Honeywell Wins Defense Contract Worth Up to $502 Million

The Department of Defense announced 13 new defense contracts Wednesday, worth $1.14 billion in aggregate. And yet, one single company -- winning just one single contract -- will collect nearly half the funds on offer. That company is Honeywell International .

Honeywell's contact, a contract worth up to $502.4 million, calls on the company to supply spare parts to support various weapon systems including aircraft, engines, helicopters, and related hardware. The contract begins with an initial five-year base period of operation that runs through Oct. 29, 2018, and may be extended (and increase in value) with the exercise of a subsequent four-year-long option period.

Contracting customers include the U.S. Army, Navy, Air Force, and Marine Corps locations in Arizona, North Carolina, California, Indiana, Ohio, Michigan, and New Mexico.


The article Honeywell Wins Defense Contract Worth Up to $502 Million originally appeared on

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