other material
confidence high
sentiment positive
materiality 0.70
Honeywell files Form 10 for spin-off of Aerospace business; targets Q3 2026 completion
HONEYWELL INTERNATIONAL INC
- Honeywell Aerospace 2025 net sales $17.4B, pro forma net income $1.5B, Adjusted EBIT $4.3B.
- Three segments: Electronic Solutions ($6.8B), Engines & Power Systems ($5.4B), Control Systems ($5.2B).
- Expected to trade on Nasdaq as "HONA"; spin-off tax-free for Honeywell shareholders.
- Investor Day scheduled June 3, 2026 in Phoenix; leadership includes CEO Jim Currier.
- Form 10 filing is key step toward separation; completion targeted Q3 2026.