50 SKY SHADES - World aviation news

Honeywell has acquired privately held TruTrak Flight Systems

Download: Printable PDF Date: 27 Jul 2019 10:54 (UTC) categories:
Publisher:
Honeywell has acquired privately held TruTrak Flight Systems - Manufacturer publisher
Dana Ermolenko
Country: United States Aircraft: Airplanes

Honeywell has acquired privately held TruTrak Flight Systems, a leader in autopilots for experimental, light-sport and certified aircraft. The acquisition will become part of Honeywell’s BendixKing business, helping to deliver affordable technologies to the experimental and general aviation markets. This market has grown by double digits over the past five years.

“TruTrak is a natural fit with BendixKing, and this acquisition opens up an exciting new market to us,” said Carl Esposito, president, Electronic Systems at Honeywell Aerospace. “It provides great technology at affordable prices, which is central to BendixKing’s business. Furthermore, adding TruTrak to the BendixKing family will attract new talent, foster collaboration and help us identify new ways to bring value to our customers.”

As part of the acquisition, TruTrak’s chief executive officer and owner, Andrew Barker, will join the BendixKing executive team and will continue to drive the successful adoption of TruTrak’s autopilots in the experimental and certified aircraft markets. BendixKing will also add TruTrak’s engineers to its staff to maintain the integrity of the technology and the affordability for which TruTrak’s products are known.

“Honeywell and BendixKing’s capabilities in the aerospace industry will accelerate the continued development of the products TruTrak has built from the ground up,” said Barker. “Their vision for autopilots aligns with ours, and personally I am very excited to join the BendixKing team and use the extensive resources now available to us to continue forging the future of autopilots.”

Since its founding in 1999, TruTrak has sold well over 15,000 autopilots and continues to introduce new products and features to improve autopilot technology, improve safety features, and add new capabilities. TruTrak’s autopilot systems can fly a wide range of aircraft and fly well in turbulence. They are also easy to install, maintain and use.

Terms were not disclosed and the there is no change to the company’s 2019 outlook as a result of the acquisition.

Related event:
22
July
2019
United States, Oshkosh, EAA Aviation Center 3000 Poberezny Road Oshkosh, WI 54902.


Archived
7 years ago





Recommended

Liebherr-Aerospace Technology (Shanghai) celebrates groundbreaking

The groundbreaking event of Liebherr-Aerospace Technology (Shanghai) is a milestone that marks a significant step for Liebherr – one of the world's top three landing gear suppliers with deca...

Singapore selects Thales for next-generation AI-powered air traffic management system serving one of Asia’s busiest airspaces

The Civil Aviation Authority of Singapore has awarded Thales a landmark contract to develop a new NexGen Air Traffic Management System (ATMS) and air traffic control radars, marking a major step towar...

Airbus delivers first NH90 designed for special operations to France

Airbus Helicopters officially delivered the first NH90 Standard 2 to the French Armament General Directorate. This new variant of the NH90 TTH was designed specifically for special operations. Fr...

The Arriel 2K, the engine powering the Leonardo AW09 helicopter, has received its EASA certification

The Arriel 2K engine that powers Leonardo’s AW09 helicopter, has received its type certificate from EASA. This marks an important milestone towards the entry into service of the AW09, Leonardo&r...

Android Apps development in Riga, Latvia