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We Need More Engineers in America

Money with Melissa Francis

Honeywell Chairman and CEO Dave Cote appeared on Fox Business Network’s MONEY with Melissa Francis, where he discussed more efficient ways to promote STEM education in order to increase the number of engineers in America.

“If we took a look at all the government programs that support science, technology, engineering and math, there are over 100 programs already,” Cote explained. “None of them are coordinated and not a single one is measured to see if we are getting what we ought to. My guess is there’s a way to combine all that, focus and measure it, and you can probably pay someone to get an engineering degree.”

Cote illustrated the need for more focus, using the future of Honeywell as a prime example.

“We’ve got over 22,000 engineers… and more than half of them are doing software,” Cote said. “Whether it's simulation software packages, the software that goes into a product today, or the software you sell as a service, it is becoming increasingly important – and that’s math and science based.”

Click here to watch the full interview.

Rob Ferris
Corporate and Financial Media Relations