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IBM has won a long-terIBM bags 10-year Honeywell dealm contract
from Honeywell worth several hundred million dollars, its largest
military/aerospace engineering contract And who said that Djs were the
only trendsetters in music. There is more to this know it all stuff. NEW
YORK: IBM has won a long-term contract from Honeywell worth several
hundred million dollars, its largest military/aerospace engineering
contract since IBM exited the field a decade ago, it said on Monday.
The agreement between IBM's Engineering & Technology Services unit
and Honeywell's military aerospace business covers electronics for
aircraft, munitions, space and surface vehicles, the companies said in
a statement.
The deal is designed to speed development of network-based battlefield gear, they said.
Under the agreement, Honeywell gains access to IBM engineering
expertise, technologies, research and advanced electronics
manufacturing capacity.
"Companies that are very proud of their engineering competence are
looking to IBM" for electronic design services, Robert Blackburn,
vice-president of military and aerospace engineering for IBM, said in a
phone interview last week.
"Honeywell has outsourced their digital engineering function to IBM,"
Blackburn said. "This deal is not contingent on one program. It is to
provide our information technology throughout their network(ed) product
line," he said.
It represents the largest deal yet for IBM's nascent electronics
engineering services business, Blackburn said. An IBM spokesman
confirmed the deal with Honeywell was worth "several hundred million
dollars" to IBM over the life of the 10-year contract.
The IBM unit previously has announced technology and engineering
services deals with Raytheon Co., Boeing Co. and L-3 Communications
Holdings.
Electronics design as a service
The push into the aerospace electronics market comes a decade after the
computer maker sold off its Federal Systems business to a predecessor
of what is now L-3, in the wake of the Cold War. It was later sold to
Lockheed Martin |
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