Honeywell Wins Five-Year, $125 M Contract with US Army
Agreement Provides Logistics Support Services for Army's APS-3 Program(Phoenix, October 5, 2009) -- Honeywell (NYSE: HON) Technology Solutions Inc. (HTSI) announced today that it has won a five-year contract with the U.S. Army Prepositioned Stocks-3 (APS-3) Afloat Program, which ensures Army ships are stocked and available for deployment to combat zones.
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The contract is valued at $125 million over five years if all options are exercised.
"Honeywell's combined experience and performance record with the Army and the U.S. Marine Corps in logistics management are proof the services see our contribution to their mission as critical," said Vince Trim, President, HTSI. "Honeywell will provide the Army logistics and maintenance services for combat equipment and supplies as well as manage inventory, service, maintain, repair and upgrade the equipment and supplies headed for combat operations."
Source : Honeywell International, Inc. (NYSE: HON)

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