Honeywell's aerospace segment revenues rose by $558 million, an 18% increase from the same quarter last year, company executives announced today. “Organic growth was led by double-digit growth in both our commercial aviation and defense and space businesses," Vimal Kapur, chief executive officer of the company, said in a company statement. Kapur attributed the increase to the stabilization of the supply chain, calling it the “biggest variable” in the aerospace industry and citing increased orders in the U. S. and...
