Honeywell (HON) to Gain From Business Strength Amid Risks
HONHoneywell(HON) ZACKS·2024-06-18 22:41

Honeywell International Inc. (HON) has been witnessing solid momentum in its commercial aviation original equipment and aftermarket businesses, driven by solid demand in the aviation market. Strength in the company’s defense and space business, supported by stable U.S. and international defense spend volumes, have been driving its Aerospace segment. Also, solid demand for building solutions and a robust backlog level have been driving its Building Automation segment. Exiting the first quarter, its overall b ...