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Honeywell International Inc. is a diversified technology and manufacturing company, serving customers worldwide with aerospace products and services,
control, sensing and security technologies for buildings, homes and industry, turbochargers, automotive products, specialty chemicals, electronic
and advanced materials, process technology for refining and petrochemicals, and energy efficient products and solutions for homes, business and transportation.
Honeywell was incorporated in Delaware in 1985. The company is headquartered in Morris Township, New Jersey.
Honeywell manages its business operations through four principal businesses segments:
• Aerospace
• Automation and Control Solutions
• Performance Materials and Technologies (formerly Specialty Materials)
• Transportation Systems.
The following table highlights Honeywell's sales from 2010 to 2012 by segment:
A description of the business of each of the company's segments is set forth below.
Honeywell's Aerospace Segment is a leading global supplier of aircraft engines, avionics, and related products and services
for aircraft manufacturers, airlines, aircraft operators, military services, and defense and space contractors.
Honeywell's aerospace products and services include auxiliary power units, propulsion engines, environmental control systems,
electric power systems, engine controls, flight safety, communications, navigation, radar and surveillance systems,
aircraft lighting, management and technical services, logistics services, advanced systems and instruments,
aircraft wheels and brakes, and repair and overhaul services. The Aerospace Segment sells its products to original equipment manufacturers (OEMs)
in the air transport, regional, business and general aviation aircraft segments, and provides spare parts
and repair and maintenance services for the aftermarket (principally to aircraft operators).
The United States Government is a major customer for Honeywell's defense and space products.
In the following, all of Honeywell's major aerospace product groups and products are listed:
TFE731 turbofan; TFE1042 turbofan; ATF3 turbofan; F125 turbofan; F124 turbofan; ALF502 turbofan; LF507 turbofan; CFE738 turbofan; HTF 7000 turbofan; T53 turboshaft; T55 turboshaft; CTS800 turboshaft; HTS900 turboshaft; LT101 turboshaft; TPE 331 turboprop; AGT1500 turboshaft; Repair, overhaul and spare parts.
Airborne auxiliary power units; Jet fuel starters; Secondary power systems; Ground power units; Repair, overhaul and spare parts.
Air conditioning; Bleed air; Cabin pressure control; Air purification and treatment; Gas Processing; Heat Exchangers; Repair, overhaul and spare parts.
Generators; Power distribution & control; Power conditioning; Repair, overhaul and spare parts.
Electronic and hydromechanical fuel controls; Engine start systems; Electronic engine controls; Sensors; Valves; Electric and pneumatic power generation systems; Thrust reverser actuation, pneumatic and electric.
Flight data and cockpit voice recorders; Integrated avionics systems; Flight management systems; Cockpit display systems; Data management and aircraft performance monitoring systems; Aircraft information systems; Network file servers; Wireless network transceivers; Weather information network; Navigation database information; Cabin management systems; Vibration detection and monitoring; Mission management systems; Tactical data management systems; Maintenance and health monitoring systems; Flight control and autopilot systems.
Enhanced Ground Proximity Warning Systems (EGPWS); Traffic Alert and Collision Avoidance Systems (TCAS); Windshear detection systems; Weather radars; Navigation and guidance systems; Global positioning systems; Satellite systems.
Interior and exterior aircraft lighting.
Inertial sensor systems for guidance, stabilization, navigation and control; Gyroscopes, accelerometers, inertial measurement units and thermal switches; Attitude and heading reference systems.
Radar altimeters; Pressure products; Air data products; Thermal switches; Magnetic sensors.
Guidance subsystems; Control subsystems; Processing subsystems; Radiation hardened electronics and integrated circuits; GPS-based range safety systems; Gyroscopes.
Maintenance/operation and provision of space systems, services and facilities; Systems engineering and integration; Information technology services; Logistics and sustainment.
Wheels and brakes;
Wheel and brake repair and overhaul services.
Financial results for Honeywell's Aerospace Systems segment were as follows:
Aerospace sales increased by 5% in 2012 compared with 2011 primarily due to an increase in organic growth
of 3% primarily due to increased commercial sales volume, a 1% increase from acquisitions, net of divestitures,
and a 1% increase in revenue related to an $88 million reduction in payments to business and general aviation OEMs
to partially offset their pre-production costs associated with new aircraft platforms.
Aerospace segment profits increased by 13% in 2012 compared with 2011 primarily due to an increase in operational segment profit of 8%,
a 4% favorable impact from lower OEM payments, discussed above, and a 1% increase from acquisitions, net of divestitures.
The increase in operational segment profit is due to the favorable impact from higher price and productivity,
net of inflation, and commercial demand partially offset by increased research, development and engineering investments.
Cost of products and services sold totaled $9.0 billion in 2012, an increase of approximately $324 million from 2011.
