Honeywell and Lear Collaborating on Automotive Cybersecurity Software Solutions

FRANKFURT, Germany, Sept. 12, 2017 /PRNewswire/ -- Honeywell (NYSE: HON) and Lear Corporation (NYSE: LEA) today announced the two companies are collaborating to provide automotive software technology and infrastructure solutions to address threats associated with emerging connected and autonomous vehicle development. The announcement was made at the 67th Annual IAA Cars event in Frankfurt.

As leading, global tier 1 suppliers to the automotive industry, Honeywell and Lear are focused on pairing Honeywell's intrusion detection technology software and security operations centers with Lear's automotive electrical distribution systems and connected gateway expertise. As the industry increases system communications within the vehicle and external connectivity via cellular and satellite communications, the collaborative effort between Honeywell and Lear seeks to provide automakers with an architecture to address vehicle prognostics and help ensure passenger vehicle safety and security.

The two companies are working under a non-exclusive agreement to develop an effective system to identify and validate software commands and data generated by more than 100 million lines of code governing modern vehicle operation. Honeywell's software and global security centers monitor in-vehicle network communications. Lear's electrical gateways and security modules can be an effective toolset to detect and report anomalies preceding a mechanical failure or intentional hack of the vehicle. Captured data can be transmitted in either real time or via a scheduled download to Honeywell security centers for analysis and remediation.

Half of Honeywell's 23,000 global engineers develop software. The Honeywell Connected Vehicle team benefits from decades of Honeywell experience in aerospace and industrial safety critical applications to enhance cybersecurity of connected vehicles. Honeywell software also enables real-time vehicle performance diagnostics that can provide increased vehicle reliability and up to a 5 percent reduction in warranty costs.

Lear is one of the world's largest Tier 1 automotive suppliers and a leading provider of both seating systems and complete electrical architectures for vehicles.  Lear has a long history of introducing first-to-market innovations and is a leading supplier of gateway modules.  Lear also has a dedicated and independent product cybersecurity team protecting and securing Lear's computing platforms, in-vehicle and connected vehicle communication, vehicle intrusion detection systems, and electronic control units. Lear is expanding its gateway solutions to include connectivity and security feature integration developed internally and from providers like Honeywell.

Executive Quotes
"There are more than a dozen clearly defined attack surfaces which can provide points of entry for hacking into a passenger vehicle, and the number is growing fast. Honeywell is a long-time leader in the development of software that enables safety and cybersecurity solutions for a number of industries, and we are now extending this knowledge to connected and autonomous vehicle development. Our software architecture is based upon best practices we have already developed during the past 30 years for aerospace, military, defense and critical industrial facility security. Automakers can count on us to support the near-term and long-term future of the industry."
Olivier Rabiller, Honeywell Transportation Systems president and CEO
"Lear is focused on delivering cutting edge, secure vehicle-network-integrated connectivity solutions, built on our heritage as an innovation leader in vehicle electrical architectures.  Our complete capabilities in connectivity, gateway modules, and vehicle networking are helping to enable secure connected cars for our OEM customers.  Collaborating with Honeywell is one important aspect of our strategy to create and aggregate the industries best security solutions paired with our leading expertise in connectivity and vehicle networking."
Frank Orsini, Lear Corporation senior vice president and president of Lear E-Systems

About Honeywell

Honeywell (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes, and industry; turbochargers; and performance materials.  For more news and information on Honeywell, please visit www.honeywell.com/newsroom.

About Lear Corporation

Lear Corporation (NYSE: LEA) was founded in Detroit in 1917 as American Metal Products. In 2017, the Company will celebrate its 100th year anniversary.  Lear is one of the world's leading suppliers of automotive seating systems and electrical distribution systems (E-Systems).  Lear serves every major automaker in the world, and Lear content can be found on more than 400 vehicle nameplates.  Lear's world-class products are designed, engineered and manufactured by a diverse team of approximately 156,000 employees located in 38 countries.  Lear currently ranks #151 on the Fortune 500.  Lear's headquarters are in Southfield, Mich., USA.  Further information about Lear is available at http://www.lear.com or follow us on Twitter @LearCorporation.

SOURCE Honeywell Transportation Systems

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