Honeywell announced the signing of a strategic agreement with Bombardier to provide advanced technology for current and future Bombardier aircraft in avionics, propulsion and satellite communications technologies.
The collaboration will advance new technology to enable a host of high-value upgrades for the installed Bombardier operator base, as well as lay innovative foundations for future aircraft. Honeywell estimates the value of this partnership to the company at $17 billion over its life.
Vimal Kapur, chairman and CEO of Honeywell said: “This is a tremendous opportunity to co-innovate and advance next generation technologies, including Anthem avionics and engines. Growing our long-term collaborative relationship with Bombardier is directly connected to Honeywell’s focus on compelling megatrends — automation, the future of aviation, and energy transition.”
Eric Martel, President and Chief Executive Officer of Bombardier said: “This new partnership creates unprecedented opportunities for Bombardier. Honeywell’s differentiated technology is the key reason we decided to collaboratively build a bright future with them.”
Honeywell and Bombardier will collaborate on the development of Honeywell avionics to provide unparalleled adaptability to specific mission requirements, enabling exceptional situational awareness and enhanced safety. In addition, the collaboration’s propulsion-based workstreams will focus on evolutions of power, reliability and maintainability, led by the next-generation model of Honeywell’s HTF7K engine.
Jim Currier, president and CEO of Honeywell Aerospace Technologies said: “Working together, we will generate significant value for Bombardier’s operator base by providing the latest technologies to enable safe and efficient flight. We are committed to investing in these key technologies with Bombardier, which will not only drive substantial growth for Honeywell, but lead the industry further into the future of aviation.”
As part of the partnership, Bombardier and Honeywell will work together to certify and offer JetWave X for the Bombardier Global and Challenger families of aircraft for both new production and aftermarket installations.