Honeywell EGPWS Deliveries Reach 30,000 Units; System Has Provided Timely Alerts in More Than 30 Incidents; Sales Are at an All-Time High. | Business News and Press Releases from AllBusiness.com
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FARNBOROUGH, England -- Honeywell (NYSE:HON) announced today that it has delivered more than 30,000 of its Enhanced Ground Proximity Warning Systems (EGPWS).

"EGPWS has been one of the biggest success stories in the history of aviation, but its business success is only a part of its total success story," said Frank Daly, President of Honeywell Air Transport Systems. "Perhaps the most important part of the story is that EGPWS is contributing immensely to air safety.

"Since the introduction of EGPWS in 1996, Honeywell has received reports of more than 30 incidents where the EGPWS gave an alert and provided pilots with timely awareness of terrain in situations that could have otherwise ended much less happily," said Daly. "There undoubtedly have been other incidents that we don't know about.

"As a result of EGPWS, the risk of controlled flight into terrain (CFIT) is now 50 times less in Western Europe and North America than it was in 1991," Daly said. "Unfortunately, the CFIT rate is unchanged or even higher in parts of Asia, South America and Africa where EGPWS installations are not as prevalent."

The demand for EGPWS continues to climb. Examples of 2004 fleet purchases include Mesa Airlines (70 aircraft), US Airways Express (44 aircraft), Egyptair (31 aircraft), Avianca (25 aircraft), and JAT (13 aircraft).

The primary function of EGPWS is to reduce CFIT, which occurs when a properly functioning airplane is inadvertently flown into the ground or water, usually in poor visibility conditions. An EGPWS monitors the airplane's location and altitude, providing a map-type display of surrounding terrain and sounding an audible alert if the airplane approaches too close to terrain, a body of water or a tall structure.

Honeywell International is a $23 billion diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; specialty chemicals; fibers; and electronic and advanced materials. Based in Morris Township, N.J., Honeywell's shares are traded on the New York, London, Chicago and Pacific Stock Exchanges. It is one of the 30 stocks that make up the Dow Jones Industrial Average and is also a component of the Standard & Poor's 500 Index. For additional information, please visit www.honeywell.com

Based in Phoenix, Honeywell's aerospace business is a leading global provider of integrated avionics, engines, systems and service solutions for aircraft manufacturers, airlines, business and general aviation, military, space and airport operations.

This release contains forward-looking statements as defined in Section 21E of the Securities Exchange Act of 1934, including statements about future business operations, financial performance and market conditions. Such forward-looking statements involve risks and uncertainties inherent in business forecasts as further described in our filings under the Securities Exchange Act.

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