Honeywell Moves Forward with FAA Deal

Honeywell (NYSE: HON) picked up a $38 million, five-year contract with the Federal Aviation Administration “to maintain security systems at more than 1, 000 locations in the agency’s Air Traffic Organization Air Traffic Systems Branch.”

“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., the wholly-owned subsidiary of Honeywell which will execute the contract with 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.”

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