Honeywell Wins Five-Year, $75 Million Contract with U.S. Army
Agreement Provides Logistics Support Services for Army’s APS-3 Program
PHOENIX, Oct. 5, 2009 -- Honeywell
(NYSE: HON) Technology Solutions Inc. (HTSI) announced today that it
has won a five-year contract with the U.S. Army Prepositioned Stocks-3 (APS-3)
Afloat Program, which ensures Army ships are stocked and available for
deployment to combat zones.
The contract is valued at $75 million over five years if all options are
“Honeywell’s combined experience and performance record with the Army and the
U.S. Marine Corps in logistics management are proof the services see our
contribution to their mission as critical,” said Vince Trim, President, HTSI.
“Honeywell will provide the Army logistics and maintenance services for combat
equipment and supplies as well as manage inventory, service, maintain, repair
and upgrade the equipment and supplies headed for combat operations.”
In June, Honeywell announced a 10-year contract with the U.S. Marine Corps for
Prepositioning and Logistics Support Services, valued at $700 million if all
options are exercised.
Based in Phoenix, Arizona, Honeywell’s aerospace business is a leading global
provider of integrated avionics, engines, systems and service solutions for
aircraft manufacturers, airlines, business and general aviation, military,
space and airport operations.
Honeywell International (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; automotive products; turbochargers; and specialty materials.
Based in Morris Township, N.J., Honeywell’s shares are traded on the New York,
London, and Chicago Stock Exchanges. For more news and information on
Honeywell, please visit www.honeywellnow.com.
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