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PHOENIX - Honeywell International Inc. said Tuesday it is selling weather radar systems to European aerospace company Airbus in a deal worth $300 million.
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| HON | 25.38 |  1.71 |
Airbus picked Honeywell's IntuVue 3-D Advanced Weather Radar for use on its A320, A330 and A340 aircraft. Deliveries will begin in 2010.
The radar enables flight crews the ability to detect and avoid previously unforeseen turbulence, wind shears and dangerous storm activity so they can make more informed route decisions, Honeywell said.
Honeywell's IntuVue weather radar is already standard equipment on the Airbus A380 and A350 jets, the Boeing 777, Boeing 737NG and the C-17 and is specified as standard equipment on the Gulfstream 650 and Airbus A350 when they enter service.
Shares fell 22 cents to $40.15 in morning trading.
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