HONEYWELL SOLD ONE OF ITS TWO TRAFFIC ALERT AND COLLISION AVOIDANCE SYSTEM (TCAS)

HONEYWELL SOLD ONE OF ITS TWO TRAFFIC ALERT and Collision Avoidance System (TCAS) product lines to L-3 Communications Corp., fulfilling a condition required by regulatory authorities for the merger of Honeywell and AlliedSignal. The new Honeywell retains the larger TCAS line of AlliedSignal, which...

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