Honeywell International Inc. (NASDAQ:HON) is one of the best defense contractor stocks to buy right now. On March 25, Honeywell International Inc. (NASDAQ:HON) announced a supplier framework agreement with the U.S. Department of War to expand production of defense technologies.

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The multi‑year deal, valued at $500 million, will boost capacity for navigation systems, Assure actuators, and electronic warfare solutions, critical components used in precision munitions, missiles, and U.S. military aircraft. Honeywell Aerospace is among the first Tier 1 suppliers to sign such an agreement, underscoring its role in strengthening defense readiness. CEO Jim Currier highlighted the company’s ability to scale advanced technologies quickly, delivering lasting benefits to both customers and taxpayers.

On March 20, Honeywell International Inc. raised its debt tender offer to $4.67 billion from $3.75 billion. Honeywell received $7.21 billion in tenders for its dollar securities and €2.60 billion for its euro securities by the deadline. It plans to accept all euro securities tendered within priority levels 1 through 6, with final amounts to be announced after the reference yield date.

The tender covers 17 series of dollar notes maturing between 2029 and 2054, and 7 series of euro notes maturing between 2027 and 2036. The largest submissions included $1.21 billion for 5.250% dollar notes due 2054 and €456.6 million for 3.500% euro notes due 2027. Withdrawal rights expired on March 18, and the tender offers are set to close on April 7, 2026, unless extended.

Honeywell International Inc. (NASDAQ:HON) operates across aerospace technologies, industrial automation, building automation, and energy solutions worldwide. Most importantly, it is a major defense contractor through its Aerospace Technologies division, supplying avionics, navigation systems, radar, propulsion engines, and electronic warfare solutions for U.S. and allied military platforms.

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