PHOENIX, Sept. 7, 2011 /PRNewswire/ -- Honeywell (NYSE: HON) has won a five-year, $450 million contract with NASA's Goddard Space Flight Center (GSFC) to provide Ground Systems and Mission Operations (GSMO) services for the agency's fleet of scientific research satellites.
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The NASA research satellite program is focused on gaining a better understanding on key issues such as planetary exploration, natural disaster characterization, climate change, ground topography mapping, agricultural efficiency, and electromagnetic effects on the earth. Honeywell will work with GSFC to help extend the life of existing research satellites and increase optimization for new satellites that will support greater scientific space research activities in the future.
"Honeywell has partnered with NASA since its inception to develop and advance the U.S. space program," said Charles Harvey, president of Honeywell Technology Solutions, Inc. "Today, our technologies will re-set the operational life and value of NASA research satellites, enabling the agency to continue to meet commitments on a wide range of missions of vital importance to humankind."
As part of the contract, Honeywell will also develop concepts of operations, provide systems engineering, and integrate and test new satellite ground systems from launch to orbit operations. The contract will continue through October 2016.
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 (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.
Honeywell and the Honeywell logo are the exclusive properties of Honeywell International, Inc., 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 2011 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 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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