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Honeywell Receives Potential $1.1 Billion Deal From Army For Upgraded Abrams Tank Engines

Honeywell Receives Potential $1.1 Billion Deal From Army For Upgraded Abrams Tank Engines
U.S. Soldiers, assigned to the 2nd Brigade, 1st Cavalry Division, secure their Battalion headquarters in a M1 Abrams Tank, during Decisive Action Rotation 17-04 at the National Training Center in Fort Irwin, Calif., Feb 19, 2017. (U.S. Army photo by Spc. JD Sacharok, Operations Group, National Training Center)

The Army has awarded Honeywell [HON] a potential five-year, $1.1 billion deal to continue providing upgraded turbine engines for M1 Abrams tanks. Honeywell said Monday has received an initial $125 million order for the Total InteGrated Engine Revitalization (TIGER) III base contract. “[The] AGT1500 engine in the M1 Abrams tank provides superior power and torque, low noise, and smokeless operation, contributing to the tank’s unmatched combat performance,” the company wrote in a statement. The latest TIGER award is aimed at…

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