Honeywell (HON) Rides on Business Strength Amid Headwinds
Honeywell(HON) zacks.com·2024-05-16 23:00
Honeywell International Inc. (HON) has been benefiting from strength in its commercial aviation original equipment and aftermarket businesses, driven by solid demand in the aviation market. Also, solid momentum in the company's defense and space business owing to stable U.S. and international defense spend volumes has been driving its Aerospace segment. The company's Building Automation segment has been gaining from strong demand for building solutions and a robust backlog level. Strength in advanced materi ...