Honeywell 2012 Annual Report Download - page 41

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2012 2011 2010
2012
Versus
2011
2011
Versus
2010
% Change
Aerospace Sales
Commercial:
Original Equipment
Air transport and regional . . . . . . . . $ 1,601 $ 1,439 $ 1,362 11% 6%
Business and general aviation . . . . 967 723 513 34% 41%
Aftermarket
Air transport and regional . . . . . . . . 2,947 2,828 2,437 4% 16%
Business and general aviation . . . . 1,417 1,207 976 17% 24%
Defense and Space . . . . . . . . . . . . . . . . . . 5,108 5,278 5,395 (3)% (2)%
Total Aerospace Sales . . . . . . . . . . . 12,040 11,475 10,683
Automation and Control Solutions
Sales
Energy Safety & Security . . . . . . . . . . . . . 8,123 7,977 6,789 2% 17%
Process Solutions . . . . . . . . . . . . . . . . . . . . 3,093 3,010 2,678 3% 12%
Building Solutions & Distribution . . . . . . 4,664 4,548 4,282 3% 6%
Total Automation and Control
Solutions Sales . . . . . . . . . . . . . . . . 15,880 15,535 13,749
Performance Materials and
Technologies Sales
UOP. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,253 1,931 1,556 17% 24%
Advanced Materials . . . . . . . . . . . . . . . . . . 3,931 3,728 3,170 5% 18%
Total Performance Materials and
Technologies Sales . . . . . . . . . . . . 6,184 5,659 4,726
Transportation Systems Sales
Turbo Technologies . . . . . . . . . . . . . . . . . . 3,561 3,859 3,192 (8)% 21%
Total Transportation Systems
Sales . . . . . . . . . . . . . . . . . . . . . . . . . 3,561 3,859 3,192
Corporate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — 1 —
Net Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $37,665 36,529 32,350
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 a major customer for our defense and space products.
Economic and Other Factors
Aerospace operating results are principally impacted 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;
32