Honeywell
Honeywell International Inc. is an American publicly traded, multinational conglomerate corporation headquartered in Charlotte, North Carolina. It primarily operates in four areas of business: aerospace, building automation, performance materials and technologies (PMT), and safety and productivity solutions (SPS). Honeywell is a Fortune 500 company, ranked 115th in 2023. In 2023, the corporation had a global workforce of approximately 95,000 employees. The current chairman is Darius Adamczyk and the chief executive officer (CEO) is Vimal Kapur.
Some of the key events about Honeywell
- 1885Invented the first reliable thermostat for coal furnaces
- 1914Developed the first autopilot system for aircraft
- 1935Acquired autosyn gyroscopes, which were later used in Nazi V-1 and V-2 rockets during World War II
- 1942Created the electronic automatic stabilizer for aircraft
- 1955Introduced the first computer for business use, the Datamatic 1000
- 1963Developed the first ring laser gyroscope for inertial navigation systems
- 1965Faced criticism for manufacturing cluster bombs used in the Vietnam War
- 1969Provided critical technologies for the Apollo 11 moon landing mission
- 1970Introduced the first handheld calculator
- 1979Pleaded guilty to illegally exporting defense-related data to Israel
- 1985Paid $1.5 million in fines for falsifying test data on military components
- 1986Developed the Traffic Alert and Collision Avoidance System (TCAS) for aircraft
- 1994Agreed to pay $138 million to settle claims of overcharging the U.S. government
- 1999Fined $2.15 million for illegally exporting satellite technology to China
- 2003Paid $2.2 million to settle allegations of defective bulletproof vests sold to law enforcement
- 2004Launched the Primus Epic integrated avionics system for business jets
- 2007Agreed to pay $3 million to settle charges of bribing foreign officials
- 2011Fined $11.8 million for exporting unauthorized military-use drawings to China
- 2015Introduced the first self-programming thermostat, the Lyric
- 2019Faced criticism for providing surveillance systems to the Chinese government in Xinjiang
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