Honeywell And Tata Power SED Sign Landmark Agreement For India's Defense Industry

NEW DELHI, Sept. 29, 2014 /PRNewswire/ -- Honeywell Aerospace (NYSE: HON) has signed a licensing agreement with Tata Power's Strategic Engineering Division (SED), enabling it to produce Honeywell's Tactical Advanced Land Inertial Navigator, or "TALIN" in India.  This Honeywell-patented technology enables vehicles and artillery to navigate very precisely, even where GPS satellite guidance is not available, to increase troop safety and maximize mission success.

"Our strategic agreement with Honeywell supports Tata Power's SED commitment to the 'Make in India' initiative – a priority for India's new Government," said Rahul Chaudhry, CEO, Tata Power SED. "We are proud to have completed this technology sharing arrangement, which will offer the Indian Armed Forces a state-of-the-art inertial navigation technology, made in India and with local product support. This agreement sets the standard for locally produced defense technologies to sustain India's military growth and mission success over the coming years."

Aligning with the Indian Government's objective of organically growing its defense industry and the call for "Make in India", Honeywell will license the design, hardware and expertise to assemble, test and, in the future, build the production kits for TALIN to Tata Power SED. It will mark the first time India has produced inertial land navigation technology, providing the Indian Armed Forces with a locally constructed advanced land navigation technology that is not limited by a reliance upon GPS -- an important benefit for vehicles and artillery operating across the country's mountain, desert and forest terrain where satellite signals can be limited.

"TALIN represents the latest in GPS-free navigation and positioning technology, designed to improve asset safety and ultimately mission success," said Arijit Ghosh, president India, Honeywell Aerospace. "By partnering with Tata Power SED on the production of TALIN we are aligning with the Government's aim of increasing locally manufactured technologies for India's defense industry and giving the Indian Armed Forces an easy-to-justify option for navigation on the 21^st Century battlefield."

The initial efforts will begin in 2015 for the TALIN 2000 with production and manufacturing of the system components expected by 2016. At this time the agreement will also be extended to cover Honeywell's TALIN 3000, 4000 and 5000 products, which offer varying capabilities to suit a wide range of operational requirements.

What Is TALIN?

TALIN is a highly accurate, shock-stabilized position and pointing inertial navigation system designed for use on a wide range of military and commercial platforms. It provides users with extremely precise attitude and position awareness with or without the use of GPS. Using the same Honeywell Ring Laser Gyro and Quartz Accelerometer technologies proven in both commercial and military navigation applications for decades, TALIN is ideal for environments where GPS signals are unavailable. More than 15,000 systems from the TALIN family are currently operating on more than 60 military and commercial platforms worldwide.

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Honeywell Aerospace products and services are found on virtually every commercial, defense and space aircraft, and its turbochargers are used by nearly every automaker and truck manufacturer around the world. The Aerospace business unit develops innovative solutions for more fuel efficient automobiles and airplanes, more direct and on-time flights, safer flying and runway traffic, along with aircraft engines, cockpit and cabin electronics, wireless connectivity services, logistics and more. The business delivers safer, faster, and more efficient and comfortable transportation-related experiences worldwide. For more information, visit www.honeywell.com or follow us at @Honeywell_Aero and @Honeywell_Turbo.

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.honeywellnow.com.

Honeywell and the Honeywell logo are the exclusive properties of Honeywell, are registered with the U.S. Patent and Trademark Office and may be registered or pending registration in other countries. All other Honeywell product names, technology names, trademarks, service marks and logos may be registered or pending registration in the U.S. or in other countries. All other trademarks or registered trademarks are the property of their respective owners. Copyright 2014 Honeywell.

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 economic and industry 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. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission.

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SOURCE Honeywell Aerospace

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