PHOENIX, Oct. 5 /PRNewswire-FirstCall/ -- 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.
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."
In June, Honeywell announced a 10-year contract with the U.S. Marine Corps for Prepositioning and Logistics Support Services, valued at $700 million if all options are exercised.
Based in Phoenix, Arizona, Honeywell's aerospace business is a leading global provider of integrated avionics, engines, systems and service solutions for aircraft manufacturers, airlines, business and general aviation, military, space and airport operations.
Honeywell International (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell's shares are traded on the New York, London, and Chicago Stock Exchanges. For more news and information on Honeywell, please visit www.honeywellnow.com.
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