Honeywell and Bombardier settle dispute, cut sales forecast, but launch $17B tech partnership.

Honeywell and Bombardier have settled a long-running legal dispute over engine prices, with Honeywell cutting its sales outlook by $400 million and adjusting its earnings guidance. The settlement also includes a new collaboration focusing on avionics, engines, and satellite communications technologies, valued at $17 billion. Despite the financial impact, the partnership aims to develop advanced technologies for Bombardier aircraft.

4 months ago
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