Honeywell Commercial Aerospace Sales See Double-Digit Gain
April 15
00:00
2006
Honeywell Commercial Aerospace Sales See Double-Digit Gain
Jason Sandefur
Honeywell Inc. reported commercial aerospace sales, including fasteners, rose 10% during the first quarter of 2005, offset by a 1% decline in aerospace sales to government agencies. Overall Q1 aerospace sales grew 5% to $2.63 billion, while segment profit increased 5.8% to $440 million.
Overall Honeywell sales improved 12.3% to $7.24 billion, while net income jumped 22% to $436 million. Web: honeywell.com �2006 FastenerNews.com
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