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Honeywell Aerospace aims for $6.5B earnings by 2030 after spin-off from parent conglomerate.

Market News
03 Jun 2026
CNBC
View Source
Bullish
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Honeywell Aerospace is set to become a standalone company later this month, focusing solely on aviation and defense technologies. CEO Jim Currier projects earnings growth with targets of $6.5 billion in annual earnings and $4 billion in free cash flow by 2030. The spin-off aims to unlock value by having a dedicated management team focused on one mission, improving capital allocation and growth prospects. Despite recent supply chain challenges linked to geopolitical issues, the company expects strong demand in commercial aviation and defense markets to drive future growth.

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