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TMCNet: Honeywell and Inmarsate sign agreement to provide in-flight connectivity services

[April 18, 2012]

Honeywell and Inmarsate sign agreement to provide in-flight connectivity services

Apr 18, 2012 (AIRLINE INDUSTRY INFORMATION via COMTEX) -- Honeywell (NYSE:HON) and Inmarsat (LSE:ISAT.L) on Wednesday announced that they have signed an exclusive agreement for the provision of global in-flight connectivity services to business, commercial, and government aviation customers around the world.

Under the terms of the agreement, Honeywell will be responsible for the development, production, and distribution of the on board hardware that will enable users to connect to Inmarsat's Global Xpress network.

This exclusive agreement is estimated to represent USD2.8bn for Honeywell in sales of hardware, customer service, and maintenance to airlines, government entities and original equipment manufacturers (OEMs) over the coming two decades.

Global Xpress is scheduled for launch next year, with global service for commercial, business aviation, and government customers expected to be available in 2014.

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