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In this fireside chat, Honeywell Aerospace executive Matthew Milas tells Breaking Defense how the firm is positioning itself in hopes of joining one of the biggest defense projects in a generation.
“This is certainly a growth market. It’s gonna take awhile to get there, but you could easily see hundreds of air vehicles built per year in this market sometime in the early 2030s,” Richard Aboulafia, managing director at AeroDynamic Advisory, told Breaking Defense.
In part two of our F-35 roundtable video series, Breaking Defense takes a look at why the PTMU is so important and gets into how the competition looks going forward.
“The long-term play for Honeywell is we want to be able to expand our capacity and meet demand with increased and resilient supply chains,” Honeywell executive Lee Davis told Breaking Defense. “The organization sees Australia as a good place to invest in a secure, like-minded nation.”
The company is examining “all offers that’re out on the market today to make that decision, so it’s not going to be a quick choice,” Lockheed’s F-35 program manager Chauncey McIntosh told Breaking Defense.
“Unprecedented demand” in both commercial and defense aerospace sectors led to the company’s decision to break off that division as a standalone, public company, Honeywell CEO Vimal Kapur said in a statement.
“This system’s multi-layered defensive capabilities set it apart in the industry and enable it to not only track and detect, but also defeat multiple threats,” said Matt Milas.
The acquisition would bolster Honeywell’s current scope of work on platforms like the F-35, EA-18 Growler, AMRAAM air-to-air missile and GMLERS guided missiles, as well as expand Honeywell’s portfolio to add work on the SPY-6 naval radar, drone and counter-drone technologies.
Cooling needs for the Joint Strike Fighter have taxed the F-35’s engine beyond its design specifications, prompting a need for separate upgrades to its powerplant and cooling system that Raytheon sees as an opening.