Business Wire
BusinessReport: Exxon Mobil joins bidders for Shell’s U.S. chemicals assets, a potential shift for XOM’s refining-and-chemicals outlookThe Apex TimesBusinessUPS says its reorganization will lean more heavily on global logistics than domestic parcel operationsThe Apex TimesBusinessGeneral Dynamics shares fall more than the broader market in late-session tradingThe Apex TimesBusinessEli Lilly to buy Merdia Biosciences in a deal valued at up to $2.88 billion, indicating renewed focus on pipeline expansionThe Apex TimesBusinessNvidia hardware momentum meets a new choke point: copper, not cash, HIVE Digital’s Frank Holmes saysThe Apex TimesBusinessBroadcom’s Sept. 2 earnings set up a high-stakes test for its AI narrativeThe Apex TimesBusinessPalantir CEO Alex Karp pushes back on “tokenmaxxing,” pitching real-world AI value over hypeThe Apex TimesBusinessFTC and 22 states sue Amazon, alleging inflated prices in online ads schemeThe Apex TimesBusinessTesla shares rise after investors refocus on long-term autonomous driving potentialThe Apex TimesBusinessTim Cook’s final day as Apple CEO caps a 15-year push into services, wearables and paymentsThe Apex TimesBusinessNetflix announces new original comedy led by Camila Pitanga and Sergio GuizéThe Apex TimesBusinessWall Street stays upbeat on GE Aerospace after the shares outpace the NasdaqThe Apex TimesBusinessReport: Exxon Mobil joins bidders for Shell’s U.S. chemicals assets, a potential shift for XOM’s refining-and-chemicals outlookThe Apex TimesBusinessUPS says its reorganization will lean more heavily on global logistics than domestic parcel operationsThe Apex TimesBusinessGeneral Dynamics shares fall more than the broader market in late-session tradingThe Apex TimesBusinessEli Lilly to buy Merdia Biosciences in a deal valued at up to $2.88 billion, indicating renewed focus on pipeline expansionThe Apex TimesBusinessNvidia hardware momentum meets a new choke point: copper, not cash, HIVE Digital’s Frank Holmes saysThe Apex TimesBusinessBroadcom’s Sept. 2 earnings set up a high-stakes test for its AI narrativeThe Apex TimesBusinessPalantir CEO Alex Karp pushes back on “tokenmaxxing,” pitching real-world AI value over hypeThe Apex TimesBusinessFTC and 22 states sue Amazon, alleging inflated prices in online ads schemeThe Apex TimesBusinessTesla shares rise after investors refocus on long-term autonomous driving potentialThe Apex TimesBusinessTim Cook’s final day as Apple CEO caps a 15-year push into services, wearables and paymentsThe Apex TimesBusinessNetflix announces new original comedy led by Camila Pitanga and Sergio GuizéThe Apex TimesBusinessWall Street stays upbeat on GE Aerospace after the shares outpace the NasdaqThe Apex TimesBusinessReport: Exxon Mobil joins bidders for Shell’s U.S. chemicals assets, a potential shift for XOM’s refining-and-chemicals outlookThe Apex TimesBusinessUPS says its reorganization will lean more heavily on global logistics than domestic parcel operationsThe Apex TimesBusinessGeneral Dynamics shares fall more than the broader market in late-session tradingThe Apex TimesBusinessEli Lilly to buy Merdia Biosciences in a deal valued at up to $2.88 billion, indicating renewed focus on pipeline expansionThe Apex TimesBusinessNvidia hardware momentum meets a new choke point: copper, not cash, HIVE Digital’s Frank Holmes saysThe Apex TimesBusinessBroadcom’s Sept. 2 earnings set up a high-stakes test for its AI narrativeThe Apex TimesBusinessPalantir CEO Alex Karp pushes back on “tokenmaxxing,” pitching real-world AI value over hypeThe Apex TimesBusinessFTC and 22 states sue Amazon, alleging inflated prices in online ads schemeThe Apex TimesBusinessTesla shares rise after investors refocus on long-term autonomous driving potentialThe Apex TimesBusinessTim Cook’s final day as Apple CEO caps a 15-year push into services, wearables and paymentsThe Apex TimesBusinessNetflix announces new original comedy led by Camila Pitanga and Sergio GuizéThe Apex TimesBusinessWall Street stays upbeat on GE Aerospace after the shares outpace the NasdaqThe Apex TimesBusinessReport: Exxon Mobil joins bidders for Shell’s U.S. chemicals assets, a potential shift for XOM’s refining-and-chemicals outlookThe Apex TimesBusinessUPS says its reorganization will lean more heavily on global logistics than domestic parcel operationsThe Apex TimesBusinessGeneral Dynamics shares fall more than the broader market in late-session tradingThe Apex TimesBusinessEli Lilly to buy Merdia Biosciences in a deal valued at up to $2.88 billion, indicating renewed focus on pipeline expansionThe Apex TimesBusinessNvidia hardware momentum meets a new choke point: copper, not cash, HIVE Digital’s Frank Holmes saysThe Apex TimesBusinessBroadcom’s Sept. 2 earnings set up a high-stakes test for its AI narrativeThe Apex TimesBusinessPalantir CEO Alex Karp pushes back on “tokenmaxxing,” pitching real-world AI value over hypeThe Apex TimesBusinessFTC and 22 states sue Amazon, alleging inflated prices in online ads schemeThe Apex TimesBusinessTesla shares rise after investors refocus on long-term autonomous driving potentialThe Apex TimesBusinessTim Cook’s final day as Apple CEO caps a 15-year push into services, wearables and paymentsThe Apex TimesBusinessNetflix announces new original comedy led by Camila Pitanga and Sergio GuizéThe Apex TimesBusinessWall Street stays upbeat on GE Aerospace after the shares outpace the NasdaqThe Apex Times
Back to front
Honeywell Aerospace says it is pressing suppliers to fix bottlenecks that are limiting output
The Apex Times

