AlliedSignal Aerospace to Provide Wheels and Brakes for Korean Air's Fleet of Boeing 737-Next Generation Airplanes.SOUTH BEND South Bend, city (1990 pop. 105,511), seat of St. Joseph co., N Ind., on the great south bend of the St. Joseph River, in a farming and mint-growing region; inc. as a city 1865. , Ind.--(BUSINESS WIRE)--April 7, 1999--AlliedSignal Inc. (NYSE NYSE See: New York Stock Exchange :ALD ALD abbr. adrenoleukodystrophy ALD, n.pr See adrenoleukodystrophy. ALD aldolase. ) Wednesday announced that it has won a contract with Korean Air  This article or section is written like an .Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . to provide wheels and brakes for the airline's future fleet of Boeing 737-Next Generation airplanes. Terms of the agreement were not disclosed. Korean Air has ordered a total of 27 new 737 airplanes, the first of which is scheduled to enter service in early 2000. "The selection of our Bendix wheel and brake system for Korean Air's 737-Next Generation aircraft demonstrates its continued popularity with airlines around the world," said Carl Montalbine, vice president and general manager, AlliedSignal Aircraft Landing Systems unit. "Our customers know they can count on our wheels and brakes for high performance and proven reliability." AlliedSignal Aerospace is the largest supplier of aircraft engines, equipment, systems and services for commercial transport, regional, general-aviation and military aircraft. The parent company, AlliedSignal Inc., with headquarters in Morris Township, N.J., is a $15 billion, advanced-technology and manufacturing company serving customers worldwide with aerospace and automotive products, chemicals, fibers, plastics and advanced materials. The company employs 70,400 people worldwide. AlliedSignal is a component of the Dow Jones Industrial Average Dow Jones Industrial Average The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange. and Standard and Poor's Noun 1. Standard and Poor's - a broadly based stock market index Standard and Poor's Index 500 Index, and was named by Fortune magazine as the most-admired aerospace company, both in the United States and globally. Fortune also included AlliedSignal in its list of the "100 Best Places To Work In America." Forbes Global listed AlliedSignal in 1999 as the world's best diversified company diversified company A company engaged in varied business operations not directly related to one another. A diversified company is less likely to suffer either a collapse or a spectacular gain in earnings compared with a firm concentrating its operations in a . More information on AlliedSignal is available on the World Wide Web at http://www.alliedsignal.com. 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. |
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