ACS provides innovative products and solutions that make homes, buildings, industrial sites and infrastructure
more efficient, safe and comfortable. Honeywell's ACS products and services include controls and displays for heating,
cooling, indoor air quality, ventilation, humidification, combustion, lighting and home automation;
advanced software applications for home/building control and optimization;
sensors, switches, control systems and instruments for measuring pressure, air flow, temperature and electrical current;
security, fire and gas detection; personal protection equipment; access control; video surveillance;
remote patient monitoring systems; products for automatic identification and data collection;
installation, maintenance and upgrades of systems that keep buildings safe, comfortable and productive;
and automation and control solutions for industrial plants, including field instruments and advanced software
and automation systems that integrate, control and monitor complex processes in many types of industrial settings
as well as equipment that controls, measures and analyzes natural gas production and transportation.
In the following, all Honeywell's major product groups and products are listed:
Heating, ventilating and air conditioning controls and components for homes and buildings; Indoor air quality products - including zoning, air cleaners, humidification, heat and energy recovery ventilators; Controls plus integrated electronic systems for burners, boilers and furnaces; Consumer household products - including humidifiers and thermostats; Electrical devices and switches; Water controls; Sensors, measurement, control and industrial components; Energy demand/response management products and services.
Security products and systems; Fire products and systems; Access controls and closed circuit television; Home health monitoring and nurse call systems; Gas detection products and systems; Emergency lighting; Distribution; Personal protection equipment.
Hand held and hands free image and laser based bar code scanners; Scan engines; Rugged mobile and wireless computers for use in hand held and vehicle mount applications; Satellite tracking hardware, airtime services and applications; Search & Rescue ground stations and system software.
Advanced control software and industrial automation systems for control and monitoring of continuous, batch and hybrid operations; Production management software; Communications systems for Industrial Control equipment and systems; Consulting, networking engineering and installation; Terminal automation solutions; Process control instrumentation; Field instrumentation; Analytical instrumentation; Recorders and controllers; Critical environment control solutions and services; Aftermarket maintenance, repair and upgrade; Gas control, measurement and analyzing equipment.
HVAC and building control solutions and services;
Energy management solutions and services, including demand response and automation;
Security and asset management solutions and services;
Enterprise building integration solutions;
Building information services;
Airport lighting and systems, visual docking guidance systems.
Financial results for Honeywell's Automation and Control Solutions (ACS) segment were as follows:
ACS sales increased by 2% in 2012 compared with 2011, primarily due to a 3% increase in organic revenue
driven by increased sales volume and 1% growth from acquisitions, net of divestitures, partially offset
by the unfavorable impact of foreign exchange.
ACS segment profits increased by 7% in 2012 compared with 2011 due to a 8% increase in operational segment profit
and a 1% increase from acquisitions, net of divestitures partially offset by a 2% unfavorable impact of foreign exchange.
The increase in operational segment profits is primarily the result of the positive impact from price and productivity,
net of inflation. Cost of products and services sold totaled $10.7 billion in 2012, an increase of $243 million
which is primarily due to higher sales, inflation and acquisitions, net of divestitures partially offset
by the favorable impact of foreign exchange and productivity.
PMT develops and manufactures high-purity, high-quality and high-performance chemicals and materials for applications in the refining,
petrochemical, automotive, healthcare, agricultural, packaging, refrigeration, appliance, housing, semiconductor, wax and adhesives segments.
Performance Materials and Technologies also provides process technology, products, including catalysts and adsorbents,
and services for the petroleum refining, gas processing, petrochemical, renewable energy and other industries.
Performance Materials and Technologies' product portfolio includes fluorocarbons, hydrofluoroolefins, caprolactam,
resins, ammonium sulfate for fertilizer, phenol, specialty films, waxes, additives, advanced fibers,
customized research chemicals and intermediates, electronic materials and chemicals, catalysts, and adsorbents.
In the following, all Honeywell's major product groups and products are listed:
Nylon 6 polymer; Caprolactam; Ammonium sulfate; Phenol; Acetone; Cyclohexanone; MEKO.
Anhydrous and aqueous hydrofluoric acid.
Refrigerants, aerosol and insulation foam blowing agents; Solvents; Oxyfume sterilant gases; Ennovate 3000 blowing agent for refrigeration insulation.
UF6 conversion services.
Oxime-based fine chemicals; Fluoroaromatics; High-purity solvents.
HF derivatives; Fluoroaromatics; Catalysts; Oxime-silanes.
High modulus polyethylene fiber and shield composites; Aramid shield composites.
Cast nylon film; Bi-axially oriented nylon film; Fluoropolymer film.
Polyethylene waxes; Paraffin waxes and blends; PVC lubricant systems; Processing aids; Luminescent pigments Adhesives.
