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Honeywell Advances Breakup Plan As Aerospace Unit Files To Go Solo
Honeywell International Inc. has filed a Form 10 registration statement with the SEC to spin off its Honeywell Aerospace unit as a separate publicly traded company. The new entity, which will be listed on Nasdaq under the ticker HONA, is expected to complete its spin-off in the third quarter of 2026. This move is part of a broader trend among industrial conglomerates to streamline operations and focus on core competencies, allowing Honeywell Aerospace greater independence and flexibility.