Honeywell—the massive industrial conglomerate that builds avionics, propulsion, navigation, and other systems for aircraft, rotorcraft, and spacecraft—is splitting its aerospace business into a separate company.
The firm on Thursday said it will fully separate its aerospace and automation units in the second half of 2026, following previously announced plans to spin off its advanced materials business later this year. The result will be three independent companies, each dedicated to a different sector. The aerospace business, which generated $15 billion in revenue for Honeywell last year, will remain headquartered in Phoenix.
