Sunday, April 10, 2011

Honeywell International (NYSE:HON) in Boeing Tie-up

Honeywell International (NYSE:HON) has teamed up with Boeing to develop new security systems. Honeywell International (NYSE:HON) in Boeing Tie-up With this new partnership, technology and manufacturing leader Honeywell International (NYSE:HON) and Boeing company will jointly develop a new integrated security and building management platform for larger facilities. The system will provide a more visual context to alarm events and also help security personnel to deploy their response more effectively. Scott Harkins, president and general manager, Honeywell International (NYSE:HON) Systems said, "As the interest in integrated systems grows, distributors and security dealers that serve high-end markets must be ready to offer technology such as the joint Honeywell International (NYSE:HON) -Boeing platform that streamlines their customers’ operations." Honeywell International (NYSE:HON) shares were at 58.3 at the end of the last day’s trading. There’s been a 7.4% change in the stock price over the past 3 months. Honeywell International (NYSE:HON) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.55 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.64 Zack’s Rank: 13 out of 28 in the industry
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