“High-growth nations” found in the Middle East and southeast Asia are playing a key role in the international growth of Honeywell’s [HON] defense and space business, according to a company executive. Mike Madsen, president of Honeywell’s defense and space business, said his sector has increased its presence internationally by about 1-2 percent of revenue per year. Madsen said going back go 2010, defense and space was at about 20 percent international business, but it is about 25 percent today. Madsen…
