• Honeywell Aerospace lowers 2026 sales growth forecast to 4-5%.
• Company cites supply-chain hurdles and prioritization of original equipment deliveries.
• Adjusted earnings per share projected at $7.60 to $7.90, below analyst estimates.
• Second-quarter adjusted profit per share fell 32% to $1.87.

Honeywell Aerospace's reduced forecast may indicate that supply-chain woes could impact the aerospace industry's ability to meet growing demand. The company's prioritization of original equipment deliveries over aftermarket sales suggests a shift in focus towards supporting major planemakers like Boeing and Airbus, which could have implications for the industry's supply chain and profitability.