HON · Honeywell International, through its subsidiary National Technology &…

Honeywell International, through its subsidiary National Technology & Engineering Solutions of Sandia, LLC, received a $629M modification to its Department of Energy contract for management and operation of Sandia National Laboratories. This modification represents approximately 3.15% of Honeywell's annualized revenue, providing a material but not transformative boost to the company's government services revenue stream.

• Modification 315 to contract DENA0003525 valued at $629,144,563.09
• Awarded by Department of Energy for management and operation of Sandia National Laboratories
• Recipient is National Technology & Engineering Solutions of Sandia, LLC, a Honeywell subsidiary
• Modification represents approximately 3.15% of Honeywell's annualized revenue of $19.976B