Honeywell's commercial aftermarket sales were up 4% in the first quarter—a figure that lags behind many big-picture MRO market projections, but one that the company says is reflective of its shift to fixed-price service contracts that eliminate some cyclicality. "We're driving much more service contracts rather than break/fix events," says Honeywell President Darius Adamczyk. "So we probably will have a little bit less cyclicality than some of the others because we want to drive a much ...
