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13.04.26 - 19:48
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Global Fiber Optic Gyroscope Market | USA, China, India Lead | Honeywell, Northrop Grumman, Safran Drive Precision Navigation Evolution (PR Newswire)
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NEWARK, Del., April 13, 2026 /PRNewswire/ -- According to the latest analysis by Future Market Insights, the global fiber optic gyroscope market is entering a high-precision growth phase, driven by increasing demand for drift-free navigation systems across defense, aerospace, and......
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13.04.26 - 14:03
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AV Appoints Sean Woodward as Chief Financial Officer (Business Wire)
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ARLINGTON, Va.--(BUSINESS WIRE)--$AVAV #AVAV--AeroVironment, Inc. (“AV”) (NASDAQ: AVAV), a global defense technology leader, today announced the appointment of Sean T. Woodward as Executive Vice President and Chief Financial Officer, effective May 1, 2026. Woodward succeeds Kevin McDonnell, who will be stepping down from the role, as announced earlier this year. McDonnell will remain with the Company in an advisory role through July 2026 to help ensure a smooth transition of responsibilities.
Woodward is a seasoned finance leader with more than 22 years of experience in defense technology, including at AV, General Dynamics, and Honeywell Aerospace. Woodward joined AV in 2010 and has spent more than 15 years in leadership roles across the company supporting AV's revenue growth and profitability that led AV to becoming a global defense technology leader with roughly $10 billion in market cap. Woodward most recently served as CFO of AV's Autonomous Systems (AxS) segment, where he has been instrumenta...
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08.04.26 - 14:57
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Agiloft, Honeywell, Royal Caribbean, and WSP to Share How CLM Unlocked Millions in Financial Impact at CLOC Global Institute 2026 (PR Newswire)
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Global enterprises share the frameworks, metrics, and architecture that transformed legal operations into a source of measurable enterprise value, moderated by Agiloft Chief Legal Officer Jason Barnwell. REDWOOD CITY, Calif., April 8, 2026 /PRNewswire/ -- Agiloft, the global leader in......
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02.04.26 - 15:06
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Innovative Aerosystems Acquires License for Honeywell Power Generator Systems, Further Expanding Electrical Power and Sustainment Capabilities (Business Wire)
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EXTON, Pa.--(BUSINESS WIRE)--Innovative Aerosystems (Nasdaq: ISSC), a U.S.-based company specializing in the engineering, manufacturing, and supply of advanced avionic solutions, announced today that it has acquired from Honeywell International Inc. (“Honeywell”) (NASDAQ: HON) an exclusive perpetual license covering unique and related parts, intellectual property, customer contracts, OEM and aftermarket production and repair, and program assets associated with Honeywell power generator systems supporting commercial and defense aircraft.
Under the terms of the agreement, ISSC acquired key operational assets including specialized tooling, testing equipment, and technical data necessary to support Power Generators and Generator Control Units installed on Boeing 767 passenger and freighter aircraft, the KC-46 aerial refueling tanker, and the F-15 fighter platform.
This strategic expansion strengthens Innovative Aerosystems' ability to provide long-term sustainment, engineering support, and supply continu...
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02.04.26 - 14:48
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Innovative Aerosystems Acquires Autopilot, Nav/Com, Display and Transponder Solutions from Honeywell, Further Strengthening Integrated Cockpit Avionics Platform (Business Wire)
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EXTON, Pa.--(BUSINESS WIRE)--Innovative Aerosystems (Nasdaq: ISSC), a U.S.-based company specializing in the engineering, manufacturing, and supply of advanced avionic solutions, announced today that it has entered into a an asset purchase and perpetual license agreement with Honeywell International Inc. (“Honeywell”) (Nasdaq: HON) for certain aftermarket parts, intellectual property, and program assets associated with select legacy Honeywell avionics product lines supporting the global Part 23 aircraft fleet.
Under the terms of the agreement, ISSC acquired certain contracts, OEM and aftermarket production and repair, and critical operational assets such as specialized tooling and test equipment from Honeywell for supporting legacy navigation/communication radios, autopilot systems, multifunction displays (MFDs), and transponder technologies installed across a wide range of general aviation aircraft.
This strategic expansion strengthens Innovative Aerosystems' ability to provide long-term sustainment...
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