Eaton (ETN) is definitely not overvalued! Message Board

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Technology Stocks : Eaton (ETN) is definitely not overvalued!

ETN 381.60

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From: JakeStraw	4/14/2010 10:05:43 AM
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Eaton Wins U.S. Air Force Power Reliability Contract finance.yahoo.com Wednesday April 14, 2010, 9:51 am CLEVELAND--(BUSINESS WIRE)--Diversified industrial manufacturer Eaton Corporation (NYSE:ETN) today announced that it has been awarded a contract to provide the U.S. Air Force’s Air Logistics Center (ALC), at the Hill Air Force Base, Utah, power reliability products and complete turnkey services including engineering, project management, system integration, installation, training and onsite maintenance services. The win could be worth as much as $568.7 million and will be divided among two suppliers over the life of the five-year contract with one single two-year option period. Eaton’s Electrical Service & Systems Division’s Federal Systems Business Unit will manage the work for the contract.

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