Honeywell China and Boyun New Materials to invest USD 18 million in JV

Honeywell China and Hunan Boyun New Materials will invest an additional USD 18 million in their joint venture Honeywell Boyun Aviation System Hunan, to support R&D and daily operations and to become a supplier for COMAC's C919 aircraft.

“The capital increment will raise the JV's registered capital to USD98 million from USD80 million.”yicaiglobal.com

• 1 source
• yicaiglobal.comHoneywell China’s Airplane Parts JV to Get USD18 Million InfusionTang ShihuaMay 7, 2020

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