Honeywell Aerospace Stock Plummets on Supply-Chain Woes

Honeywell Aerospace's stock plummeted 24% on August 6, 2026, following its first standalone quarterly report. The company cited supply-chain issues as the primary cause of slower sales and reduced its outlook for the rest of 2026.

Honeywell Aerospace reported second-quarter sales of $4.52 billion, a 5% increase from the same period last year. However, demand remained strong, but shortages of mechanical parts limited equipment delivery to aircraft manufacturers, airlines, and defense customers.

Chief Financial Officer Josh Jepsen attributed the cut in expectations mainly to suppliers failing to ramp up production as quickly as expected. Honeywell Aerospace now expects adjusted earnings between $7.60 and $7.90 per share for the year, down from its earlier forecast of $4.70 billion in operating profit.