Honeywell’s AAM Business Receives Contracts Worth $10 Billion

Honeywell's AAM business unit has secured contracts worth over $10 billion developing vital partnerships with industry leaders such as Archer, Lilium, Pipistrel, Supernal and Vertical Aerospace By Joe Macey / 14 Nov 2023
Honeywell’s AAM Business Reaches $10 Billion in Wins
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Honeywell’s Advanced Air Mobility (AAM) business unit has secured contracts worth over $10 billion. 

Since its formation just over three years ago, the unit is said to have developed vital partnerships with industry leaders such as Archer Aviation, Lilium, Pipistrel, Supernal and Vertical Aerospace.

According to Honeywell, its comprehensive product portfolio of ready-now solutions has been the cornerstone of its successful entry in the AAM market. The offerings, based on generations of experience across all sectors of aerospace, act as the brains, muscles and senses of the aircraft. Honeywell Anthem, a next-generation avionics system, serves as the “brain” behind intuitive cockpit operations. Honeywell’s fly-by-wire solutions and custom-built actuation systems function as the “muscles,” providing precise flight controls and the necessary redundancy for these advanced vehicles. The company’s diverse range of sensors such as RDR-84K radar and AH2000 attitude heading reference system adds the “senses,” making these aircraft not just smart but also aware of their environment.

“This milestone is not just about reaching a certain number, it’s a testament to the unwavering vision we hold for the future of aviation and Advanced Air Mobility,” said David Shilliday, Vice President and General Manager, AAM, Honeywell Aerospace. “We are committed to transforming travel and delivery services. Imagine a world where a 100-mile journey takes 45 minutes or less, and same-day package delivery is possible in every populated region of the world. With the help of our partners, we’re making that vision a reality.”

“Honeywell’s nose-to-tail technology is a game-changer, setting the standard for safety and sustainability while providing an unprecedented user experience for our pilots,” said Yves Yemsi, Chief Operating Officer of Lilium.

The footprint of Honeywell’s AAM business spans North America, Western Europe and India. This global presence has not only enabled Honeywell to meet customer needs more efficiently but has also opened doors to a rich diversity of talent and perspectives, further enriching its approach to the market.

Honeywell is also prioritizing the long-term growth of the AAM industry. Through initiatives like hosting industry summits in Washington, D.C., the company brings together regulators, original equipment manufacturers and members of Congress to catalyze meaningful dialogue and action.

“As we celebrate this milestone, we’re looking toward the future,” added Jim Currier, President and CEO, Honeywell Aerospace. “If you’re developing an AAM vehicle, the time to explore a partnership with Honeywell is now. We’re eager to collaborate with companies that share our vision to transform the way we travel and create a more sustainable future for aviation.”

The $10 billion in wins represents Honeywell’s assessment of the lifetime value of awards using an internal forecast of the number of AAM vehicles the company expects to be built.

Posted by Joe Macey Edited by Joseph Macey, Editor and Copywriter and experienced journalist with an active interest in advanced air mobility. Connect & Contact

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