Honeywell bullish on defense acquisition
Some three weeks after closing negotiations to buy defense logistics contractor Dimensions International, Honeywell Defense and Space president Ed Wheeler

Some three weeks after closing negotiations to buy defense logistics contractor Dimensions International, Honeywell Defense and Space president Ed Wheeler prepared to travel to Paris “feeling good” about the company’s position, notwithstanding the tumultuous political environment in the U.S. “We don’t expect to see great upsets in budgets and whatnot, certainly not as long as troops are in harm’s way,” Wheeler said. “Longer term, the political process will work its way through and we’ll see where it goes. But yes, we’re doing well; we’re happy about our circumstance and think things are pretty stable for a while.”

Whether or not the stability Wheeler described holds for long, the Dimensions acquisition will ensure its participation in the Department of Defense’s “reset” efforts, or, in civilian terms, the repair and replacement of equipment worn out from extensive U.S. military activity around the globe.    
 
“We see DoD migrating more and more repair, overhaul and maintenance to third-party contractors,” said Wheeler. “And we’ve been competing and winning some of that business and Dimensions just continues to fill in that capability for us, so you’ll probably see us doing more in that space.”