Ultra High-Purity HF; Inorganic acids; Hi-purity solvents.
Interconnect-dielectrics; Interconnect-metals; Semiconductor packaging materials; Advanced polymers; Anti-reflective coatings; Thermo-couples.
Catalysts; Molecular sieves; Adsorbents; Customer catalyst manufacturing.
Technology licensing and engineering design of process units and systems; Engineered products; Proprietary equipment; Training and development of technical personnel; Gas processing technology.
Technology licensing of process, catalysts, absorbents, refining equipment and services for producing renewable-based fuels and chemicals.
Financial results for Honeywell's Performance Materials and Technologies segment were as follows:
PMT sales increased by 9% in 2012 compared with 2011 due to a 6% growth from acquisitions and a 4% increase in organic growth,
partially offset by a 1% unfavorable impact of foreign exchange.
PMT segment profit increased by 11% in 2012 compared with 2011 due to a 9% increase in operational segment profit
(net of a 10% decrease in the fourth quarter due to the factors described below) and a 3% increase from acquisitions
partially offset by an unfavorable impact of 1% in foreign exchange. The increase in operational segment profit
is primarily due to higher licensing, catalyst and equipment revenues in UOP and productivity (net of continued investment in growth initiatives)
partially offset by unfavorable pricing in Fluorine Products and Resins and Chemicals reflecting more challenging global end market conditions.
Cost of products and services sold totaled $4.5 billion in 2012, an increase of $392 million which is primarily due to acquisitions,
higher volume and continued investment in growth initiatives partially offset by productivity and the favorable impact of foreign exchange.
Transportation Systems provides automotive products that improve the performance and efficiency of cars, trucks,
and other vehicles through state-of-the-art technologies, world class brands and global solutions to customers' needs.
Transportation Systems' products include turbochargers and thermal systems; and friction materials (Bendix(R) and Jurid(R))
and brake hard parts. Transportation Systems sells its products to automotive and truck OEMs
(e.g., BMW, Caterpillar, Daimler, Renault, Ford, and Volkswagen), wholesalers and distributors and through the retail aftermarket.
In the following, all Honeywell's major product groups and products are listed.
Turbochargers for gasoline and diesel engines.
Exhaust gas coolers; Charge-air coolers; Aluminum radiators; Aluminum cooling modules.
Disc brake pads and shoes;
Drum brake linings;
Brake blocks;
Disc and drum brake components;
Brake hydraulic components;
Brake fluid;
Aircraft brake linings;
Railway linings.
Financial results for Honeywell's Transportation Systems segment were as follows:
Transportation Systems sales decreased by 8% in 2012 compared with the 2011 primarily due to an unfavorable impact
from foreign exchange of 5% and a decrease in organic sales of 3%. Lower sales were primarily driven by decreased
light vehicle production in Europe and lower aftermarket sales partially offset by new platform launches,
including higher turbo gas penetration in North America.
Transportation Systems segment profit decreased by 11% in 2012 compared with 2011 due to a 7% unfavorable impact
from foreign exchange and a 4% decrease in operational segment profit. The decrease in operational segment profit
is primarily due to decreased volume and unfavorable pricing, substantially offset by productivity
(net of the impact of ongoing projects to drive operational improvement in the Friction Materials business), net of inflation.
Cost of products and services sold totaled $2.9 billion in 2012, a decrease of $235 million which is primarily
a result of foreign exchange, decreased volume and increased productivity.
Revenues ('12): $37,665M +3.1% |
R&D ('12): $1,847M +2.7% |
Net Profit ('12): $2,931M +41.3% |
CAPEX ('12): $884M +10.8% |
Aerospace Sector:Avionics; Motion & Flow Control; Aircraft Engines |
Honeywell Products:Aircraft turbofan, turboprop, and turboshaft engines; Auxiliary power units (APUs); Environmental control systems; Generators; Power distribution & control; Power conditioning; Electronic and hydromechanical fuel controls; Engine start systems; Electronic engine controls; Sensors; Valves; Electric and pneumatic power generation systems; Thrust reverser actuation; Flight safety systems; Enhanced Ground Proximity Warning Systems (EGPWS); Traffic Alert and Collision Avoidance Systems (TCAS); Windshear detection systems; Flight data and cockpit voice recorders; Weather radar; Communication, navigation and surveillance system; Navigation and guidance systems. See more products below! |
Honeywell's Major DoD Defense Programs:
| C-17
| C-27J
| C-130
| CH-47
| F/A-18E/F
| F-22 Raptor
| F-35 Lightning II
| JDAM |
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Honeywell's Commercial Programs:| Airbus: A320 Series, A330, A340, A350WXB, A380 |
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| Sales 2008-2012 | Net Income 2008-2012 | R&D Spending 2008-2012 | # Employees 2008-2012 |
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