Honeywell Aerospace CEO Jim Currier called GE Aerospace’s planned $12 billion acquisition of Consolidated Precision Products (CPP) positive for the aerospace industry, saying the companies receive different types of parts from the manufacturer and have no portfolio overlap. Aerospace companies are buying smaller suppliers or bringing production capabilities in-house as supply-chain constraints hinder planemakers’ efforts to increase commercial jet output. Honeywell Aerospace, which became a separate company in June, has spent the past two years bringing some previously outsourced technologies and capabilities back in-house, and Currier said more work could take place in both the short and long term.