07:53 AM EDT, 03/25/2026 (MT Newswires) -- Honeywell International ( HON ) said Wednesday it has signed a supplier framework agreement with the US Department of Defense to rapidly increase production of critical defense technologies.

The agreement includes a $500 million multi-year investment to upgrade the company's production capacity, Honeywell ( HON ) said.

Under the agreement, Honeywell Aerospace will increase production of navigation systems, missile actuators and electronic warfare solutions, the company said.

Honeywell ( HON ) shares were up 1.3% in Wednesday premarket trading.