HONEYWELL BRINGING HEADS-UP DISPLAYS TO AIRCRAFT COCKPITS THROUGH ACQUISITION OF SAAB TECHNOLOGY
PHOENIX, June 28, 2023 /PRNewswire/ -- Honeywell (NASDAQ: HON) has reached an agreement with Saab, a Swedish aerospace and defense company, to acquire its heads-up-display (HUD) assets for use in a variety of Honeywell avionics offerings. As part of the acquisition agreement, Saab will partner with Honeywell to develop and strengthen its HUD product line. HUDs give pilots increased situational awareness, especially at night or in difficult weather conditions. Passengers will also enjoy safer and more fuel-efficient flights, while more often reaching their destinations on time.
- As part of the acquisition agreement, Saab will partner with Honeywell to develop and strengthen its HUD product line.
- Passengers will also enjoy safer and more fuel-efficient flights, while more often reaching their destinations on time.
- "Saab believes that this agreement further establishes Saab and Honeywell as long-term partners and increases greater market opportunities," says Carl-Johan Bergholm, senior vice president and head of Saab´s business area Surveillance."
- Paired with Honeywell's industry-leading heads-down solutions, the HUD addition will enable Honeywell to offer a harmonized cockpit to customers.