Train Refinery, Accelerating Project Development Schedule by Two Years

Honeywell (HON) was chosen by Dangote Petroleum for a 700,000-bpd refinery in Kenya, using proven technologies from a Nigerian project. The $300M deal includes process technologies, engineering, and digital solutions. The refinery will produce gasoline, diesel, jet fuel, and polypropylene, with completion expected to reduce development time by 30%.

Honeywell Aerospace launched the P40 upgrade for the PTMS of Lockheed Martin's F-35 fighters, increasing cooling capacity by 25% without structural changes. The upgrade, ready for integration between 2029 and 2030, aims to reduce in-flight shutdowns by 30% and improve operational readiness. Honeywell analyzed global fleet data to inform the upgrade, which maintains compatibility with existing aircraft.

Honeywell Aerospace and two executives are accused of misleading investors about supply chain issues and a federal cybersecurity investigation. The lawsuit claims the company hid supplier constraints and a potential False Claims Act violation related to a Defense Department contract.

A U.S. judge ruled that 3M, DuPont, Honeywell, and others must face claims from Connecticut firefighters over PFAS exposure in protective gear. The lawsuit alleges the gear, containing 3M's Scotchlite and DuPont's Kevlar, increased cancer risks. The judge allowed the case to proceed, permitting damages and medical monitoring claims. The companies argue the gear served its protective function. PFAS makers face broader scrutiny, with prior settlements totaling over $11 billion.

Honeywell Aerospace won a $53.9M contract to supply Navy navigation system parts, delivering up to 1,125 components over five years. The firm-fixed-price deal, awarded without competition, runs through 2031. Manufacturing will occur at Honeywell's Minneapolis facility, with funding allocated via future delivery orders.

Honeywell Aerospace CEO Jim Currier called GE's $11.75B acquisition of CPP positive for the industry, noting Honeywell doesn't compete directly with CPP. Honeywell is focusing on bringing outsourced capabilities in-house to address supply constraints, which have led to a reduced 2026 sales growth outlook. The company has increased spending on multi-sourcing and in-sourcing initiatives, aiming to improve supply reliability and capture strong aerospace demand.