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Honeywell awarded $248.93M Army contract

Honeywell (HON) was awarded a $248.93M firm-fixed-price contract for maintenance and overhaul of the CH-47 Chinook T-55 engine to ensure sustained mission readiness and prevent a gap in maintenance and overhaul supply. Bids were solicited online, with one received. Work locations and funding will be determined with each order, with an estimated completion date of May 19, 2029. Army Contracting Command is the contracting activity.

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