Honeywell and Fokker Services have signed a memorandum of agreement whereby Fokker has been authorized as a Service Center & Channel Partner for Honeywell pre-cooler control valve, or PCCV, repair and overhaul services. The agreement, announced at Paris Air Show 2023, will provide airline operators with a wider choice of component repair services. The PCCV is already used on the Boeing 737NG. Through its Amsterdam center, Fokker will offer full disassembly, assembly, test, repair and overhaul services to customers across the globe. This collaboration serves as an expansion of the existing repair authorization for Honeywell avionics and mechanical components, enabling Honeywell and Fokker to venture into new product lines together.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on HON:
- Honeywell, Curtiss-Wright announce CVR and FDR certified for Boeing aircraft
- Honeywell weakness offers buying opportunity, says Argus
- Honeywell price target raised to $242 from $240 at Citi
- Honeywell price target raised to $225 from $220 at Mizuho
- Honeywell says encouraged by strength in many areas of portfolio