Air Works Agreement Covers Avionics and Mechanical Service for Dassault and Gulfstream Operators

New Facility Expected to be Operational by June

EBACE, GENEVA, May 4, 2010 -- Honeywell (NYSE: HON) today announced that it has named India-based Air Works as a regional forward-stocking location partner for key mechanical and avionics parts.

“This agreement allows Honeywell to expand its support capabilities for Gulfstream and Dassault operators in India and the Middle East regions by positioning LRUs intended for AOG support in Bangalore, India,” said Paolo Carmassi, president, Europe, Middle East and Africa, Honeywell Aerospace. “Support for our customers in this growing area of the world is critical, and the agreement with Air Works reflects our commitment to continuously improve customer satisfaction, asset availability and support regional operators and OEMs.”

Honeywell will be supplying Air Works with a variety of products for Gulfstream and Dassault aircraft including, but not limited to:
• Fuel Pumps
• Full Authority Digital Electronic Controls
• Digital Electronic Engine Control
• Display Units
• Navigation and Guidance Units
• Enhanced Grounded Proximity Warning Units
• Various modules for our integrated avionics systems

As an authorized Honeywell Service Center, Air Works will have the capability to support Falcon 2000, Falcon 900 and Falcon F7X aircraft as well as Gulfstream GIV, GV, G450, and G550 aircraft.

“Our goal is to ship parts within 24 hours of order receipt and we are driving for a fully stocked operation by June,” Carmassi said. “Expanding our service network into India means we are better positioned to keep our customers in the region flying.”

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 (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.

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 economic and industry 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:
Bill Reavis
602-365-2055
bill.reavis@honeywell.com
Honeywell Aerospace Media Center