Aerospace Suppliers See Boom in Business Despite Supply Chain Challenges

A boom in aerospace and defense manufacturing has led to even troubled companies making money. Honeywell Aerospace, which spun off as a stand-alone company on June 29, reported second-quarter financial results on August 5. The Tier 1 supplier's leaders noted that despite unique supply chain issues, the business is booming.

Aviation Week Network's Executive Editor for Business, Michael Bruno, reports that most major aerospace suppliers are raising their outlooks. This includes Honeywell Aerospace, which has faced challenges in its supply chain. Despite these difficulties, the company made money during a period when business was so good that even troubled companies were profitable.