As Honeywell Aerospace readies for its standalone debut, its CEO is forecasting big growth

Impact · against what's priced in

The upcoming spin-off of Honeywell Aerospace provides concrete financial targets ($6.5B earnings by 2030) that create a new valuation benchmark for the business. While the record backlogs from Boeing and Airbus are positive, the primary catalyst is the removal of the conglomerate discount and the shift to a pure-play aviation and defense model.

BA+0.10

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