Honeywell International Inc HON reported that its has received a five-year contract with NASA's Safety Center (NSC) worth $96 million for providing safety and mission-assurance services across the agency's centers and suppliers.
"Honeywell has proudly served NASA since the earliest days of the U.S. space program," said Vince Trim, president of Honeywell Technology Solutions, Inc. (HTSI). "This contract signifies increasing levels of responsibility for Honeywell as we continue in our shared pursuit of excellence in meeting NASA's mission objectives and demonstrates Honeywell's continued performance in an environment marked by budget restraints."
Honeywell shares fell 1.21% to close at $57.25 on Friday.
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