Business
HONEYWELL AND FLEXJET FINALIZE SETTLEMENT, RENEW LONG-TERM CONTRACT THROUGH 2035
Honeywell (Nasdaq: HON) and Flexjet are pleased to have reached a comprehensive agreement to resolve their pending litigation and look forward to rebuilding the parties' commercial partnership.
About this update from Standardaero, Inc.
[{"type":"text","content":"CHARLOTTE, N.C., Jan. 21, 2026 /PRNewswire/ -- Honeywell (Nasdaq: HON) and Flexjet are pleased to have reached a comprehensive agreement to resolve their pending litigation and look forward to rebuilding the parties' commercial partnership.","length":244,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/Honeywell)","displaySize":"","headline":null,"caption":"(PRNewsfoto/Honeywell)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":83,"url":"https://media.zenfs.com/en/prnewswire.com/52f35805bebf4ce9fb06210799d2abf0"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/02fU1KhRblnek2ROM8wAvQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE0NjtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/52f35805bebf4ce9fb06210799d2abf0","width":400,"height":83}},"href":"https://mma.prnewswire.com/media/1420781/Honeywell_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The agreement will resolve in full all pending claims among and between the parties, as well as related litigation involving StandardAero and Duncan Aviation. Simultaneously, and as partial consideration for the resolution of the litigation, Honeywell and Flexjet have agreed to extend their aircraft engine maintenance agreement through 2035. Honeywell and Flexjet look forward to working collaboratively going forward.","length":425,"tagName":"p"},{"type":"text","content":"About HoneywellHoneywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology, that help make the world smarter and safer as well as more secure and sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.","length":672,"tagName":"p"},{"type":"text","content":"Forward-Looking StatementsWe describe many of the trends and other factors that drive our business and future results in this release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities E...