Honeywell Announces Filing of Form 10 for Aerospace Spin-Off

Honeywell Aerospace to become independent public company, targeting Q3 2026 completion

Published on Mar. 3, 2026

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Honeywell announced the filing of its Form 10 registration statement with the SEC for the planned spin-off of Honeywell Aerospace, which will trade on the Nasdaq under the ticker "HONA." Honeywell Aerospace will be one of the largest publicly listed pure-play aerospace and defense companies, leading the industry towards greater electrification, autonomy, and safety.

Why it matters

The spin-off of Honeywell Aerospace represents a significant milestone in Honeywell's portfolio transformation, sharpening the strategic focus of both companies and aligning capital allocation to drive growth and create long-term shareholder value. As an independent public company, Honeywell Aerospace will be better positioned to capitalize on resilient travel demand, growing global defense budgets, and its record backlog.

The details

The Form 10 filing outlines that Honeywell Aerospace will be organized into three operating segments - Electronic Solutions, Engines & Power Systems, and Control Systems. The company expects to generate net sales of $17.4 billion, pro forma net income of $1.5 billion, and pro forma Adjusted EBIT of $4.3 billion in 2025. Honeywell Aerospace plans to execute an innovation-led growth strategy to enhance the efficiency, safety, and connectivity of its customers' active fleets.

  • Honeywell filed the Form 10 registration statement on March 3, 2026.
  • Honeywell Aerospace is expected to become an independent public company in the third quarter of 2026.

The players

Honeywell

An integrated operating company serving a broad range of industries and geographies around the world, with a portfolio underpinned by its Honeywell Accelerator operating system and Honeywell Forge platform.

Honeywell Aerospace

One of the largest publicly listed pure-play aerospace and defense companies, leading the industry towards greater electrification, autonomy, and safety with a comprehensive portfolio of mission-critical, integrated systems across end markets.

Vimal Kapur

Chairman and CEO of Honeywell.

Jim Currier

President and CEO of Honeywell Aerospace.

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What they’re saying

“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.”

— Vimal Kapur, Chairman and CEO of Honeywell (Honeywell)

“Honeywell Aerospace continues to build momentum as we approach our public debut in the third quarter. 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.”

— Jim Currier, President and CEO of Honeywell Aerospace (Honeywell)

What’s next

Honeywell Aerospace will host an Investor Day on June 3, 2026, in Phoenix, Arizona, where the leadership team will provide details on the company's business strategy, future growth prospects, and financial model.

The takeaway

The spin-off of Honeywell Aerospace represents a strategic move by Honeywell to sharpen the focus of both companies and unlock value for shareholders. As an independent public company, Honeywell Aerospace will be better positioned to capitalize on industry trends and drive innovation in the aerospace and defense sectors.