Honeywell Has Reached An Agreement With Saab To Acquire Its Heads-Up-Display Assets For Avionics Offerings; No Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
Honeywell has agreed to acquire the Heads-Up-Display assets from Saab for its avionics offerings. The HUD technology will be integrated with Honeywell's Anthem and Primus Epic flight decks. The terms of the deal were not disclosed.
June 28, 2023 | 1:07 pm
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Honeywell's acquisition of Saab's HUD assets could strengthen its avionics offerings and potentially increase its market share in the sector.
The acquisition of Saab's HUD assets will allow Honeywell to enhance its avionics offerings, potentially leading to increased sales and market share. This could have a positive impact on Honeywell's stock price in the short term.
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IMPORTANCE 75
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