Honeywell

Transportation Secretary Sean Duffy and FAA Administrator Bryan Bedford said the selection of a lead contractor is imminent.

Two companies will separate next year.

Analysts cite an economic upturn, higher fractional ownership demand, and advances in technology.

Manufacturer expands its longtime partnership with Honeywell to certify VX4 components and selects the aerospace firm’s new inceptors.

Aerospace unit builds propulsion, power, cockpit, navigation, and other systems for all kinds of aircraft, from commercial airliners to spaceships.

Industry seeks to define America’s leadership role in an important aviation frontier.

Company sells components, systems, and services for aircraft, helicopters, and spacecraft.

Combination cockpit voice recorder (CVR) and flight data recorder (FDR) comes in response to a 2024 FAA Reauthorization Act mandate.

Around 8,500 aircraft worth $280 billion will be delivered in the next five years, according to the company’s outlook.

At the Honeywell Advanced Air Mobility Summit in Washington, D.C., stakeholders clamor for regulatory clarity.