Honeywell signs $500 million defense production agreement with US government
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HONEYWELL AEROSPACE, DEPARTMENT OF WAR SIGN GROUNDBREAKING AGREEMENT TO ACCELERATE PRODUCTION OF DEFENSE TECHNOLOGIES
March 25, 2026 7:03 AM EDTHoneywell to commit $500 million for production capacity upgrades
PHOENIX, March 25, 2026 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced it has signed a groundbreaking supplier framework agreement with the U.S. Department of War (DoW) to rapidly increase the production of critical defense technologies. This agreement includes a $500 million multi-year investment to upgrade the company's production capacity.
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