Honeywell Aerospace is set to become a standalone company later this month, focusing solely on aviation and defense technologies. CEO Jim Currier projects earnings growth with targets of $6.5 billion in annual earnings and $4 billion in free cash flow by 2030. The spin-off aims to unlock value by having a dedicated management team focused on one mission, improving capital allocation and growth prospects. Despite recent supply chain challenges linked to geopolitical issues, the company expects strong demand in commercial aviation and defense markets to drive future growth.
Quantinuum, formed by merging Honeywell's quantum division and Cambridge Quantum, debuted on Nasdaq at $68 per share, raising $1.68 billion in an upsized IPO. The company, valued at about $17.6 billion, offers full-stack quantum computing hardware an...
Honeywell Aerospace announced its strategy for long-term growth and a planned spin-off from Honeywell, expected to complete on June 29, 2026. The company will provide standalone financial guidance for 2026 and set targets for 2030, focusing on innova...
The global Mass Notification System (MNS) market is forecasted to grow from $28.88 billion in 2025 to $80.44 billion by 2030, at a CAGR of 22.7%. This surge is driven by stricter regulatory requirements for multi-channel emergency communication and t...
Honeywell has appointed Jillian Evanko, CEO of Duravant, LLC, to its Board of Directors as an Independent Director and Audit Committee member. This move comes ahead of Honeywell's Aerospace business spin-off expected on June 29, 2026. Evanko brings o...
Honeywell announced it will provide an updated 2026 outlook and introduce a preliminary full-year outlook for Honeywell Technologies, its remaining business after spinning off Honeywell Aerospace. The update will be released before the Nasdaq market ...
