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Sat, Feb 07, 2004

Good Work If You Can Get It: Honeywell To Suppply Avionics For 7E7

Potential Value of Programs is $1.5 Billion

Honeywell has been selected by Boeing to supply two systems to the 7E7 Dreamliner. The two systems are the Navigation (NAV) package, and the Crew Information System/Management System (CIS/MS). Together, the systems represent a potential total program value of $1.5 billion for Honeywell over the life of the 7E7 program.

“We are excited about continuing our long relationship with Boeing and being a part of this next generation of passenger jet aircraft,” said Robert D. Johnson, President and CEO of Honeywell Aerospace. “Boeing asked each bidder to bring new ideas to the table, and Honeywell’s unmatched technology and customer focus were the reasons we were selected to provide these important avionics systems,” Johnson added. Honeywell supplies major systems for the Boeing 717,737,757,767,777 and 747 passenger jet aircraft.

The Navigation (NAV) package includes the flight management function, which manages navigation and aircraft performance. An inertial reference system measures acceleration to determine aircraft location by keeping track of its movements in flight. The air data system measures such things as aircraft speed and altitude. A multi-mode receiver houses global navigation as well as conventional air navigation sensors that use ground navigation aids.

Honeywell has a long-standing relationship with Boeing being chosen for the 757/767/777 aircraft. The Crew Information System/Maintenance System (CIS/MS) provides the aircraft operator with the general health of major aircraft systems. Honeywell is the provider of the successful Boeing 777 CIS/MS, and this award enables a similar solution for the B7E7.

Honeywell also remains a bidder on a number of 7E7 systems that have yet to be awarded by Boeing. In addition, Honeywell anticipates participating on new models of the 7E7, expects to be a major supplier of Buyer Furnished Equipment, and believes that once the 7E7 enters service, there will be service opportunities with operators. This is consistent with one of Honeywell’s key strengths, recognized as the most respected maintenance, repair and overhaul company in the industry.

“When all the 7E7 work is decided, Honeywell is confident we will have significant content on the Boeing 7E7 Dreamliner,” said Johnson. “It will be content that matches our strategy and technology, that has favorable shareholder return, and is focused on technical value differentiation,” Johnson continued. “And don’t forget that this model will be followed later by other model competitions with larger additional volume fleets and where we currently have greater shipset content.”

Johnson was also quick to point out that Honeywell expects to supply technical products into other systems. “We will likely be a supplier to the engine and other major mechanical subsystems manufacturers selected by Boeing to be on the 7E7 team,” Johnson added.

FMI: www.honeywell.com

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