Honeywell (NASDAQ:HON) today announced it has signed a groundbreaking supplier framework agreement with the U.S. Department of War (DoW) to rapidly increase the production of critical defense technologies. This agreement includes a $500 million multi-year investment to upgrade the company's production capacity.

Honeywell Aerospace is among the first Tier 1 suppliers to sign a framework agreement of this nature with the DoW. This underscores Honeywell Aerospace's focus on delivering critical capabilities to American and allied forces at the speed and scale national defense requires.

Under this agreement, Honeywell Aerospace will ramp production of the following:

  • Navigation systems: Honeywell is a global leader in resilient navigation technology, particularly in challenging environments. The company's wide range of inertial navigators can be found in diverse industries across the aerospace, defense and industrial markets. Honeywell Aerospace navigation systems are critical enablers on most precision munition platforms globally.
  • Assure™ actuators: Honeywell Assure missile maneuverability actuation and electronic control systems are the most precise and speed-responsive systems available. These actuators are used for interceptor, tactical and other strategic high-performance missiles.
  • Electronic Warfare solutions: Electronic Warfare solutions from Honeywell Aerospace provide critical functionality on U.S. military platforms from fighter jets to the Surface Electronic Warfare Improvement Program and on AMRAAM missiles. Advanced technologies also support Signals Intelligence and Electronic Intelligence domains.