Honeywell (HON) Rolls Out Fly-By-Wire System For UAM Market
Zacks Investment Research | Jun 03, 2019 10:05PM ET
Honeywell International Inc. (NYSE:HON) recently unveiled a compact "fly-by-wire" system, which is equivalent to the size of a book. Notably, the company has packed the “brains” of an airliner’s flight controls into a “fly-by-wire” computer system — a significant move toward bringing its commercial aircraft fly-by-wire system to the urban air mobility (UAM) market.
The company’s flight control computer offers stability to these automated aircraft designs by adjusting flight surfaces and motors, and controlling electric actuators that ensure a smooth flight trajectory. As a matter of fact, the flight control system improves flight safety apart from removing the requirement of heavy hydraulics, pushrods and control cables.
The flight control system’s architectural features are based on the company’s existing compact fly-by-wire systems for airplanes. Notably, the system attributes a triplex flight control computer architecture that offers multiple backup options and diminishes risk. It also has lockstep processing feature. These will help in catering to the requirements for passenger transportation in highly inhabited urban areas safely.
The company will likely exhibit the new system at the Uber (NYSE:UBER) Elevate Summit in Washington, DC on Jun 11 and Jun 12.
This apart, Honeywell is working on developing a series of products for the UAM market, including designing aircrafts capable of vertical take-off and landing. As present, more than 100 companies globally are working on designing cargo and passenger aircraft to meet the requirement for on-demand short distance flight.
Notably, Honeywell has also entered into a deal with Volocopter to develop navigation and automatic landing systems for its vertical takeoff and landing aircraft. Separately, the company will work on developing avionics, navigation, radios, flight control systems and other products for Pipistrel's vertical takeoff and landing aircraft and electric ALICE aircraft of eViation.
Our Take
Strength in the company’s commercial aftermarket and sensing businesses is likely to boost Aerospace revenues. Also, the company believes that solid demand for its warehouse automation, sensing and IoT businesses will aid its Safety and Productivity Solutions’ revenues. Further, strong demand for commercial fire and security products, particularly in India and China is likely to drive the Building Technologies segment. Over the past three months, the company's shares have gained 8% against 1.9% decline recorded by the Original post
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