Aerospace Group:

Space

Honeywell Diversifies In Preparation For DoD Launch Business Changes

Pat Host

Monday, September 28th, 2015

SHARE:

Honeywell Diversifies In Preparation For DoD Launch Business Changes

Honeywell provides components used on ULA's Delta IV vehicle, which it plans to retire in 2018-2019. Photo: ULA.

Honeywell [HON] is growing its commercial and international space business to offset future changes in the military launch business.Honeywell Vice President of Space Systems Kurt Meister said Monday the company’s international portfolio has grown from a few million dollars about five years ago to nearly $50 million or $60 million today. Meister expects this portfolio to grow to about $100 million yearly in the next four or five years.Honeywell is moving mostly to Europe in its international expansion, Meister said,…

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]

Congress

“Not Sure How They Get To Where They Wanna Be,” Calvert Says of $1.5 Trillion Defense Topline Proposal

As the federal government enters a third week of tardiness in a fiscal 2027 budget release, a big question is how the Pentagon will be able to spend $500 billion […]

Congress

Path Uncertain For $1.5 Trillion FY ‘27 Defense Topline After Trump Casts Doubt On Second Reconciliation Bill

The path to achieve the White House’s call for a $1.5 trillion defense topline in 2027 appears murkier now after President Donald Trump has cast doubt on the prospects of […]

Congress

Senate Budget Dems Push For Defense Reconciliation Spending Details, Cite ‘Slush Fund’ Concerns

Democrats on the Senate Budget Committee have raised “significant concern” with the Pentagon’s move to classify reconciliation spending plans, urging the department to provide more public details on how the […]