How did Honeywell's Aerospace segment perform in Q4 2024 compared to previous quarters?

Honeywell's Aerospace segment showed strong performance in Q4 2024, driven by solid demand in commercial aviation and defense: 1. **Commercial Aviation Market Strength**: The segment's commercial aviation aftermarket sales increased by 8% year-over-year, driven by robust demand in the air transport and business aviation markets. Additionally, sales from the commercial aviation original equipment business grew by 10% year-over-year, backed by improved build rates and increased air transport hours. 2. **Organic Sales Growth Expected**: For 2024, Honeywell expects organic sales in the Aerospace Technologies segment to be up in low double digits, with double-digit growth anticipated in both commercial aviation and defense and space businesses. 3. **Strategic Acquisitions**: The segment's performance was bolstered by recent acquisitions. In October 2024, the acquisition of Civitanavi Systems S.p.A. was completed for about €200 million, enhancing Honeywell's portfolio of aerospace navigation solutions. These acquisitions are aligned with Honeywell's strategy to strengthen and expand its businesses through tactical acquisitions. Overall, Honeywell's Aerospace segment demonstrated robust growth in Q4 2024, building on the momentum from previous quarters, and is well-positioned for future growth driven by strategic market focus and acquisitions.