It's a long way from Airesearch, Garrett Turbine Engine Company to Honeywell THE POWER OF CONNECTED.
If this doesn't tell you all you need to know about our direction, nothing will.
So long mechanical products.
It's a long way from Airesearch, Garrett Turbine Engine Company to Honeywell THE POWER OF CONNECTED.
If this doesn't tell you all you need to know about our direction, nothing will.
So long mechanical products.
Honeywell will outsource the mechanical plants (Celestica, KBR, K&N-Kuehne & Nagel) and just be shell company with very few employees (Software only) that will be a conduit that sells product and collects the money.
Agree about the "big if", but many mechanical products have been and will continue to be redesigned to be connected, etc. For example in non-Hon world, was just reading about how standard keyed door locks are now very, very susceptible to mechanical lock picking tools and key "bumping" (no skill required). Lots of purely mechanical effort in redesigning keyed locks to resist this, but also now driving obvious path of having no mechanical key.
Electronics products always have mechanical design content. Always. The opposite isn't generally true. If HW is smart they'll hang on to their mechanical design and engineering assets. That's a big if, the way these guys have been managing things lately.