FX.co ★ Honeywell Granted $103 Mln Contract By US Army For Next-Generation Radar Altimeter System

Honeywell International, Inc. (HON) announced on Monday that it has secured a $103 million contract from the U.S. Army, facilitated through the Defense Logistics Agency. This contract involves the provision of Honeywell's Next-Generation APN-209 Radar Altimeter system for a diverse range of Army aircraft.

The newly developed APN-209 Radar Altimeter system will serve as a direct upgrade from the original APN-209, which has been the predominant radar altimeter for numerous U.S. Army aircraft since its debut in 1975.

This contract highlights Honeywell's enduring dedication to supplying advanced and dependable technology, crucial for supporting U.S. Army operations.

Having established itself as the primary altimeter supplier to the U.S. Department of Defense, Honeywell boasts the delivery of over 150,000 units over the past six decades. Beyond domestic commitments, Honeywell has also provided its legacy altimeters to numerous international clients and anticipates introducing the Next Gen APN-209 to global markets in the coming years.