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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.
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Honeywell y Bombardier resuelven disputas, recortan pronósticos de ventas, pero lanzan asociación tecnológica de $17B.