OEM legacy product solution provider Ontic has signed a new exclusive license agreement with Honeywell for cockpit LCD displays. The agreement covers 162 line replaceable units (LRUs) from 26 of Honeywell’s product families, which are fitted on over 50% of various commercial, military fixed-wing and rotorcraft aircraft manufactured by OEMs including Airbus, Boeing and Bombardier.
The agreement is effective immediately and both companies have established a dedicated team to manage the transition process and ensure there is no break in service or shipments during the transition period. Ontic will support the cockpit display products from its facility in Chatsworth, California and its global support network.
“The proactive life cycle support planning that Honeywell has undertaken with Ontic provides assurance to the customers that these products are available for as long as the market requires them,” says Gareth Hall, president of Ontic. “Legacy electronics and avionics have been a substantial part of Ontic’s business for many years and the products in this license are an excellent fit.”
Ontic has been a Honeywell licensee for 35 years and the two companies have more than 15 already-standing agreements covering a wide range of LRUs, including analog and digital engine controls, 700 Series auxiliary power units (APU) and a variety of heat transfer products.
Earlier this year, Ontic signed an agreement with Esterline subsidiary Racal Acoustics to license manufacturing and aftermarket support for various avionics products. Ontic also acquired GE Aviation’s legacy avionics portfolio at the end of 2016. Last year, Hall told MRO Network that OEMs are increasingly looking to divest their non-core business in a responsible way and that Ontic helps to free up their stranded capital.