Honeywell Aerospace

The Defense Innovation Unit (DIU) tested Honeywell Aerospace’s MagNav system with quantum sensors in a test flight over the Pacific and demonstrated precise positioning without GPS. The system builds magnetic field maps from measurements of the Earth's magnetic field and transmits the navigation results directly to pilots on tablets. According to the DIU, MagNav delivers up to 89 percent better positioning accuracy than conventional backups; installation in a C-17 Globemaster III for further field tests is planned later this year. » More on heise.de

Honeywell Aerospace, spun off from Honeywell International in June 2026, was added to the Madison Large Cap Fund after the company reported a $52.2 billion market cap and a one‑month share decline of 21.87%. The fund highlighted Honeywell Aerospace’s leading position in aircraft components and avionics, noting ~90% of in‑service aircraft contain its products. Madison expects the standalone structure to improve management incentives and capital allocation, supporting an attractive growth outlook that it believes is underappreciated. » More on finance.yahoo.com

Honeywell Aerospace shares gained 2.8% in pre-market trading after Morgan Stanley raised its rating from equal-weight to overweight and set a $205 price target. The bank views the sharply fallen valuation since the spin-off as a buying opportunity, citing discounts versus peers and declining short-interest levels. Operational risks such as supply-chain issues and a revised Q2 forecast remain, but the upgrade is seen as a short-term catalyst for the stock. » More on de.investing.com