Honeywell awarded $90 million contract for work on rocket launches
By APFriday, July 30, 2010
Honeywell gets $90M rocket launch contract
PHOENIX — Honeywell International Inc. said Friday that it was awarded a $90 million contract for work on a rocket program.
The contract is for avionics for guidance and navigation for the Atlas V rocket. It was awarded by the United Launch Alliance, a joint venture between Lockheed Martin and Boeing to launch satellites and other equipment into space.
Shares of Honeywell rose two cents to $42.74.
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