Honeywell Board Approves Spin-off of Aerospace Division Effective June 29, 2026

Honeywell's Board of Directors has formally approved the planned spin-off of Honeywell Aerospace, with distribution scheduled for June 29, 2026, creating two independent industry leaders. The separation will result in Honeywell Aerospace (ticker: HONA) as a tier-1 aerospace and defense supplier, while the remaining company becomes Honeywell Technologies (ticker: HON), both positioned to maximize shareholder value.