PHOENIX, Aug. 17 /PRNewswire-FirstCall/ -- Honeywell (NYSE: HON) announced today it has delivered the first 28 Honeywell T55-L-714A engines and fielding kits for the United Kingdom's Ministry of Defense (MOD) Chinook helicopters, as part of the $185 million contract awarded last year to upgrade the existing Honeywell engines.
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The upgraded engines increase power by 17 percent and reduce fuel consumption by nearly 5 percent.
"Honeywell's new 714A engine significantly increases power for the Chinooks, a necessity for operating hot and high in Afghanistan," said Paul Vidano, vice president of Militaries and Operators, Honeywell Aerospace. "Increased power and fuel efficiency mean the soldiers can go further, lift more and deliver more troops and ammunition."
More than 5,300 T55 engines have been delivered since its launch, with more than seven million hours of global operation.
Honeywell has provided engines for the U.K. MOD since they acquired a Chinook fleet more than 20 years ago. Honeywell also provides the inertial navigation system for UK's CH-47 Chinook helicopters.
Honeywell's engines are available for both legacy CH-47D and new CH-47F helicopters.
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
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