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Honeywell

Diversified industrial conglomerate: aerospace, automation, safety

Principal Project Engineer

Full-Time
$156k - $196k/yr
Senior
Bachelor's
Philadelphia, PA, USA+1 moreMore locations: Lincolnshire, IL, USA
HybridHybrid schedule; new hires must work onsite Monday–Friday for the first 90 days.
Project & Program ManagementProgram Management

About the job

Requirements
  • A bachelor's degree from an accredited institution in a technical discipline such as science, technology, engineering, or mathematics.
  • At least 6 years of direct program or project management experience developing integrated hardware/software products.
  • At least 6 years of marketing and/or development experience with integrated hardware/software products and global development teams.
  • At least 6 years of product certification experience, including direct coordination with notifying bodies such as FM, CSA, and UL.
  • Ability to communicate and work effectively with internal and external customers at all organizational levels.
  • Must be a U.S. Person, defined as a U.S. citizen, U.S. permanent resident, or person with protected status in the United States under asylum or refugee status.
Responsibilities
  • Lead 4–5 concurrent global new product introduction programs involving integrated hardware, software, and/or mechanical product development.
  • Define program scope and manage change control, including negotiating program contracts and scope variations with stakeholders.
  • Develop and maintain program roadmaps, schedules, and budgets using MS Project, ensuring delivery within defined scope, cost, and time targets.
  • Proactively identify and mitigate risks while capitalizing on opportunities to improve program outcomes.
  • Direct cross-functional engineering and operations teams of 10–15 people across multiple sites, ensuring alignment, accountability, and timely execution.
  • Report program status to senior leadership, including clear updates on milestones, risks, and financial performance.
  • Collaborate with external certification agencies to secure required product approvals.
  • Deliver hardware to manufacturing, ensuring production readiness and successful design transfer into factory processes.
  • Collaborate with commercial teams and, when required, engage directly with customers to align technical execution with business needs.
  • Drive commercialization success, ensuring products meet return-on-investment, cost, and business objectives while balancing technical feasibility.
  • Ensure compliance with Six Sigma and continuous improvement practices, applying structured problem-solving to strengthen program results.
Desired Qualifications
  • At least 10 years of program or project management experience in product development.
  • At least 10 years of marketing and/or development experience with integrated hardware/software products and global development teams.
  • Six Sigma Green Belt certification.
  • Ability to effectively lead, manage, and energize cross-functional teams across multiple sites.
  • Ability to quickly assess unclear, complex, and ambiguous situations and reduce them to distinct, clear, timely, and stable direction for the development team.
  • Ability to negotiate skillfully in difficult situations with internal and external groups, settle differences with minimal disruption, win concessions without damaging relationships, be direct and diplomatic, gain trust quickly, and exercise good timing.
  • Problem-solving skills.
  • Proficiency with MS Project, including the ability to create and maintain complex schedules.

About the company

Honeywell designs and sells technologies across four areas: aerospace, building automation, performance materials and technologies, and safety and productivity solutions. Its products combine hardware, software, and services such as aircraft systems, building controls, specialty chemicals, materials, sensors, software, and personal protective equipment to improve efficiency, safety, and performance. The company differentiates itself through a large, diversified global portfolio and by providing end-to-end integration across design, manufacturing, installation, maintenance, and analytics. Its goal is to help customers operate more reliably and efficiently, reduce costs and environmental impact, and grow recurring revenue by offering connected solutions and digital platforms that link hardware and software.

Company Size

10,001+

Company Stage

IPO

Headquarters

Charlotte, North Carolina

Founded

1906

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Simplify's Take

What believers are saying

  • Q2 2026 Honeywell Technologies orders rose 16%, lifting backlog to roughly $20 billion.
  • Management raised 2026 guidance to $8.05-$8.35 adjusted EPS after strong margins.
  • Brazil's Acelen biofuel refinery win expands Honeywell's low-carbon process technology franchise.

What critics are saying

  • Honeywell Aerospace cut 2026 organic growth to 4%-5% after June 29 spin-off.
  • The DOJ settled a cybersecurity False Claims Act case for $2.04 million on September 1, 2026.
  • PSS and WWS sales removed scale, and supply constraints hit Honeywell Aerospace's post-spin performance.

