Honeywell's (HON) aerospace unit intends to double the number of engineers in China to 700...

|About: Honeywell International, ... (HON)|By:, SA News Editor

Honeywell's (HON) aerospace unit intends to double the number of engineers in China to 700 within the next five years as the company looks to muscle in on the country's attempts to build a plane-making industry. Honeywell is already working on four systems for Comac's 150-seat C919, and it's in talks with Aviation Industry Corp of China about developing a business jet.