Honeywell International Inc. ( HON ) shares are trading slightly higher after United Airlines Holdings, Inc. ( UAL ) chose the company to supply a variety of avionics for its upcoming 737 MAX aircraft over the next decade.

This includes the industry’s only 3D weather radar, new 25-hour flight data recorders, and advanced traffic avoidance systems.

United Airlines initially chose Honeywell ( HON ) avionics in 2018 for 161 737 MAX aircraft.

This new agreement further reinforces Honeywell’s reputation for delivering top-tier aerospace technology.

Heath Patrick, President, Americas Aftermarket, Honeywell Aerospace Technologies said, “We are proud to continue our long-standing relationship with United Airlines to provide advanced avionics for its growing 737 MAX fleet.”

Earlier this month, Honeywell ( HON ) agreed to acquire Air Products And Chemicals, Inc. ( APD )'s  liquefied natural gas (LNG) process technology and equipment business for $1.81 billion in an all-cash transaction.

Honeywell ( HON ) stock has gained more than 2% in the last 12 months. Investors can gain exposure to the stock via Gabelli Commercial Aerospace And Defense ETF ( GCAD ) and Invesco Aerospace & Defense ETF ( PPA ) .

Price Action: HON shares are up 0.12% at $214.87 premarket at the last check Monday.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.