Honeywell (HON) to Separate Automation and Aerospace

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HONEYWELL ANNOUNCES INTENT TO SEPARATE AUTOMATION AND AEROSPACE, ENABLING THE CREATION OF THREE INDUSTRY-LEADING COMPANIES

February 6, 2025 6:00 AM EST

Honeywell Automation will be a pure play automation leader with global scale and a vast installed baseHoneywell Aerospace will be a premier technology and systems provider enabling the future of aviation globallyAdvanced Materials, previously announced to be spun, will be a leading provider of sustainability-focused specialty chemicals and materialsSeparation of Automation and Aerospace to be completed in a manner that is tax-free to... More