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.
honeywell

Some of the key events about Honeywell

  • 1885
    Invented the first reliable thermostat for coal furnaces
  • 1914
    Developed the first autopilot system for aircraft
  • 1935
    Acquired autosyn gyroscopes, which were later used in Nazi V-1 and V-2 rockets during World War II
  • 1942
    Created the electronic automatic stabilizer for aircraft
  • 1955
    Introduced the first computer for business use, the Datamatic 1000
  • 1963
    Developed the first ring laser gyroscope for inertial navigation systems
  • 1965
    Faced criticism for manufacturing cluster bombs used in the Vietnam War
  • 1969
    Provided critical technologies for the Apollo 11 moon landing mission
  • 1970
    Introduced the first handheld calculator
  • 1979
    Pleaded guilty to illegally exporting defense-related data to Israel
  • 1985
    Paid $1.5 million in fines for falsifying test data on military components
  • 1986
    Developed the Traffic Alert and Collision Avoidance System (TCAS) for aircraft
  • 1994
    Agreed to pay $138 million to settle claims of overcharging the U.S. government
  • 1999
    Fined $2.15 million for illegally exporting satellite technology to China
  • 2003
    Paid $2.2 million to settle allegations of defective bulletproof vests sold to law enforcement
  • 2004
    Launched the Primus Epic integrated avionics system for business jets
  • 2007
    Agreed to pay $3 million to settle charges of bribing foreign officials
  • 2011
    Fined $11.8 million for exporting unauthorized military-use drawings to China
  • 2015
    Introduced the first self-programming thermostat, the Lyric
  • 2019
    Faced criticism for providing surveillance systems to the Chinese government in Xinjiang

Disclaimer: This material is written based on information taken from open sources, including Wikipedia, news media, podcasts, and other public sources.

Honeywell Latest news