Honeywell advances aerospace business spin-off plan for independent listing in 2026
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Honeywell announced that it will spin off its aerospace technology business in the second half of 2026, establishing an independent publicly listed aerospace company. This spin-off is part of the company's business restructuring aimed at simplifying operations and focusing on industrial automation and digital transformation. After the spin-off, Honeywell will concentrate on areas such as building automation, industrial automation, and process automation. The new financial reporting structure will take effect on January 1, 2026, and the aerospace business will continue to report its performance as part of Honeywell before the spin-off
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