Newly independent Honeywell Aerospace seeks organic growth, but won’t rule out M&A
The firm's CEO said he views capital allocation in four tiers of descending priority: organic growth, inorganic growth, dividends and stock buybacks.
The firm's CEO said he views capital allocation in four tiers of descending priority: organic growth, inorganic growth, dividends and stock buybacks.
If passed, the bill would forbid defense contractors from paying dividends or buying back stock unless contractors meet specific performance thresholds on a yearly basis.
Defense Secretary Pete Hegseth had until Feb. 6 to review contractor performance under an executive order issued last month.