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Honeywell International Inc. (HON) - free report >>
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Honeywell International Inc. (HON) - free report >>
Flowserve Corporation (FLS) - free report >>
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Honeywell (HON) & Fokker Tie Up for Component Repair Services
At the Paris Air Show, Honeywell International (HON - Free Report) entered into an agreement with Fokker Services B.V. to provide airlines with a wider choice of component repair services. The deal between the two companies marks an expansion of the existing repair authorization for Honeywell avionics and mechanical components.
As part of the agreement, Fokker has been authorized as a Service Center & Channel Partner for Honeywell pre-cooler control valve (PCCV) repair and overhaul services. HON’s PCCV is used in the Boeing 737NG aircraft. Fokker will offer full disassembly, assembly, test, repair and overhaul services to customers worldwide through its Amsterdam center.
At the Paris Air Show, Honeywell entered into agreements with several other aircraft manufacturers. The company entered into a deal with Dassault to provide its forward fit and aftermarket retrofit applications of Aspire 350 for use in the latter’s fleet of Falcon business aircraft. The Aspire 350 keeps pilots updated with the required information throughout their flight, enabling them to experience seamless high-speed connectivity globally in a small and lightweight solution.
Honeywell International Inc. Price
Honeywell International Inc. price | Honeywell International Inc. Quote
Zacks Rank & Key Picks
Honeywell currently carries a Zacks Rank #3 (Hold).
Here are some better-ranked stocks for your consideration:
Ingersoll Rand (IR - Free Report) presently sports a Zacks Rank #1 (Strong Buy). The company delivered a trailing four-quarter earnings surprise of 12.6%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
Ingersoll Rand has an estimated earnings growth rate of 14.8% for the current year. Shares of the company have jumped 51% in a year.
Flowserve (FLS - Free Report) presently flaunts a Zacks Rank #1 at present. The company pulled off a trailing four-quarter earnings surprise of 2.5%, on average.
Flowserve has an estimated earnings growth rate of 64.5% for the current year. Shares of the company have gained 26.4% in a year.
Graco (GGG - Free Report) currently carries a Zacks Rank #2 (Buy). The company delivered a trailing four-quarter earnings surprise of 7.9%, on average.
Graco has an estimated earnings growth rate of 16.4% for the current year. Shares of the company have rallied 43.5% in a year.