Contract to Fund Advanced Propulsion, Thermal and Power System
Development
PARIS AIR SHOW, June 15, 2009 — Honeywell (NYSE: HON) today announced
that it has been awarded a contract by the United States Air Force for
development of new technologies for gas turbine engines.
The agreement has a potential value of $70 million over the life of the
agreement.
Funding from the contract will begin immediately and will be used to support
technology development activity for the Versatile Affordable…
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