- New Memorandum of Understanding was announced at the Paris Air Show 2023
Paris. 22 JUNE 2023 . Honeywell (NASDAQ: HON) today announced a Memorandum of Understanding (MOU) with ST Engineering to explore opportunities around retrofit, modification, and upgrade (RMU) programs for fixed wing and rotary wing platforms.
This MOU strengthens the relationship between Honeywell and ST Engineering, by establishing a basis of cooperation to explore the feasibility of RMU programs. Honeywell’s expertise in original equipment manufacturing (OEM), along with ST Engineering’s extensive experience in aircraft maintenance, repair, and overhaul (MRO), will be fruitful to this partnership.
“We are thrilled to announce the expansion of our partnership remit with ST Engineering at the Paris Air Show. With a consistently successful track record of providing quality RMU services for military departments around the world, we are committed to exchanging knowledge and expertise with our partners, so we are better equipped to serve existing and future customers in Singapore and the rest of the region,” said Sathesh Ramiah, Vice President, Defence & Space, Asia Pacific, Honeywell Aerospace.
Honeywell and ST Engineering have longstanding partnerships in aerospace maintenance, repair, and overhaul (MRO) services both in commercial and defense sectors. In 2021, ST Engineering was also appointed as the only licensed MRO service provider based in Asia Pacific for Honeywell components installed on LEAP-series engines used in Airbus A320neo family, Boeing 737 MAX, and COMAC C919 aircraft.
The MOU was announced at Paris Air Show 2023. Please visit us at Le Bourget Exhibition Center, CHALET #100 or contact your Honeywell representative for more information.
