Aerospace & Defense: On the Radar: 10/26/26-10/30/26

This week's earnings slate is headlined by Boeing (BA) Tuesday pre-market: Q3 deliveries came in a touch lighter than our expectations, requiring a modestly higher Q4 lift, though management has signaled limited upside to this year's delivery targets. With MAX 7/10 certification, a new SPEEA contract and an F/A-XX win now behind it, investor focus has shifted to 2027; we view the recent move down in 2027 consensus FCF to $5.5bn (from well over $6bn) positively. Honeywell Aerospace (HONA) reports Wednesday after the close with low expectations and limited guidance risk;