Honeywell 2010 Annual Report Download - page 32

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% Change
2010 2009 2008
2010
Versus
2009
2009
Versus
2008
Aerospace Sales
Commercial:
Air transport and regional
Original equipment $ 1,362 $ 1,396 $ 1,766 (2)% (21)%
Aftermarket 2,437 2,419 2,866 1% (16)%
Business and general aviation
Original equipment 513 709 1,459 (28)% (51)%
Aftermarket 976 902 1,227 8% (26)%
Defense and Space Sales 5,395 5,337 5,332 1% 0%
Total Aerospace Sales 10,683 10,763 12,650
Automation and Control Solutions Sales
Products 8,467 7,627 8,562 11% (11)%
Solutions 5,282 4,984 5,456 6% (9)%
Total Automation and Control Solutions Sales 13,749 12,611 14,018
Specialty Materials Sales
UOP 1,556 1,574 1,953 (1)% (19)%
Advanced Materials 3,170 2,570 3,313 23% (22)%
Total Specialty Materials Sales 4,726 4,144 5,266
Transportation Systems Sales
Turbo Technologies 3,192 2,432 3,582 31% (32)%
Consumer Products Group 1,020 957 1,040 7% (8)%
Total Transportation Systems Sales 4,212 3,389 4,622
Corporate — 1 —
Net Sales $ 33,370 $ 30,908 $ 36,556
Aerospace
Overview
Aerospace is a leading global supplier of aircraft engines, avionics, and related products and services for aircraft manufacturers, airlines, aircraft
operators, military services, and defense and space contractors. Our Aerospace products and services include auxiliary power units, propulsion engines,
environmental control systems, electric power systems, engine controls, flight safety, communications, navigation, radar and surveillance systems, aircraft
lighting, management and technical services, logistics services, advanced systems and instruments, aircraft wheels and brakes and repair and overhaul
services. Aerospace sells its products to original equipment (OE) manufacturers in the air transport, regional, business and general aviation aircraft segments,
and provides spare parts and repair and maintenance services for the aftermarket (principally to aircraft operators). The United States Government is also a
major customer for our defense and space products.
Economic and Other Factors
Aerospace operating results are principally driven by:
• New aircraft production rates and delivery schedules set by commercial air transport, regional jet, business and general aviation OE manufacturers,
as well as airline profitability, platform mix and retirement of aircraft from service;
29