honeywell identified global aircraft connectivity as a future growth trend, and through the combination of the recently acquired EMS Technologies, Inc.'s broad technology offerings and Honeywell's global aerospace franchise, the company is the perfect partner to launch the Inmarsat Global Xpress aerospace network. We believe this new network will significantly expand the connectivity options of consumer, business, and government customers around the world."

Read the press release
Learn more about Honeywell Satellite Communications

Porter Airlines has successfully conducted the first biofuel-powered revenue flight in Canada using aviation biofuel made by Honeywell’s UOP.  The Green Jet Fuel, which was made from the plants camelina and brassica carinata and then blended in a 50/50 ratio with petroleum-based fuel, powered one engine of the Bombardier Q400 turboprop aircraft as it flew from its base at Billy Bishop Toronto City Airport to Ottawa. 

To date, Honeywell’s Green Jet Fuel has been used flawlessly in almost 30 commercial and military flights.  The fuel was approved for use in commercial flight on July 1, 2011, and, since that time, Honeywell’s biofuel has been used on a number of commercial, passenger-bearing flights including an Aeromexico weekly route from Mexico City to Costa Rica, and a United flight from Houston, Texas to Chicago, Ill.  The fuel meets all specifications for flight and has shown improved energy efficiency, allowing aircraft to fly further on less fuel. 

Learn more about Honeywell Green Jet Fuel

Boeing has unveiled its latest business jet to enter service, and the new luxury aircraft features Honeywell’s Ovation Select digital cabin system to boost connectivity for passenger’s electronic devices. 

Honeywell’s Ovation Select features an enhanced intuitive interface that keeps passengers informed and connected with their business operations while in flight.  The system offers the latest technological advancements to deliver seamless and easy connectivity whether passengers are connected via their BlackBerry, using their laptops or iPads or conducting a video conference call.  Its 100% digital architecture and Ethernet backbone reduce installation time while simplifying diagnostics and troubleshooting. 

Boeing unveiled the new aircraft, a modified 737-700 with -800 wings that is designed to seat 19 and sleep eight passengers, at the Asian Business Aviation Conference and Exhibition in Shanghai.  The first delivery to a private customer took place earlier this month. 

Learn more about Honeywell Ovation Select.

As part of the contracts, Honeywell will provide China Eastern with customized aftermarket maintenance solutions for new and existing Boeing 737 NG and Airbus narrow-body aircraft. These tailored solutions will provide engineering expertise, maintenance and support resources that will help China Eastern simplify operations, while delivering greater operational flexibility and scalability.

For more information, read the press release.

The company reported full-year 2011 results including:
• 2011 sales of $36.5 billion, up approximately 13% over 2010
   – 8% organic sales growth, again reflecting strong end markets, successful new product launches, and continued expansion in high growth regions
• 2011 proforma earnings (excluding the impact of pension mark-to-market adjustments)  of $4.05 per share, up 35% over $3.00 in 2010; Reported EPS of $2.61 in 2011 versus $2.59 in the prior year
   – Pension mark-to-market adjustment of $1.44 per share calculated using 791.6 million weighted average shares outstanding assuming dilution
• 2011 cash flow from operations of $2.8 billion, includes $1.7 billion cash pension contribution in the year
   – 2011 free cash flow of approximately $3.7 billion, prior to $1.7 billion cash pension contribution

“Honeywell had a terrific 2011,” said Honeywell Chairman and CEO Dave Cote. “We executed across the portfolio with record organic sales growth and segment margins. Our 2011 performance reflects the operational and financial disciplines that underpin the transformation that has taken place at the company over the last 10 years. We deployed the Honeywell 5 Initiatives – Growth, Productivity, Cash, People, and our Enablers, and created a common One Honeywell culture committed to continuous improvement. As a result, we built a better set of businesses with Great Positions in Good Industries, a terrific performance track record, a great leadership team with a truly global focus, a very full pipeline of new products and technologies, and our key process initiatives that are gaining momentum. We’ve come a long way, and we feel even better about our future.”

“While we expect a more challenging macro environment ahead in 2012, primarily driven by softness in Europe impacting the short-cycle businesses, we’re confident that Honeywell is well positioned to continue to outperform,” continued Cote.  “Our long-cycle businesses are accelerating, with Commercial Aerospace OE, UOP, Building Solutions & Distribution, and Process Solutions all having substantial backlog, in total just under $16 billion. While we expect growth to moderate in the first half of 2012, we’re confident that we can drive strong sales conversion leading to higher segment margins over the course of the year.  The investments we’ve made, coupled with our execution track record and disciplined playbook, will be key to our continued outperformance in 2012 and beyond.”

For more information, read the press release or listen to a replay of the Investor Conference Call.

Honeywell has named Briand Greer President of Aerospace Asia Pacific. Greer is based in Shanghai and will report to Tim Mahoney, President and CEO of Honeywell Aerospace. Greer succeeds Mark Howes, who will be returning to Phoenix, Arizona, to continue a role within the Aerospace Leadership Team.

As president of Honeywell Aerospace in Asia Pacific, Greer will oversee direct Honeywell operations across six countries and broader field operations across a network of 14 countries in the region. 
 
“Briand has more than 20 years of experience in the aerospace industry,” said Mahoney. “Briand’s deep understanding of our technologies and capabilities, combined with his track record of growing our Aerospace business globally, will be critical to strengthening our position in Asia Pacific and help advance China’s aviation industry.”

Greer was most recently Vice President of China Growth at Honeywell Aerospace, in which he was responsible for all strategic growth initiatives with the Aviation Industry Corporation of China (AVIC) and other entities across the region. Previously, Greer has held positions with Honeywell as Vice President of Global Sales and Business Development for the Defense & Space business unit and as Vice President of Airline Sales, where he was responsible for global airline sales, business development strategies and execution.  Greer has traveled and done business in Asia for the past 15 years and has led aerospace business development in China for the last seven years.

For more information, read the press release.

Don Bateman, chief engineer and corporate fellow at Honeywell, is one of five inventors to receive this year’s National Medal of Technology from U.S. President Barack Obama. The recognition is the highest honor bestowed by the U.S. government on scientists, engineers, and inventors. Bateman is being honored as a laureate for developing and championing critical flight-safety sensors now used by aircraft worldwide, including ground proximity warning systems and wind-shear detection systems. Read more about the award.

Bateman is widely recognized in the industry as a pioneer of flight safety systems and products. Many of the technologies he first envisioned and designed proceeded through production and certification, such as the angle of attack systems, stall warning systems, ground proximity warning systems (GPWS), automatic throttle, reactive wind shear warning systems, and radar. He is the inventor or co-inventor of more than 50 U.S. patents and 90 foreign patents, and is a recipient of numerous industry awards including induction into the National Inventors Hall of Fame, the Laura Tabor Barbour Air Safety Award, Admiral Luis de Florez Safety Award, and the Flight International Aerospace Industry Personality of the Year. His dedication to aviation safety is strengthened by his personal love of flying — he has logged more than 2,200 flight hours as a private pilot.