1 day ago · CHARLOTTE, N.C., Feb. 6, 2025 -- Honeywell (NASDAQ: HON) announced today that its Board of Directors completed the comprehensive business portfolio evaluation launched a year ago by Chairman and CEO Vimal Kapur and intends to pursue a full separation of Automation and Aerospace Technologies.The planned separation, coupled with the previously …

1 day ago · The action will split the company's main divisions: Advanced Materials, Aerospace, and Automation. ... Honeywell Aerospace will rise to be a top technology and systems supplier helping aviation ...

1 day ago · Honeywell Aerospace, with $15 billion in 2024 revenue, specializes in technology for commercial and defense aircraft. Honeywell Aerospace will become a separate company with its headquarters still ...

1 day ago · The planned separation of Automation and Aerospace is expected to be achieved in a manner that is tax-free to Honeywell shareholders and targeted for completion in the second half of 2026, subject ...

1 day ago · Honeywell investors had also been pushing for the change. The company expects to complete its split by the end of June, 2026, awarding stock in the new companies to existing Honeywell shareholders. Aerospace is the largest and most profitable piece of Honeywell.

1 day ago · Honeywell, one of the last remaining U.S. industrial conglomerates, will split into three independent companies, following in the footsteps of manufacturing giants like General Electric and Alcoa.. The company said Thursday that it will separate from its automation and aerospace technologies businesses.

1 day ago · Honeywell, one of the few remaining US industrial conglomerates, will split into three companies. Honeywell plans to separate its automation and aerospace technologies businesses from the U.S ...

1 day ago · Honeywell will split into three independently listed companies after activist investor Elliott Management took a $5 billion stake in the industrial giant.

1 day ago · The public announcement arrived about one month after Elliott Investment Management revealed a stake of more than $5 billion in the aerospace, automation and materials company.

1 day ago · Honeywell said on Thursday it will separate its aerospace and automation segments into independently listed companies, breaking up one of America's last standing conglomerates just months after ...