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Honeywell International Chairman and CEO David Cote reaffirmed the company's first quarter and full-year 2014 outlook—in a CNBC interview Wednesday, ahead of the company's investor conference.
"We're still up about 10 percent in earnings; about 3 percent or 4 percent in sales. So [we're] getting a very good leverage," Cote said on "Squawk Box."
He also said the diversified aerospace and technology is targeting double-digit earnings growth over the next five years, while hoping to deploy more than $10 billion in that time frame.
The money would be used for acquisitions, Honeywell said in a statement.
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—By CNBC's Matthew J. Belvedere. Follow him on Twitter @Matt_SquawkCNBC. Reuters contributed to this story.