Honeywell Aerospace Sees Revenue Growth Amid Supply Chain Challenges
Honeywell Aerospace (HONA) reported its second-quarter earnings for 2026, showing net sales of $4.52 billion, a 5% increase from the same period last year on both reported and organic bases.
The company's adjusted EBIT decreased by 7% to $995 million compared to the prior year, mainly due to inventory charges and separation costs. Adjusted earnings per share (EPS) also declined by 32% to $1.87 from the second quarter of 2025.
Honeywell Aerospace's backlog increased by 9% to $18.15 billion compared to the prior year, driven by sustained demand across both commercial and defense portfolios.