Honeywell Aerospace shares tanked after the company slashed its full-year growth guidance, citing persistent supply chain constraints impacting second-quarter sales.
The company admitted it is 'starting behind the curve' for the remainder of 2026, leading to a sharp sell-off by investors concerned about future profitability.
Analysts noted that the supply bottlenecks have severely hampered the firm's ability to meet delivery targets, forcing a downward revision of its annual revenue forecast.