Honeywell Gets $201M Army Contract Modification for Automotive Gas Turbine Hardware

Honeywell International (NYSE: HON) has received a $201.5 million modification to provide automotive gas turbine hardware for the U.S. Army‘s total integrated engine revitalization effort.

The Army Contracting Command obligated the full modification amount at the time of award from the service branch’s fiscal 2018 working capital funds, the Defense Department said Friday.

Work will occur at a company facility in Phoenix, Arizona through March 29, 2021.

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