Honeywell Aerospace faces parts shortage as backlog grows 12% to $19.3B

Honeywell Aerospace faces a shortage of castings, forgings, bearings and other parts as demand outpaces its ability to make parts. Its backlog grew 12% in a year to $19.3 billion, and the CFO said growth this year would have been higher without the constraint.

Detected & updated continuously · Source: Nebula