Honeywell Aerospace reported higher second-quarter sales following its separation from Honeywell International and raised parts of its 2026 financial outlook as it begins operating as an independent company.
Second-quarter sales rose 5% year over year on both a reported and organic basis, while backlog increased 9% to US$18.2 billion. Orders over the past 12 months climbed 8%, supported by continued strength in the defence and space business.
The company raised its full-year 2026 guidance for organic sales and pro forma standalone adjusted EBIT, introduced adjusted earnings per share guidance and maintained its second-half free cash flow outlook.
Adjusted EBIT fell 7%, reflecting around US$100 million in separation-related costs and inventory obsolescence charges.
Commercial aftermarket sales increased 8% to US$2.0 billion, driven by broad-based demand and higher business aviation flight hours. Commercial original equipment sales rose 6% to US$700 million, while defence and space revenue grew 3% to US$1.8 billion, with higher domestic demand partly offset by supply constraints and lower international volumes.
CEO Jim Currier said the spin-off marks a key milestone for the company, adding that Honeywell Aerospace is focused on strengthening its supply chain, accelerating growth and meeting its 2030 financial targets.
