Honeywell CEO Says Iran War and AI Create Demand for Automation

Transformative events like the Iran conflict and the rise of artificial intelligence are creating increased demand for Honeywell International Inc.’s products ahead of its split later this month, according to the company’s chief executive officer.

Honeywell CEO Vimal Kapur said that while external factors played no part in the company’s 2025 plans to separate the automation from the aerospace division, both businesses are now expected to see increased demand in the coming years.

When the company made the decision to separate, “there was the Ukraine war already, but the Iran war hadn’t occurred at that time,” Kapur said in ...