As Honeywell Aerospace readies for its standalone debut, its CEO is forecasting big growth
Honeywell Aerospace is preparing for its standalone debut with optimistic growth forecasts. The company aims for annual sales growth of 6% to 8% and earnings growth of 9% through 2030. However, it has faced challenges with key suppliers due to recent geopolitical issues, which executives claim have been resolved.
- ▪Honeywell Aerospace is focused on the growth of commercial aviation and the defense industry.
- ▪The company is targeting organic annual sales growth of 6% to 8% through 2030.
- ▪Recent challenges with key suppliers were linked to the war in the Middle East, affecting its divisions in January and February.
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For investors, Honeywell Aerospace represents a pure play on the growth of commercial aviation and the defense industry. That focus on aviation and defense has paid off for GE Aerospace, which has seen its stock jump about 125% since it became a standalone company in April 2024, easily outpacing the S&P 500 — up almost 45% over the same timeframe — and Honeywell, which is up almost 20%. Currier believes Honeywell Aerospace has the team and technologies to capitalize on the expected continued demand for air travel worldwide.
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