Honeywell's Board has approved the spin-off of its Aerospace division, set for June 29, 2026. Post spin-off, Honeywell Aerospace will become a leading aerospace and defense supplier, while the remaining company, Honeywell Technologies, will focus on industrial automation and autonomy. Shares of Honeywell Aerospace will be distributed to current Honeywell shareholders at a ratio of one Aerospace share for every two Honeywell shares. The spin-off aims to unlock value by creating two focused industry leaders, with Honeywell Aerospace trading under new ticker symbols on Nasdaq starting June 15, 2026, and Honeywell Technologies continuing under the existing ticker.

More News (HON)

Honeywell unveils growth plans and financial targets ahead of Honeywell Aerospace spin-off on June 29.

Honeywell held an investor day on June 11 in New York City to introduce Honeywell Technologies following the planned spin-off of Honeywell Aerospace on June 29. CEO Vimal Kapur outlined a new growth and margin expansion strategy targeting 4%-6% organ...

Market News

Bullish

4 days ago

Honeywell to spin off Aerospace unit by June 29, 2026, creating two independent companies.

More News (HON)

Honeywell unveils growth plans and financial targets ahead of Honeywell Aerospace spin-off on June 29.

Invest & Trade with
#1 Award-Winning Investment Super App

Invest

Features

Fees

Learn

Investment Clubs (Coming Soon)

Support

iOS App Store

Google Play Store

Honeywell to spin off Aerospace unit by June 29, 2026, creating two independent companies.

More News (HON)

Honeywell unveils growth plans and financial targets ahead of Honeywell Aerospace spin-off on June 29.

Invest & Trade with#1 Award-Winning Investment Super App

iOS App Store

Google Play Store

Invest & Trade with
#1 Award-Winning Investment Super App