What Happened
Newly Spun-Off Company Faces Challenges In Meeting Surging Demand
Honeywell Aerospace, which debuted on the Nasdaq in June after spinning off from Honeywell, has cut its 2026 sales growth forecast due to persistent supply-chain hurdles. The company is prioritizing original equipment deliveries to Boeing and Airbus, diverting output from its higher-revenue aftermarket business. CEO James Currier acknowledged that the company’s actions to address supply-chain issues have not been sufficient, and it is increasing spending on multi-sourcing and in-sourcing initiatives. The news was first reported by Reuters.