Honeywell is one step closer to officially spinning off its aerospace unit as an independent business.
The company on Tuesday filed a Form 10 registration statement with the U.S. Securities and Exchange Commission for Honeywell Aerospace, which is expected to become a standalone enterprise later this year.
Honeywell Aerospace will be organized into three segments, according to the filing—Electronic Solutions, Engines and Power Systems, and Control Systems. Electronic Solutions will cover integrated avionics, navigation and sensors, electromagnetic defense, and space solutions, while Engines and Power Systems will oversee propulsion systems, auxiliary power units, and electric power solutions. Control Systems will incorporate thermal management and motion control systems.
Honeywell Aerospace is set to trade on the Nasdaq under the ticker “HONA.”
“Today’s Form 10 filing reflects the strong progress we are making toward the launch of Honeywell Aerospace as an industry-leading, independent aerospace and defense company,” Honeywell Chairman and CEO Vimal Kapur said in a statement. “With a highly accomplished, purpose-built leadership team and a unique combination of platform positions across commercial air transport, business aviation, and defense and space markets, we are confident Honeywell Aerospace is well-prepared to stand on its own.”
Honeywell began evaluating a potential separation of the aerospace business in 2024 and announced plans for a spinoff in February 2025. Executives have said the split will better position both the aerospace unit and the legacy company for future growth. The final separation is expected to occur in the third quarter of 2026.
Honeywell Aerospace is on track to become one of the largest pure-play aerospace suppliers in the world, with over $17.4 billion in net sales based on 2025 figures. The company will be headquartered in Phoenix.
The legacy Honeywell business will continue to focus on automation technology.
