Vimal Kapur, CEO of Honeywell (HON), explains why the purchase of Carrier reinforces Honeywell's focus on automation, aviation and the energy transition. Kapur explained that the addition of Carrier's security business enhances the quality of Honeywell's portfolio and strengthens its competitive position.

Regarding growth prospects, Kapur pointed out that security is a growing segment, moving from life safety to asset security, such as data centers and manufacturing facilities, where intellectual property protection and operations management are crucial. He also mentioned the convergence of cybersecurity with physical security, which should boost demand for integrated security systems.

 

(MT Newswires)

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