AlliedSignal Receives Eagle of Excellence Award From Pratt & Whitney.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)--Jan. 27, 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 received the Pratt & Whitney Eagle of Excellence award for "Most Valuable F119 Subcontractor" on the F119 engine program. The award was presented to the Engines Systems and Accessories unit of AlliedSignal Aerospace Equipment Systems. In giving the award, Pratt & Whitney lauded AlliedSignal for its cost management, product quality, and responsiveness to design changes during the time period beginning March 1997 through August 1998. Among its accomplishments were product cost reductions and the completion of qualification testing in an aggressive 13-month schedule. "We've tackled many challenges during the course of this seven-year program," said Paul Komaromy, vice president and general manager of Engine Systems and Accessories. "Along the way the team has been diligent in looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. ways to reduce product cost, quickly and successfully redesign components, deliver product on time and stay within budget." Engine Systems and Accessories supplies hydromechanical components for the F119 engine from its facilities in South Bend and Rocky Mount, N.C.: the main engine and afterburner afterburner Second combustion chamber in a turbojet or turbofan engine, immediately in front of the engine's exhaust nozzle. The injection and combustion of extra fuel in this chamber provide additional thrust for takeoff or supersonic flight; in most cases, the afterburner fuel controls, an anti-ice valve, and an exhaust cooling air flow actuator. The F119 engine will be used on the F-22 Raptor advanced tactical fighter The Advanced Tactical Fighter (ATF) contract was a demonstration and validation program undertaken by the United States Air Force to develop a next-generation air superiority fighter to counter emerging worldwide threats, including development and proliferation of Soviet-era Su-27 as well as both Joint Strike Fighter Concept Demonstrator Aircraft. Aerospace Equipment Systems manufactures a wide variety of aerospace systems and components, including wheels and brakes, environmental control systems, power systems, lighting, and engine systems and accessories. AlliedSignal is an advanced technology and manufacturing company serving customers worldwide with aerospace and automotive products, chemicals, fibers, plastics and advanced materials. It is one of the 30 stocks that make up 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 is also a component of the Standard & Poor's 500 Index. The company employs 70,400 people in some 40 countries. AlliedSignal was named the 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 by Forbes global magazine; the most admired global aerospace company by Fortune magazine; and one of the 100 best companies to work for by Fortune. Additional information on the company is available 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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