Honeywell has raised first quarter earnings per share guidance to $0.45 – 0.49 from $0.40 – 0.45. The better than anticipated outlook reflects both stronger orders and sales in several short cycle end markets, including Honeywell

AAR acquires Trax to accelerate digital solutions strategy
Chicago-headquartered AAR CORP. (AAR) has announced its acquisition of Trax Corp. (trax), a leading independent provider of aircraft MRO and fleet management software to accelerate its digital solutions strategy. AAR is a global aerospace and defence aftermarket solutions company with operations in over 20 countries. It supports commercial and government customers through two operating segments: