Honeywell to buy head-up display technology for planes from Saab
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Honeywell International (NASDAQ:HON) on Wednesday announced an agreement to buy the head-up-display (HUD) technology unit of Saab (OTCPK:SAABY) (OTCPK:SAABF), the Swedish aerospace and defense company. Terms of the agreement weren't disclosed.
As part of the agreement, Saab will work with Honeywell (HON) to develop and strengthen its head-up-display, also knowns as heads-up-display, product line.

Honeywell (HON) plans to integrate the technology into Honeywell Anthem flight deck. It also will be available for the Honeywell Primus Epic flight decks and individual retrofits.
HUDs give pilots increased situational awareness, especially at night or in difficult weather conditions, according to a statement.