Honeywell Aerospace CEO Jim Currier addressed the Jefferies Global Industrials Conference regarding the company's current outlook. Strong demand across commercial, business aviation, and defense segments supports a backlog exceeding $18 billion.
Supply chain constraints currently limit output and deliveries. The company identified bottlenecks with 70 critical suppliers, including 10 severe cases.
Honeywell invested over $1 billion in its supply base since August 2023 to improve capacity. Management implemented direct CEO oversight and weekly follow-ups with suppliers to improve execution.
The company designated 2026 as a reset year. Management expects clearer improvements in output and margins by 2027.