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Stock impact report

Torpedo Market To Reach USD 1.6 Billion By 2032 | DataHorizzon Research [Yahoo! Finance]

Honeywell International Inc. (HON) 
Last honeywell international inc. earnings: 5/1 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.honeywell.com
Company Research Source: Yahoo! Finance
Fort Collins, Colorado, April 30, 2024 (GLOBE NEWSWIRE) -- Technological advances in marine torpedoes have augmented the market demand. A torpedo, designed as a formidable weapon system, is pivotal in naval and sea warfare, enabling targeted attacks against enemy vessels. These independent and autonomous anti-submarine weapons can be deployed from various platforms, including aircraft, ships, missiles, and submarines. Typically comprised of three primary components – propulsion, explosives, and guidance system – torpedoes are engineered for precise and effective strikes. The propulsion system drives the torpedo forward, while the guidance system ensures accurate targeting, guiding the weapon toward its intended objective. Upon reaching its target, the torpedo detonates upon impact, delivering a powerful explosion. The growth in maritime border conflicts and the expansion of marine trade have fueled the proliferation of submarines and advanced naval vessels, thus amplifying th Show less Read more
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