Bombardier CEO sees Honeywell Aerospace spinoff as positive for supply chain

Bombardier’s CEO said there is a benefit if Honeywell spins off its aerospace division, and noted that the U.S. supplier of engines and avionics has improved performance over the past year. The comments are constructive for Honeywell’s aerospace outlook and suggest a cleaner strategic setup could be value-accretive. The article is largely commentary and is unlikely to move the market materially on its own.

Analysis

Bombardier’s CEO said there is a benefit if Honeywell spins off its aerospace division, and noted that the U.S. supplier of engines and avionics has improved performance over the past year. The comments are constructive for Honeywell’s aerospace outlook and suggest a cleaner strategic setup could be value-accretive. The article is largely commentary and is unlikely to move the market materially on its own.