PHOENIX , Oct. 21 /PRNewswire-FirstCall/ -- Honeywell (NYSE: HON) announced
today that it has signed a five-year agreement with ST Aerospace Systems Pte
Ltd (STA Systems) to provide mechanical piece parts. The agreement is
potentially worth U.S.
Under this agreement, Honeywell will supply STA Systems parts for Honeywell mechanical equipment installed on various platforms including Boeing B737, B747, B757, B767 and legacy platforms. This latest arrangement with Honeywell will allow STA Systems to extend its range of capabilities by providing Honeywell component repair and overhaul to all their customers.
In February 2008 , Honeywell announced a five-year agreement with ST Aerospace to provide maintenance on a wide range of Honeywell avionics systems and mechanical components installed on Boeing 737, Airbus A320 and selected legacy aircraft.
"The relationship between the two companies continues to expand, reflective of the growth of the aerospace industry in the region," said Mike Madsen , Honeywell Vice President of Airlines. "Under this agreement, Honeywell will provide ST Aerospace the materials and support they need to grow their full-service operation in support of their global clientele."
Honeywell's aftermarket service programs provide a comprehensive range of cost-effective maintenance and asset availability solutions to support operations throughout the life span of the aircraft. From service agreements and repairs to logistics and parts availability programs, Honeywell's solutions can be customized to create cost-effective packaged solutions that allow organizations to better manage and predict maintenance spending, asset requirements and repair needs.
Honeywell International is a
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