What makes Honeywell unique

  • Honeywell Technologies is becoming a pure-play automation company with deep installed-base software.
  • Experion Cognition targets autonomous control rooms, blending process expertise with AI decisioning.
  • Building Automation grew 9% organically in Q2 2026, powered by data centers.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • 401(k) Company Match
  • Flexible Work Hours
  • Paid Vacation
  • Paid Sick Leave
  • Paid Holidays
  • Parental Leave
  • Educational Assistance

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

1%

2 year growth

1%
Yahoo Finance
Oct 20th, 2026
Honeywell trades at 8.1x earnings, but spin-off distorts cash flow multiple and margins slip

Honeywell International stock trades at 8.1 times earnings, against 22.7 for the median S&P 500 company. But the low multiple may mislead: most of the earnings came in one quarter, and net income of $8.21 billion exceeded operating income of $5.99 billion. On operating cash flow, Honeywell trades at 13.0 times against 15.0 for the S&P 500. That figure still includes a full year of cash from Honeywell Aerospace, which was spun off on June 29, 2026. Operating margin fell to 16.6% in the twelve months to June 2026, from 18.7% a year earlier. Management says cost cuts are ahead of plan and expects a segment margin above 22% by the end of 2026. Investors will watch segment margin in the third-quarter report, expected around October 22, 2026.

Fortune
Oct 14th, 2026
Honeywell launches Forge Cognition AI "brain" for buildings with Nvidia and Dell, keeping humans in control

Honeywell Technologies has launched Forge Cognition, an AI platform built with Nvidia and Dell that places AI agents and digital twins on top of building systems for heating, cooling, security, and power. It can run in manual, semi-autonomous, or autonomous mode, but chief technology officer Suresh Venkatarayalu said the autonomous setting is not yet open. Humans will stay in the loop for probably the next two to three years, he said, after which customers decide when to switch. At Nvidia's Voyager headquarters, Honeywell says the system cut unnecessary alerts by up to 90%. It also identified close to 10% in potential energy savings, which have not yet been achieved. Honeywell is now working to turn Nvidia into a paying customer. It is also piloting the platform at sites in Dubai, Singapore, Bangalore, and Richardson, Texas.

Yahoo Finance
Sep 30th, 2026
Corning vs. Honeywell: Which industrial tech stock offers better value in 2026?

Corning reported revenue of nearly $15.6 billion in FY 2025, representing 19.1% year-on-year growth, with net income reaching roughly $1.6 billion and a net margin of 10.2%. The specialised glass and optical-physics manufacturer supplies optical fibre to Verizon and durable cover glass to Apple, whilst partnering with Amazon, Nvidia, and Qualcomm for AI and data centre architectures. Its debt-to-equity ratio stood at approximately 0.9x, with a current ratio of 1.6x. Honeywell International, operating across aerospace technologies, industrial automation, and building automation, reported FY 2025 revenue of approximately $37.4 billion, reflecting 7.8% growth. The diversified industrial technology company achieved net income of roughly $4.7 billion, resulting in a 12.6% net margin. Honeywell maintains strategic agreements with Bombardier for propulsion and avionics systems whilst refining its portfolio through divestments.

Yahoo Finance
Aug 11th, 2026
Honeywell slides 5% as investor event guidance disappoints after aerospace spin-off

Honeywell shares tumbled roughly 5% to $231 on Tuesday, underperforming all major industrial peers following weak investor reception at its Chicago event. The decline stems partly from the poor debut quarter of spun-off Honeywell Aerospace, now trading as HONA, which prompted UBS to cut its price target. Honeywell's Q2 results showed reported revenue of $9.72 billion, down 6.1% year-over-year due to the aerospace separation. Whilst CEO Vimal Kapur raised full-year adjusted earnings guidance and positioned the company as a "leading pure-play automation company", the complex optics failed to convince investors. Meanwhile, peer 3M rose 1% after delivering a clean earnings beat with 8.2% organic growth in Safety & Industrial and raising its full-year guidance.

Yahoo Finance
Jul 31st, 2026
Cramer tips Honeywell Aerospace as overlooked winner after three-way split

Honeywell has completed its split into three separate public companies, with Honeywell Technologies retaining the HON ticker and Honeywell Aerospace beginning trading on 29 June. The advanced-materials operation became Solstice Advanced Materials in October 2025. CNBC's Jim Cramer views Honeywell Aerospace as an interesting long-term opportunity, comparing the breakup to General Electric's multi-year split. He suggests targeted companies can eventually achieve higher valuations than their parent conglomerates, though it may take several quarters for markets to recognise this value. Honeywell Technologies reported second-quarter sales of $5.2 billion, up 3% overall and 4% organically. Orders increased 16%, creating a backlog exceeding $20 billion. Building Automation revenues grew 9% on data centre and healthcare demand, whilst Industrial Automation sales rose 4%.