Agreement Covers Wheels and Brakes

SINGAPORE, Feb. 2, 2010 -- Honeywell (NYSE: HON) announced today that it will provide wheel and brake carbon materials for Qantas’ Airbus A380 aircraft. Terms of the contract were not disclosed.

“This agreement ensures Qantas will receive the parts they need when they need them,” said Mike Madsen, vice president of Airlines at Honeywell Aerospace. “Qantas gets predictable maintenance expenses and parts when they need them most, minimizing operational disruptions and lowering operating costs.”

Honeywell will provide wheels and brakes materials for Qantas’ fleet of six A380s, as well as their 14 additional aircraft orders.

The A380 Material Cost Per Aircraft Landing (MCPAL) agreement provides Qantas with the aftermarket support and consigned wheel and brake component parts required to maintain and operate their A380 wheels and brakes. Honeywell’s Carbenix® friction material expertise, titanium braking components and patented anti-oxidant protection are utilized to enhance the operational performance and service life of the integrated A380 wheel and brake system.

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 http://www.honeywellnow.com.

This release contains certain statements that may be deemed “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements.

Media Contact:
Karen Crabtree
602-365-5255
karen.crabtree@honeywell.com
Honeywell Aerospace Media Center
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