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Pin to quick picksTt Electronics Share News (TTG)

Share Price Information for Tt Electronics (TTG)

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Share Price: 146.00
Bid: 145.00
Ask: 147.50
Change: 1.00 (0.69%)
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Open: 145.50
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TT Electronics partners with Honeywell on inertial navigation supply

Mon, 18th Jul 2022 16:24

(Alliance News) - TT Electronics PLC on Sunday announced a partnership with Honeywell Aerospace on "next-generation" inertial navigation power supply.

TT Electronics' Kansas City facility has been awarded a letter of authority from Honeywell Aerospace to proceed with the design of a new power supply for inertial navigation units.

TT Electronics is a Woking, England-based manufacturer of electronic components. Honeywell Aerospace is part of Honeywell International Inc which is a North Carolina, US-based industrial firm.

Having previously worked together on numerous projects, TT Electronics Vice President & General Manager Matt Sweaney said: "This award reinforces our long-standing partnership with Honeywell and also demonstrates TT’s strategy in action as we continue to grow our position in the aerospace and defence industry."

Shares in TT Electronics were up 0.9% at 175.40 pence in London on Monday.

By Dominique Pretorius; dominiquepretorius@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved

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