Sep. 5 at 4:50 AM
$HONA 🚀 Another potential positive catalyst!
The U.S. just approved a potential
$5 BILLION JDAM-ER sale to Saudi Arabia, involving more than 10,000+ guidance kits and associated bombs.
$BA is the principal contractor on the #JDAM-ER portion, but Honeywell also has a separate
$750M potential defense sale for AGT-1500 tank engines. 🇺🇸🛡️. This stock is a #coiled spring!
With Honeywell Aerospace already deeply involved in critical defense and aerospace systems, the continued strength in global defense spending is another reason I remain #BULLISH on
$HONA. Maybe still the crown jewel of
$HON.
#HONA #Honeywell #Defense #Aerospace #JDAM #DefenseSpending #Bullish
Not investment advice. Do your own homework and research.
