Honeywell Wins Russian Engine Contract

Honeywell Wins Russian Engine Contract

Morristown, N.J.-based Honeywell International is going to Russia ... with engines.

On Tuesday, Honeywell announced that Russia's Siberian Aeronautical Research Institute (SibNIA) has tapped it to supply an expected 300 TPE331-12UAN turboprop engines as part of a "major upgrade" of Russia's Antonov An-2 biplane fleet. Beginning later this year, Honeywell will start supplying engines and performing aftermarket support on the upgrade effort.

Financial terms were not disclosed.

Antonov's An-2 is a light utility transport biplane used for aerial supply drops, crop-dusting, firefighting, and other forestry and agricultural purposes. Its short takeoff and landing requirements, large payload capacity, and ability to operate out of "unprepared fields" make it ideal for all sorts of tasks it might be called upon to perform in the Siberian wilderness.

SibNIA's planned upgrade will focus on reducing the plane's weight, reducing fuel consumption, and improving reliability.

Honeywell notes that SibNIA has taken an option to buy more than the initial 300 engines, and that this initial contract may also yield "additional opportunities for future collaboration on the An-2 program," perhaps including upgrades to avionics and or the An-2 cockpit.


The article Honeywell Wins Russian Engine Contract originally appeared on

Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.