Agreement Provides 10-Year, $700 Million Contract for Maritime
Prepositioning
Service Prepares Equipment and Supplies to Ensure Marine Corps Mission
Success
Blount Island, Fla., June 2, 2009 -- Honeywell (NYSE: HON) Technology
Solutions Inc. (HTSI) announced today a 10-year contract with the U.S. Marine
Corps for Prepositioning and Logistics Support Services, which ensures Marine
Corps ships are stocked and available for deployment to combat zones. The
contract is valued at $700 million if all options are exercised.
“For 25 years, the Marine Corps has relied on Honeywell to accurately
inventory, repair and re-supply the equipment they need to sustain forward
deployments,” said Vince Trim, President, HTSI. “HTSI has been an integral part
of the MPS program since its inception and it is an honor to serve the Marine
Corps in this outstanding program for ten more years.”
Under the agreement, Honeywell oversees three squadrons and 14 ships stocked
with supplies to sustain 15,000 Marines in theater operations for 30 days. From
the Blount Island Command in Jacksonville, Fla., HTSI employees provide the
management, inventory accountability, service checks, maintenance, repair and
upgrades to equipment and supplies placed aboard these ships. In a typical
three-year cycle, HTSI repairs 11,000 items and tracks 45 million items that
represent the equipment and supplies needed for deployment.
“HTSI enables the Marines to reinforce amphibious operations and deploy rapidly
through advanced processes it has developed and perfected,” said Trim. “Our
Honeywell Operating System sets the baseline for our quality, safety and
metrics management to achieve reliable, high-quality results.”
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and industry; automotive products; turbochargers; and specialty materials.
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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,
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forward-looking statements included in this release are also subject to a
number of material risks and uncertainties, including but not limited to
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forward-looking statements.
Media Contact:
Bill Reavis
602-365-2055
bill.reavis@honeywell.com
Honeywell
Aerospace Media Center