Honeywell Hits Turbulence in Aerospace Market, but Sees Brighter Horizon in 2017

SUGAR LAND--October 24, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--Surprisingly weak market conditions in September and a lackluster performance in its aerospace division led to a slight dip in third-quarter 2016 earnings for multinational conglomerate Honeywell International (NYSE:HON) (Morris Plains, New Jersey), which also notched down its sales expectations for the year. But executives remained optimistic about 2017, citing new product launches and projecting stronger demand from the Power Generation Industry. Industrial Info is tracking $35.38 billion in active projects related to Honeywell.

Within this article: Details on Honeywell's hurdles in third-quarter 2016 and its highest-valued active projects.