Honeywell Secures New $476 Million Engine Production Contract For U.S. Army Chinook Fleet

Rhea-AI Summary

Honeywell has secured a $476 million contract for the production and supply of T55-GA-714A engines used in the U.S. Army's CH-47 Chinook helicopters. This 4-year IDIQ contract will ensure the availability of spare engines for the Army and foreign partners through 2024. The engines will be manufactured at Honeywell's facility in Phoenix. Additionally, Honeywell has made strides in engine technology with the upgraded T55-GA-714C engine, which offers 23% more power and 9% better fuel efficiency.

Positive

• Awarded a $476 million contract for T55-GA-714A engines, ensuring continued support for the CH-47 Chinook fleet.
• Production facility in Phoenix will manufacture engines, enhancing operational efficiency.
• Upgraded T55-GA-714C engine offers 23% more power and 9% less fuel consumption, reducing operational costs.

Negative

• None.

PHOENIX, March 9, 2021 /PRNewswire/ -- Honeywell (NYSE: HON) has won a 4-year IDIQ (Indefinite Delivery, Indefinite Quantity) contract for new production and spare T55-GA-714A engines that power the U.S. Army's CH-47 Chinook helicopters. This $476 million contract award will ensure that the U.S. Army's Chinook fleet has spare engines to support future missions and available engines for Boeing's Philadelphia Production Line through 2024 to serve the U.S. Army and foreign partner nations' new aircraft requirements. The engines will be assembled and tested at Honeywell's production facility at the company's Aerospace global headquarters in Phoenix.

"Supporting the U.S. Army Chinook Program is a bedrock principle for Honeywell Aerospace," said Steven Williams, vice president of Defense Aftermarket, Honeywell Aerospace. "Our mission is manufacturing, maintaining, and modernizing T55 engines for the critical heavy-lift mission, and we take this mission seriously. We are very proud to continue our strong relationship with PEO Aviation, the U.S. Army and our warfighter."

Securing this engine production contract follows a milestone year for the T55 engine. In 2020, Honeywell won a competitive repair and overhaul contract for the T55. In addition, Honeywell completed a new, world-class engine repair and overhaul facility in Phoenix. That move allows the repair and overhaul work on the T55-GA-714A engine to be fulfilled in the same location as new engine production. The T55 center of excellence provides for a shared workforce, facilities, and engineering resources between both engine lines and delivers up to 20 engines per month to the U.S. Army, foreign military and commercial customers.

Also in 2020, Honeywell entered into a cooperative research and development agreement (CRADA) with the U.S. Army to demonstrate and fly its upgraded T55-GA-714C engine on the heavy-lift, twin-engine CH-47F Chinook helicopter. The new 6,000-horsepower engine is 23% more powerful and consumes 9% less fuel than the current T55. New modifications also make the next-generation T55 easier to maintain with lower operating costs and increased readiness for the warfighter. Work is ongoing now in phase 1 of the program, and ground and flight demonstrations are expected to begin in 2022. The new 714C variant of the T55 is designed to be affordably incorporated into the 714A as an upgrade kit during overhaul at Honeywell's R&O Center of Excellence or at the Army's Corpus Christi Army Depot.

As a world leader in heavy lift, the CH-47F Chinook helicopter is used by the U.S. Army to support domestic and foreign operations by hauling troops and cargo all over the world. Since 1961, Honeywell has improved the horsepower of the T55 engine by 133%. Each improvement has decreased the engine's fuel consumption and lowered the maintenance burden to increase aircraft readiness.

About Honeywell

Honeywell Aerospace products and services are found on virtually every commercial, defense and space aircraft. The Aerospace business unit builds aircraft engines, cockpit and cabin electronics, wireless connectivity systems, mechanical components and more. Its hardware and software solutions create more fuel-efficient aircraft, more direct and on-time flights and safer skies and airports. For more information, visit www.honeywell.com or follow us at @Honeywell_Aero.

Honeywell (www.honeywell.com) is a Fortune 100 technology company that delivers industry-specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.

Contacts:

Media                                                                                      
Adam Kress                                                                             
(602) 760-6252
adam.kress@honeywell.com 

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SOURCE Honeywell

FAQ

What is the value of the contract Honeywell secured for the T55-GA-714A engines?

Honeywell secured a $476 million contract for the T55-GA-714A engines.

What is the duration of the new contract awarded to Honeywell for the CH-47 Chinook helicopters?

The contract awarded to Honeywell is for a duration of 4 years.

Where will the T55-GA-714A engines be manufactured?

The T55-GA-714A engines will be manufactured at Honeywell's facility in Phoenix.

What improvements does the new T55-GA-714C engine offer?

The T55-GA-714C engine offers 23% more power and 9% better fuel efficiency compared to the T55-GA-714A.

How does Honeywell support the U.S. Army through this contract?

Honeywell's contract ensures the availability of spare engines for the U.S. Army's Chinook fleet, supporting future missions.