Honeywell International Company Description
Jet engines and thermostats seem worlds apart, but they're Honeywell International's bread and butter. More than a century old, the company is a diverse industrial conglomerate, with automation/control products and aerospace offerings its biggest lines of business. Aerospace is Honeywell's most profitable business, yet the company is bracing for possible changes in the Pentagon budget. Sales to the US government account for about 12% of Honeywell's revenues. The company tends to constantly tweak its unique blend of businesses through acquisitions and divestitures. Honeywell makes more than half of its sales in the US.
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The Company Description provides a historical perspective of Honeywell International's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Honeywell International's evolution in the marketplace.
