- Commercial Aerospace
NextGen ATM research program awarded to Honeywell
PHOENIX, 1 Oct. 2010. Honeywell (NYSE: HON) finalized a research agreement with the Federal Aviation Administration (FAA) to evaluate and demonstrate Next Generation (NextGen) air traffic management (ATM) technology that will allow aircraft to fly more direct routes to save on fuel and emissions and arrive in a precise location at a precise time -- improving on-time arrivals and reducing delays into airports.