Author: Matthew Nelson|| Date Published: April 21, 2020
Honeywell (NYSE: HON) has secured a four-year, $99.1M contract to help the U.S. Air Force update the service branch’s Embedded Global Positioning System/Inertial Navigation System.
The company will provide engineering, manufacturing and development services to the EGI-Modernization program under the sole-source contract, the Department of Defense said Monday.
The Air Force is obligating $20M in fiscal 2020 research, development, test and evaluation funds at the time of award. Contract work will take place Clearwater, Fla., through April 19, 2024.
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