Honeywell
American multinational conglomerate
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November 2024 | Honeywell announced its intention to sell its personal protective equipment business to Protective Industrial Products for $1.33 billion. |
June 2024 | Investigative reports, including an Al Jazeera investigation, alleged Honeywell-manufactured components were used in a missile targeting a school in Gaza, resulting in civilian casualties and sparking international condemnation. |
February 6 2024 | Honeywell announced it would be spun off into three independent companies following a major stake by activist investor Elliott Investment Management. |
December 2023 | Honeywell acquired Carrier Global's security business for nearly $5 billion to boost its automation portfolio. |
March 2023 | Honeywell announced Vimal Kapur as its next CEO, effective June 1, 2023. |
2021 | Honeywell moved its stock listing from the New York Stock Exchange to the Nasdaq. |
December 2021 | Honeywell, SES, and Hughes Network Systems demonstrated multi-orbit high-speed airborne connectivity using JetWave MCX terminal, achieving full duplex data rates over 40 Mbps across GEO and MEO satellite links. |
November 2021 | Honeywell announced the spinoff of its quantum division into a separate company named Quantinuum. |
August 2021 | Civil Aviation Administration of China approved validation of Honeywell's MCS-8420 JetWave satellite connectivity system for Airbus 320 aircraft. |
2020 | Honeywell Forge launched as an analytics platform software for industrial and commercial applications. |
2020 | Honeywell rejoined the Dow Jones Industrial Average index. |
March 2020 | Honeywell announced its quantum computer based on trapped ions, claiming it to be the world's most powerful with a quantum volume of at least 64. |
December 2019 | AirAsia began implementing Inmarsat's GX Aviation Ka-band connectivity system across its Airbus A320 and A330 fleet, installing JetWave hardware on aircraft fuselages. |
October 2019 | Honeywell relocated its corporate headquarters to Charlotte, North Carolina. |
July 2019 | Honeywell moved employees into a temporary headquarters building in Charlotte, North Carolina. |
July 2019 | United States Air Force selected Honeywell's JetWave satcom system for 70 of its C-17 Globemaster III cargo planes. |
2018 | Honeywell spun off Honeywell Turbo Technologies (now Garrett Advancing Motion) and its consumer products business, Resideo, both becoming publicly traded companies. |
2017 | Honeywell opened a new software center in Atlanta, Georgia. |
2017 | After five years of testing and over 180 flight hours, JetWave was officially launched as part of GX Aviation in partnership with Lufthansa Group. |
October 2017 | Honeywell announced plans to spin off its Homes, ADI Global Distribution, and Transportation Systems businesses into two separate publicly traded companies by the end of 2018. |
April 1 2017 | David Cote stepped down as CEO, succeeded by Darius Adamczyk, who had been promoted to president and COO in 2016. |
May 2016 | Honeywell settled a patent dispute with Google's Nest Labs through a cross-license agreement, resolving a lawsuit originally filed in 2012. |
April 2016 | Honeywell acquired Xtralis, a provider of aspirating smoke detection and security technologies, for $480 million. |
January 2016 | Honeywell acquired the remaining 30% stake in UOP Russell LLC for approximately $240 million. |
2015 | Honeywell moved its headquarters to Morris Plains, New Jersey, into a 475,000-square-foot building on 40 acres. |
December 2015 | Honeywell acquired Elster for US$5.1 billion, expanding into gas, electricity, and water smart meters. |
March 10 2013 | The Wall Street Journal reported that Honeywell was among sixty companies that shielded annual profits from U.S. taxes. |
2012 | Honeywell announced it would provide Inmarsat with hardware for its GX Ka-band in-flight connectivity network, marking the initial development of JetWave technology. |
December 2011 | Public Campaign criticized Honeywell International for spending $18.3 million on lobbying while not paying taxes during 2008-2010, receiving $34 million in tax rebates despite making $4.9 billion in profits and laying off 968 workers. |
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