Honeywell (HON) Boasts Strong Prospects Despite Headwinds
HONHoneywell(HON) ZACKS·2024-08-22 02:00

Honeywell International Inc. (HON) is experiencing strength in its commercial aviation aftermarket business driven by solid demand in the air transport and business aviation markets. Also, strength in the company’s commercial aviation original equipment business, backed by an improvement in build rates and an increase in air transport hours, has been favorable. In the quarters ahead, it expects the Aerospace segment to benefit from strong demand in commercial aviation, growth in air transport flight hours a ...