THE APEX TIMES

Business/The Apex Times/Aug 18, 10:49 AM EDT

Honeywell Aerospace says it is pressing suppliers to fix bottlenecks that are limiting output

The company’s aerospace unit, led by CEO James Currier, says a notable portion of its roughly 3,000 suppliers underperformed in the first half of the year and is targeting those gaps to improve production.

Honeywell is taking aim at supplier performance as it tries to raise output in its aerospace business, a problem the company says has become a direct manufacturing bottleneck. In remarks reported by Supply Chain Dive, Honeywell Aerospace President and CEO James Currier said the company has identified underperformance across its supply base and is moving to correct it.

Currier said Honeywell works with about 3,000 suppliers and found that a significant share of them did not meet expectations during the first half of the year. The finding matters because, in aerospace supply chains, aircraft and component production schedules can be constrained by the availability and quality of specialized parts, from machining and composites to electronics and other mission-critical components.

The company’s response, according to the report, is to target supplier bottlenecks rather than treat shortages as purely internal scheduling issues. Honeywell’s approach focuses on diagnosing where delivery performance and execution are falling behind and then pressing suppliers to address the constraints that are limiting Honeywell’s ability to ship finished goods on time.

While the reported update did not lay out the specific categories of parts or the exact performance metrics that lagged, the thrust is clear: Honeywell believes the supplier network is a material driver of output variability. For companies building avionics, engines, and other aerospace systems, small delays across multiple tiers of the supply chain can compound, creating late-arriving parts that force production line slowdowns or re-planning.

The report situates Honeywell’s initiative in a broader industry context where aerospace companies have spent multiple years working through disruptions and rebalancing production, staffing, and logistics. Even as conditions have normalized from earlier shocks, the remaining issues are often concentrated in narrower capacity pockets, including specific factories, qualification pathways, and materials with longer lead times.

Honeywell did not provide, in the cited update, a quantified target for how much output the aerospace unit expects to add or how quickly. The company also did not specify whether the supplier actions include contract changes, penalties, or explicit service-level agreements, nor did it state which suppliers or supplier geographies are most affected.

That said, Honeywell’s framing points to a measurable operational problem it is actively managing. If the company can improve on-time delivery and execution among underperforming suppliers, it could reduce production rework and schedule churn, which in turn can support higher throughput and steadier customer deliveries.

Going forward, investors and industry watchers will likely look for additional disclosure around the timing and results of Honeywell’s supplier remediation efforts. The next meaningful indicates may come through earnings materials or segment commentary that describe improvements in aerospace backlog conversion, production rates, and any remaining constraints tied to specific supply categories or qualification bottlenecks.

Why It Matters

  • Supplier execution can directly limit aerospace production schedules, so fixing bottlenecks may help Honeywell convert plans into shipments more reliably.
  • A focus on supplier performance suggests Honeywell views part of its output constraint as external to its own factories, which can change how it manages risk.
  • If successful, supplier remediation could reduce schedule disruption and re-planning costs across aerospace production lines.
  • The lack of disclosure on targets and timelines means the impact on future output remains uncertain until Honeywell provides follow-up metrics.

Sources

Key Facts

  • Honeywell Aerospace President and CEO James Currier said the company found that a significant share of its approximately 3,000 suppliers underperformed in the first half of the year.
  • Honeywell is targeting supplier bottlenecks to improve aerospace output and reduce constraints on production.
  • The update was reported by Supply Chain Dive and syndicated via Yahoo Finance.
  • The report did not detail the specific supplier categories or the performance metrics used to define underperformance.
  • Honeywell did not, in the cited remarks, provide a quantified output increase target or a timeline for results.

Energy & Industrials Related

Aug 31, 1:21 PM EDT
The Apex Times

Chevron rises 2.3% as crude strength offsets refining pressure

Shares moved higher as higher oil prices supported upstream earnings expectations, while concerns over Washington scrutiny around gasoline pricing raised uncertainty about how much refining margin flows to investors.

Chevron rises 2.3% as crude strength offsets refining pressure
The Apex Times
Honeywell Aerospace says it is pressing suppliers to fix bottlenecks that are limiting output | The Apex Times