CHARLOTTE, N.C., June 1, 2026 — Honeywell (NASDAQ: HON) today announced new brand identities for its automation and aerospace businesses: 'Honeywell Technologies' and 'Honeywell Aerospace.' These will become two independent, publicly traded companies on June 29, 2026, when Honeywell completes the spin-off of its aerospace business. Honeywell’s current brand value is estimated at $18 billion, recognized for over 135 years of innovation. The new brands honor Honeywell’s history while reflecting the strategic focus and long-term growth trajectories of each company. The automation business will adopt the name 'Honeywell Technologies' and continue to trade on the Nasdaq under the ticker symbol 'HON.' It aims to be a global leader in the transition from automation to autonomy. The aerospace business will be named 'Honeywell Aerospace' and is expected to trade on the Nasdaq under the ticker symbol 'HONA.' As one of the largest pure-play aerospace suppliers, it will continue to shape the future of aviation through electrification and autonomous flight. Chairman and CEO Vimal Kapur stated, 'This is the beginning of a new and exciting era for both businesses.' Details regarding the new companies will be presented at their respective Investor Days in June.
FACT BOX
- Source: PR TIMES
- Category: Corporate Restructuring
- Organizations: Honeywell