Honeywell Aerospace (HONA) official guidance

We continue to expect capital expenditures of about $650 million for the year.

We are increasing our 2026 pro forma standalone adjusted EPS guidance range to $7.85 to $8, attributable to lower below-the-line expenses than previously expected as a new public company.

We are also raising the guidance for our second half free cash flow to $1.2 billion-$1.4 billion.

By year-end, we expect to have doubled the percentage of multi-source spend from 2023 to north of 30%.

We expect growing investments over the next couple of years will take multi-sourcing to more than half of our material spend by the end of the decade.

Moving to pro forma standalone adjusted EBIT, we are narrowing our guidance range for the year around the same midpoint of $4.4 billion.

We are maintaining our organic growth guidance for the year of 4%-5%, as well as the growth expectations across each of our end markets.

| Year-over-year growth1,4 | Flat - 3% | Up 1% - 2% |

| Organic1,4 growth | 4% - 5% | 4% - 5% |

The combination of these features with Honeywell Aerospace's complementary navigation technology, program speed, and scale are expected to drive a doubling of Civitanavi sales in 2026 versus the prior year.

We anticipate commercial aftermarket growth of low-to-mid-single-digits as we navigate continued constraints in the mechanical supply base.

Breaking that down by end market, we expect commercial OE to grow at mid-single-digit rate with commercial air transport continuing to lead while business aviation remains steady.

We expect defense and space sales to be up mid-single-digits with domestic growth continuing to outpace international as we push to meet obligations to our U.S. customer base.

In addition to our commercial momentum, we're also seeing growing demand in our international defense business, which is approximately 30% of our total defense and space end market, and where we anticipate high single-digit annual growth through 2030.