The race has maintained its original ideals since it began in 1985 by focusing on teamwork, camaraderie, physical fitness and competition. The number of participating teams have grown from the original 19 in 1985 to nearly 300 which includes over 8000 runners.
Investments into R&D are key to maintaining and/or improving competitiveness for the long term, and Honeywell spent about $2.1 billion on it in 2016. If You Can't Beat 'Em, Buy 'Em Honeywell has a market capitalization of about $99 billion.
Honeywell sales fall short of estimates, reaffirms 2017 guidance. Honeywell International Inc. said Friday it had net income of $1.034 billion, or $1.34 a share, in the fourth quarter, down from $1.194 billion, or $1.53 a share, in the year-earlier period. Excluding pension and other costs, the company had EPS of $1.74, matching the FactSet consensus.