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Ontic Signs License Agreement for 300 Products with Honeywell

Dépèche transmise le 6 décembre 2011 par Business Wire

Ontic Signs License Agreement for 300 Products with Honeywell

CHATSWORTH, Calif.--(BUSINESS WIRE)--Ontic, the aerospace industry’s leading performance-driven producer of licensed and/or acquired OEM legacy products and systems, has signed a new license with Honeywell. This latest agreement continues a 28 year licensing relationship between the two companies.

“Ontic’s focus on the lifetime support of legacy products for OEMs like Honeywell assures that their customers will be supported for as long as they have a need for the products entrusted to us. Ontic refers to product transition as “adoption”

The license is for the new manufacture and repair of 300 products that will transition to Ontic from 8 Honeywell divisions in the United States. The products include electronic assemblies and microcircuits, electro-mechanical assemblies and mechanical assemblies. Ontic will support the products from their Chatsworth, California facility. Aircraft platforms that utilize the products include Boeing F/A-18 A/D Hornet, Boeing B-1B Lancer, and Sikorsky UH-60 Blackhawk.

Peg Billson, President of BBA Aviation’s Ontic, stated that "Ontic’s focus on the lifetime support of legacy products for OEMs like Honeywell assures that their customers will be supported for as long as they have a need for the products entrusted to us. Ontic refers to product transition as “adoption”, and as the “adoption” company, managing transitions from multiple locations is something we do every day. Legacy electronics and avionics have been a large growth area reflected in recent Ontic licenses and acquisitions, making all of the products in this license an excellent fit. We look forward to the continuation of our mutually successful relationship with Honeywell through the addition of these products to our license portfolio."

Ontic’s global legacy focus is supported from manufacturing and MRO facilities in Chatsworth, California; Houston, Texas; Slough and Cheltenham in the United Kingdom; and another Ontic location opening in Singapore in 2012.

Ontic is a wholly owned subsidiary of BBA Aviation plc, with over 50 years of aerospace product manufacturing and aftermarket support experience. Ontic has been licensed worldwide manufacturing rights from Honeywell, Hamilton Sundstrand, Goodrich, Moog, Parker, Eaton and a number of other aerospace original equipment manufacturers.

BBA Aviation plc is a leading global aviation support and aftermarket services provider with market leading businesses and attractive growth opportunities. BBA Aviation's Flight Support businesses (Signature Flight Support and ASIG) are focused on refuelling and ground handling of business and commercial aviation aircraft. Its Aftermarket Services and Systems businesses (Dallas Airmotive, Premier Turbines, H&S Aviation, International Turbine Service, Barrett Turbine Engine Company, International Governor Services, Ontic and APPH) are focused on the repair and overhaul of jet engines and the manufacture and service of aerospace sub-systems and components. For more information, please visit www.bbaaviation.com.