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Trading Expected in Q3
Honeywell announced it has filed a Form 10 registration statement with the U.S. Securities and Exchange Commission. The filing supports the planned spin-off of Honeywell Aerospace. The new company is expected to trade on the Nasdaq under the ticker symbol “HONA.” A copy of the Form 10 is available on the SEC’s website and on Honeywell’s Investor Relations page.
According to the Form 10, Honeywell Aerospace reported pro forma 2025 net sales of $17.4 billion. Pro forma net income totaled $1.5 billion. The company also posted pro forma Adjusted EBIT (earnings before interest and taxes) of $4.3 billion.
Honeywell Aerospace will hold an Investor Day on June 3, 2026, in Phoenix. During the event, members of the leadership team will outline the company’s strategy. They will discuss long-term growth plans and share details about the financial framework guiding the business.
Honeywell International on Tuesday said it filed a Form 10 registration statement with the U.S. Securities and Exchange Commission for the planned spin-off of its aerospace business, Honeywell Aerospace, which will trade on the Nasdaq under the ticker HONA.
“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,” Vimal Kapur, chairman and chief executive officer of Honeywell, said in a statement.
Honeywell Aerospace is expected to begin trading in the third quarter.
$17.4 billion aerospace business
According to the Form 10, Honeywell Aerospace generated pro forma 2025 net sales of $17.4 billion, pro forma net income of $1.5 billion and pro forma Adjusted EBIT of $4.3 billion.
The aerospace unit will operate three segments:
- Electronic Solutions, with $6.8 billion in 2025 net sales, focused on integrated avionics, navigation, sensors and space systems.
- Engines & Power Systems, with $5.4 billion in 2025 net sales, supplying propulsion systems, auxiliary power units and electric power technologies.
- Control Systems, with $5.2 billion in 2025 net sales, delivering thermal management and motion control systems used in flight, life support and safety applications.
Net sales were reduced by $312 million within the Engines & Power Systems segment due to Flexjet-related litigation matters disclosed in the fourth quarter of 2025.
The pro forma adjusted EBIT figure reflects $202 million in incremental costs tied to the separation, including expenses related to trademark licensing, transition services, executive compensation and pension service costs.
Positioned for electrification and defense growth
Jim Currier, president and chief executive officer of Honeywell Aerospace, said in a statement that the company is building momentum ahead of its public debut.
He added that the company’s “develop once, deploy everywhere” innovation strategy is designed to support both current and next-generation aerospace and defense platforms while expanding aftermarket opportunities.
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About Honeywell
Honeywell International Inc. is a Fortune 500 multinational company that designs and manufactures technologies that address global challenges in energy, safety, security, and aerospace. Honeywell operates through four primary business segments: Aerospace Technologies, Building Automation, Industrial Automation, and Energy and Sustainability Solutions. Across these divisions, the company combines hardware with software and industrial IoT capabilities to deliver integrated, data-driven solutions.
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