Core Insights - Honeywell International Inc. (HON) is experiencing strong growth in its Aerospace Technologies segment, with organic revenues increasing by 13.2% year over year in the first nine months of 2025, representing over 42% of its total business [1][8] Aerospace Technologies Segment - The growth in the Aerospace Technologies segment is driven by robust demand in the commercial aviation aftermarket, which saw organic sales rise by 13.1% year over year in the same period [2] - Recovery in the commercial aviation original equipment (OEM) business is also noted, supported by increased production and reduced customer destocking [2] - The defense and space business is benefiting from heightened U.S. and international defense spending, driven by the current geopolitical climate [3] Future Outlook - Honeywell anticipates maintaining strong demand momentum in the upcoming quarters, with expectations of high-single-digit to low-double-digit organic sales growth in the Aerospace Technologies segment for the full year 2025 [4][8] Peer Comparison - Howmet Aerospace Inc. (HWM) reported a 24% year-over-year increase in revenues from its defense aerospace market in Q3 2025, which accounted for 17% of its total sales, driven by demand for engine spares related to the F-35 program [5] - Textron Inc. (TXT) experienced a 10% year-over-year revenue growth in its Aviation business unit in Q3 2025, supported by improving commercial air passenger traffic and a backlog of $7.7 billion [6] Valuation and Estimates - Honeywell's shares have decreased by 3.8% over the past year, contrasting with a 0.5% decline in the industry [7] - The company is currently trading at a trailing price-to-earnings ratio of 18.94X, above the industry average of 14.22X, and holds a Value Score of D [9] - The Zacks Consensus Estimate for Honeywell's 2025 earnings has increased by 0.2% over the past 60 days [10]