Honeywell Aerospace open to buying suppliers to fix quality and delivery problems

Honeywell Aerospace is open to buying smaller businesses so it can do more work itself, CEO Jim Currier said, adding that the company is working through supplier quality problems and late deliveries. He did not name any possible targets.

Speaking at the Morgan Stanley Laguna Conference in Dana Point, California, on September 15, 2026, Currier said takeovers could let Honeywell pull back work that had been contracted out.

The company has spent two years bringing technologies and tasks back in-house after outsourcing them between 2010 and 2019, and Currier indicated there is room to go further.

Roughly 70 suppliers still have quality or delivery issues, down from several hundred in 2022. Employees have been sent to two of those suppliers' plants to help add shifts, and Currier said output at those factories was about 30 percent higher over the past 30 to 45 days than a year earlier.

Honeywell also sources parts from Consolidated Precision Products, though Currier said those parts differ from the ones GE Aerospace buys from the same company.

GE announced its agreement to acquire CPP on September 8, 2026, saying the purchase would let it increase parts production and speed up work on new engine technology. CPP makes precision metal castings, including airfoils and structural parts, for almost every current-generation commercial aircraft program in production, along with components for defense and power customers, and has supplied GE for more than 15 years.

GE said it plans to invest in CPP's factories and workforce, add jobs and improve manufacturing processes to lift output and cut quality problems. Owning the supplier would also let GE collaborate more closely on the design and manufacture of engine parts. Currier called the deal positive for the industry as a whole.