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Friday, June 13, 2008

Honeywell to Buy IAC

Honeywell announced plans June 5 to acquire Intelligent Automation Corp. (IAC), Poway, Calif., a supplier of Health and Usage Monitoring Systems (HUMS) for military and commercial aircraft. Financial terms of the deal were not disclosed. “With the acquisition of Intelligent Automation Corporation, Honeywell builds on our existing HUMS services to reach new customers around the globe,” said Ed Wheeler, president, Honeywell Defense and Space. “IAC technologies solve complex problems with easy to understand advanced systems that increase aircraft mission readiness, reduce operating costs and improve public and crew safety.” IAC’s HUMS systems are deployed on more than 500 aircraft and selected on more than 1,000 aircraft, including the U.S. Army AH-64 Apache, C/MH-60 Blackhawk, C/M/HH-47 Chinook Helicopters and the OH-6 (Little Bird). For related news


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