Honeywell to deliver 10 new engines to Eagle Copters in 2017

Honeywell (NYSE: HON) will deliver a total of 10 HTS900 helicopter engines to Eagle Copters Ltd. in 2017, the company said.

Using design and engineering licensed from Bell Helicopter, Honeywell and Eagle Copters launched the Eagle 407HP program to improve the performance of existing Bell 407 helicopters by replacing the standard engine with the Honeywell HTS900 engine. Under the partnership, Honeywell provides the HTS900 engine and configuration while Eagle Copters provides the aircraft, performs the engine installation, and handles flight-testing and certification.

Eagle Copters placed a new order for eight additional engines in January 2017, adding to the two engines from a previous order, which are scheduled for delivery in the second quarter.

The Honeywell HTS900 is a new engine design that provides an additional 500 pounds of payload, improved dash speed, and 12% lower maintenance costs compared with the original Bell 407.

Honeywell is a software-industrial company that delivers industry specific solutions that include aerospace and automotive products and services; control technologies for buildings, homes, and industry; and performance materials globally.