Honeywell has announced plans to separate its Automation and Aerospace divisions, alongside the previously disclosed spin-off of its Advanced Materials business. This will create three publicly traded companies. The separation, expected to be completed in the second half of 2026, aims to maximize growth opportunities and shareholder value while remaining tax-free for investors.
Honeywell Automation will focus on AI-powered industrial solutions, digital transformation, and autonomous systems, leveraging its $18 billion revenue base.
Honeywell Aerospace will remain a key supplier for commercial and defense aviation, generating $15 billion in revenue.
Advanced Materials will specialize in sustainable chemicals and high-performance materials, including Solstice® technology, with $4 billion in revenue.
The restructuring is part of Honeywell’s broader strategy to enhance operational efficiency and capitalize on global megatrends such as sustainability, digitalization, and electrification.
