Honeywell has filed a Form 10 registration statement with the U.S. Securities and Exchange Commission for the planned spin-off of its Aerospace division. The new company, Honeywell Aerospace, will be listed on Nasdaq under the ticker “HONA.” The filing is available on both the SEC and Honeywell’s Investor Relations websites.
“Today’s Form 10 filing reflects the strong progress we are making toward the launch of Honeywell Aerospace as an industry-leading, independent aerospace and defense company. With a highly accomplished, purpose-built leadership team and a unique combination of platform positions across commercial air transport, business aviation, and defense and space markets, we are confident Honeywell Aerospace is well-prepared to stand on its own,” said Vimal Kapur, Chairman and CEO of Honeywell. “As we continue to advance our portfolio transformation, we are sharpening both companies’ strategic focus, enhancing organizational agility, and aligning capital allocation to drive growth and create long-term shareholder value.”
“Honeywell Aerospace continues to build momentum as we approach our public debut in the third quarter,” said Jim Currier, President and CEO of Honeywell Aerospace. “As a premier provider of mission-critical systems leading towards greater electrification, autonomy, and safety, Honeywell Aerospace is well-positioned to capitalize on resilient travel demand, growing global defense budgets, and our record backlog. Our ‘develop once, deploy everywhere’ innovation strategy, supported by a scalable technology development platform and an ongoing commitment to operational excellence, enables us to power current and next-gen aerospace and defense platforms. With our leading margins, strong investment grade credit rating, and robust free cash flow generation, we are poised to unlock significant value for our customers, employees, and shareholders, underpinned by disciplined, focused capital allocation.”
The Form 10 provides details about the organization of Honeywell Aerospace into three operating segments. The document also outlines financial adjustments related to litigation matters in late 2025 that reduced net sales by $312 million within one segment.
Honeywell announced key leadership appointments for Honeywell Aerospace in November 2025 (CEO/Board Chair) followed by CFO and business unit leaders in January 2026. Each leader brings relevant experience aimed at supporting growth as an independent aerospace business.
The company plans an Investor Day event on June 3 in Phoenix where executives will discuss strategy and future outlook; this event will be webcast live through Honeywell’s Investor Relations site at http://www.honeywell.com/investor.
The spin-off is expected to be completed in a way that is tax-free for most U.S.-based shareholders except for any cash received instead of fractional shares.
Future updates regarding the transaction can be found through SEC filings under “Honeywell Aerospace Inc.” The initial Form 10 filed March 3 remains subject to changes before becoming effective.
Honeywell operates globally across several industries including aerospace with support from its Accelerator operating system. Further information about its activities can be accessed at www.honeywell.com/newsroom.
The release includes forward-looking statements concerning anticipated outcomes related to the spin-off process such as timing or potential benefits but notes these depend on various factors including market conditions or regulatory approvals. It also cautions investors about risks that could affect actual results compared with projections described here or in other filings like their annual report (Form 10-K).
Financial measures presented include non-GAAP figures such as pro forma Adjusted EBIT; management believes these offer useful insights into ongoing operations when considered alongside GAAP results though they may differ from similar metrics used by other companies.
