Mergers & Acquisitions ·
Honeywell International Inc. completed the spin-off of Honeywell Aerospace Inc. into an independent public company on…
HONAVHoneywell Aerospace Inc.
Honeywell International Inc. completed the spin-off of Honeywell Aerospace Inc. into an independent public company on June 29, 2026. Honeywell stockholders of record as of June 15, 2026, received one share of Honeywell Aerospace common stock for every two shares of Honeywell common stock held. The company began trading on the Nasdaq under the symbol "HONA". The spin-off included several definitive agreements regarding separation, transition services, taxes, employee matters, and intellectual property. Additionally, the company established a commercial paper program with a maximum aggregate principal amount of $4.0 billion. James Currier was appointed President and CEO, and William Lautar was appointed VP, Controller and Chief Accounting Officer. The company operates in the aerospace industry, providing aviation technologies and systems.