Honeywell International

Honeywell International Inc. (Nasdaq: HON) is a diversified technology and manufacturing company headquartered in Charlotte, North Carolina. Founded in 1885, Honeywell operates through four business segments: Aerospace, Automation and Control Solutions, Performance Materials and Technologies, and Transportation Systems. The company provides a wide range of products and services including aerospace systems, building technologies, performance materials, and safety and productivity solutions. Honeywell was listed on the New York Stock Exchange in 1927 and reported annual revenue of USD 38.5 billion to USD 39.3 billion for 2024.

Honeywell's product portfolio includes:

• Aerospace products: Integrated avionics, engines, systems and service solutions for aircraft manufacturers, airlines, military and space operations.

• Automation and control solutions: Environmental controls, security systems, fire alarms, building management systems and industrial process controls.

• Performance materials: Specialty chemicals, advanced fibers, fluorine products and other high-performance materials.

• Transportation systems: Turbochargers, thermal systems and brake products for automotive applications.

In June 2024, Honeywell completed the USD 4.95 billion acquisition of Carrier's Global Access Solutions business, strengthening its building automation segment. This added LenelS2's commercial access solutions, Onity's electronic locks, and Supra's cloud-based lockboxes to Honeywell's security portfolio. The company expects this acquisition to be accretive to earnings in the first full year. For 2024, Honeywell projects organic sales growth of 4% to 6% and adjusted earnings per share of USD 10.15 to USD 10.45. The company continues to focus on three key megatrends - automation, the future of aviation, and energy transition - to drive its long-term strategy and growth.