Honeywell announces segment realignment to four segments; Aerospace spin-off on track for H2 2026

HONEYWELL INTERNATIONAL INC

Effective Q1 2026, new segment Process Automation and Technology formed from UOP and core Process Solutions.
After Aerospace spin-off (H2 2026), Honeywell will have three segments: Building Automation, Industrial Automation, and Process Automation and Technology.
Solstice Advanced Materials spin-off from Honeywell expected to close on October 30, 2025.
Leadership for pre-spin-off segments: Billal Hammoud (BA), Peter Lau (IA), Jim Masso (Process Automation), Ken West (Process Technology).
Evaluation of strategic alternatives for PSS and WWS within Industrial Automation continues.

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