VSE Enters Asset Purchase And Perpetual License Agreement With Honeywell To Exclusively Manufacture And Support Certain Of Honeywell's Fuel Control Systems On Four Key Engine Platforms Through Its VSE Aviation Business
Portfolio Pulse from Bill Haddad
VSE Corporation has entered into an asset purchase and perpetual license agreement with Honeywell. Under the agreement, VSE will exclusively manufacture and support certain of Honeywell's fuel control systems on four key engine platforms through its VSE Aviation business.
October 04, 2023 | 12:08 pm
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POSITIVE IMPACT
The agreement with VSE could potentially reduce Honeywell's operational costs and allow it to focus on other areas of its business.
By outsourcing the manufacturing and support of certain fuel control systems to VSE, Honeywell could potentially reduce its operational costs. This could also allow Honeywell to focus on other areas of its business.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
The agreement with Honeywell could potentially increase VSE's revenues and profitability by expanding its product portfolio and customer base.
The agreement allows VSE to manufacture and support certain Honeywell's fuel control systems, which could lead to an increase in sales and profitability. The deal also enhances VSE's product portfolio and could attract more customers.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80