Honeywell’s Boeing 757-200 testbed, N757HW. [Courtesy: Honeywell Aerospace]
Key Takeaways:
Honeywell is moving forward with the spin-off of its aerospace unit, Honeywell Aerospace, as an independent business.
The company filed a Form 10 registration statement with the SEC for Honeywell Aerospace, which is expected to become a standalone entity by the third quarter of 2026.
Honeywell Aerospace will trade on Nasdaq under the ticker "HONA," organized into three segments, and projects over $17.4 billion in net sales based on 2025 figures.
This separation aims to better position both the new aerospace company and the legacy Honeywell (which will focus on automation) for future growth.
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.
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Zach Vasile is a writer and editor covering news in all aspects of aviation. He has reported for and contributed to the Manchester Journal Inquirer, the Hartford Business Journal, the Charlotte Observer, and the Washington Examiner, with his area of focus being the intersection of business and government policy.