NEW YORK - The stock market's break in its recent rally this week left investors wondering if they're seeing a turning point or just a blip in the upward path. | Video
LONDON - From ketchup to hot drinks, family-run investment firms are shaking up the consumer deals market, squeezing out private equity players and forcing them to change strategy.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.
Honeywell signs contract to supply avionics systems to Brazil's Embraer
(Reuters) - Diversified U.S. manufacture Honeywell International Inc (HON.N) said on Monday that it signed a $2.8 billion lifetime contract to provide Brazil's Embraer SA (EMBR3.SA) with avionics for the second generation of its E-Jets.
Honeywell will sell its Primus Epic system, which integrates a plane's avionic systems, to the Brazilian aircraft producer. Avionics include navigation, communications and display systems.
Embraer, the largest regional aircraft producer, said the program will launch later this year and that the planes equipped with the new system will enter service in 2018.
(Reporting by Tej Sapru in Bangalore; Editing by Gary Hill)
- Tweet this
- Share this
- Digg this