Honeywell Wins Five-Year, $125 Million Contract With U.S. Army

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Mon Oct 5, 2009 9:02am EDT

Agreement Provides Logistics Support Services for Army's APS-3 Program







PHOENIX,  Oct. 5 /PRNewswire-FirstCall/ -- 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.


(Logo: http://www.newscom.com/cgi-bin/prnh/20080425/LAF040LOGO)


The contract is valued at $125 million over five years if all options are
exercised.


"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.


This release contains certain statements that may be deemed "forward-looking
statements" within the meaning of Section 21E of the Securities Exchange Act
of 1934. All statements, other than statements of historical fact, that
address activities, events or developments that we or our management intends,
expects, projects, believes or anticipates will or may occur in the future are
forward-looking statements. Such statements are based upon certain assumptions
and assessments made by our management in light of their experience and their
perception of historical trends, current conditions, expected future
developments and other factors they believe to be appropriate. The
forward-looking statements included in this release are also subject to a
number of material risks and uncertainties, including but not limited to
economic, competitive, governmental, and technological factors affecting our
operations, markets, products, services and prices. Such forward-looking
statements are not guarantees of future performance, and actual results,
developments and business decisions may differ from those envisaged by such
forward-looking statements.






SOURCE  Honeywell

Karen Crabtree of Honeywell, +1-602-365-5255, karen.crabtree@honeywell.com
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