Honeywell Aerospace Shifts Focus to Supply Chain Execution Amid Strong Demand
Honeywell Aerospace is shifting its focus to supply chain execution as it transitions into an independent business. According to President and Chief Executive Jim Currier, demand remains strong across commercial transport, business aviation, and defense markets, but supply constraints are holding back deliveries.
The company has invested over $1 billion in its supply base since August 2023 and is pushing for more investment, faster decision-making, and tighter execution. Honeywell Aerospace has a deep backlog and broad market exposure, with commercial aftermarket accounting for about 40% of sales and the electronics portfolio representing about 40% of the total business.
The company expects growth of 6% to 8% across its three end markets: commercial original equipment, commercial aftermarket, and defense. Currier said Honeywell Aerospace has improved its share of selectable content on new aircraft wins, capturing 60% of available value over the last 4,000 aircraft wins, up from a historical rate of about 40%. The company is also investing $100 million in a dedicated circuit card assembly line at its Olathe facility to support electronics insourcing.