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CLAIM #30556 · Honeywell International Inc (HON) · 2025Q2 earnings call · Jul 24, 2025 · due Dec 31, 2025

And like I said, I'm quite confident about the high single-digit growth on revenue for the rest of the year.

Mike Stepniak · CFO

CANNOT_DETERMINE
versus commitment · official band 5 percent
Committed
high single-digit growth on revenue for the rest of the year
Reported
led by double-digit growth in aerospace

In context

pments to normalize to the OE build rates in the second half. So I feel very confident that you'll see better OE profile from us in the second half. But like I said, we feel quite bullish on Aero performance for the year. From a margin standpoint, as we talked earlier, we were integrating CAES, and that's about 100 bps drag for us year-over-year. That's going to start to normalize in the next year. CAES, by the way, is growing revenue this year at high double digits, so it's ahead of our pro forma. Really encouraged by that. And we also year-over-year are putting about $200 million of incremental R&D into the Aerospace business to help support our NPI growth and new revenue next year. So I think in the second half, margin profile for Aero will be better than what you've seen this quarter. And like I said, I'm quite confident about the high single-digit growth on revenue for the rest of the year. Vimal M. Kapur: The only thing, Julian, I'll add is everything what Mike said is all transitionary issue items. If you see the margin-related discussions we have, the OE mix as a transition because of the destocking, R&D is -- we evaluate it to a level we can perform for the future. So that's going to become new normal. And then CAES acquisition is only going to become a tailwind in the future. So these are not your other question, is that a new baseline. Answer is no, because these issues are transitionary, and we have very high confidence on the Aero margin projections we have laid out. Julian C.H. Mitchell: Got it. And just following up on that, Vimal. So the sort of R&D hike, you think by the end of this year, kind of R&D to sales in Aero shouldn't be a headwind next year, and then CA

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SEC filings for HON · Claim quote is verbatim from the 2025Q2 earnings call.