Honeywell Spins Off Aerospace, Plans NASDAQ Listing for New $17.4 Billion Revenue Company

Honeywell International Inc. (NYSE: HON) has filed a Form 10 registration statement with the U.S. Securities and Exchange Commission to spin off its aerospace business, targeting an independent Nasdaq listing under the ticker “HONA” in the third quarter of 2026. The newly formed Honeywell Aerospace is projected to deliver 2025 net sales of $17.4 billion, net income of $1.5 billion, and adjusted EBIT of $4.3 billion. Its Form 10 outlines three operating segments—Electronic Solutions, Engines & Power Systems, and Flight Control Systems—alongside an innovation-driven growth strategy. To detail the value creation and financial outlook post-separation, the company will host an Investor Day in Phoenix, Arizona, on June 3.

In March, Honeywell’s CEO and aerospace leadership will present future strategies at the Bank of America Global Industrial Conference in London and the J.P. Morgan Industrial Conference in Washington, D.C. Market sentiment has been buoyed by positive brokerage research—most recently Wolfe Research’s upgrade of Honeywell’s investment rating—reflecting optimism around the corporate split and aerospace spin-off.

A leading U.S. diversified industrial technology company, Honeywell operates across aerospace, building and industrial automation, and process technologies. The firm has been reshaping its portfolio—completed in 2025 with the spin-off of Solstice Advanced Materials. With the global aerospace sector poised for long-term growth fueled by recovering defense and commercial air travel demand and rising needs for advanced electronic and control systems, Honeywell’s aerospace spin-off is gaining attention as part of a broader industry value-chain realignment.