September 5, 2012
Honeywell secures major engine contract from Israel Ministry of Defense
Honeywell, as part of the International Turbine Engine Company, has signed a contract to supply its F124-GA-200 turbofan engines for the Israel Ministry of Defense’s (IMOD) new 30-strong Alenia Aermacchi M-346 Master advanced jet trainer fleet. The contract is worth approximately $735m and includes engine supply and aftermarket support. The purchase of the F124-powered M-346 by the IMOD comes at a time when numerous defence departments, including that of the United States, are evaluating new training platforms to simulate the latest fighter aircraft such as the F-22, F-35, Eurofighter, Gripen and Rafale.