Honeywell Wins $38 Million FAA Contract

Honeywell to Maintain FAA Security Systems at More Than 1,000 Locations

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May 04, 2011, 06:00 ET

PHOENIX, May 4, 2011 /PRNewswire/ -- Honeywell (NYSE: HON) has won a 5-year, $38 million contract with the Federal Aviation Administration (FAA) to maintain security systems at more than 1,000 locations in the agency's Air Traffic Organization (ATO) Air Traffic Systems Branch.

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"Maintaining critical security systems is a key component to protecting the safety of the national airspace system," said Vince Trim, president, Honeywell Technology Solutions Inc. (HTSI), the wholly-owned subsidiary of Honeywell which will execute the contract with the FAA. "This is our first logistics contract with the FAA, and we plan to leverage our rapid response, customer service approach and proven logistics processes to ensure system security at FAA staffed facilities."

With more than 7,000 takeoffs and landings per hour, the FAA ATO safely guides approximately 50,000 aircraft through the national airspace system every day. The national airspace system is operated and maintained by 35,000 controllers, technicians, engineers and support personnel. Honeywell was awarded a base contract with 4 one-year options.

HTSI will provide corrective maintenance for security systems at essential FAA locations across the country, including air traffic control facilities and national airspace navigation, surveillance and communication sites. The Corrective Maintenance contract includes security equipment such as video surveillance, physical access control equipment, intrusion detection and barrier arms. In addition, the HTSI team will operate a logistics facility using the HEARTS (Honeywell Enterprise Asset Resource Tracking System) solution to optimize functionality and leverage the Honeywell Global Service Response Center (GSRC) to provide service 24 hours a day, 365 days a year.

HTSI provides a range of services for government customers in management, space systems and services, networks and field engineering, Department of Defense logistics, maintenance, sustainment, calibration, information technology and cyber security.

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 MorrisTownship, 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