Innovative Solutions & Support Buys License For Various Generations Of Military Display Generators And Flight Control Computers From Honeywell; No Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
Innovative Solutions & Support (IS&S) has acquired a license from Honeywell to manufacture, upgrade, and repair military display generators and flight control computers. This deal grants IS&S exclusive intellectual property rights and existing inventory, enhancing its military aviation capabilities.
October 03, 2024 | 9:52 pm
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NEUTRAL IMPACT
Honeywell has sold exclusive rights to IS&S for military display generators and flight control computers, transferring existing inventory and responsibilities.
While Honeywell is transferring rights and inventory to IS&S, the impact on Honeywell's overall business is likely minimal given its diverse portfolio. The deal may streamline Honeywell's operations in this segment.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
IS&S has acquired exclusive rights from Honeywell to manufacture and support military display generators and flight control computers, significantly enhancing its military aviation capabilities.
The acquisition of exclusive rights and inventory from Honeywell allows IS&S to expand its product offerings and capabilities in the military aviation sector, likely leading to increased revenue and market presence.
CONFIDENCE 95
IMPORTANCE 85
RELEVANCE 90