Finance, Taxes, Insurance
Honeywell Outlines Plan To Separate Aerospace, Automation
Company will become three publicly listed entities in the second half of 2026
Vimal Kapur Honeywell chairman and CEO
Honeywell chairman and CEO Vimal Kapur

Honeywell’s board of directors today revealed the results of a business portfolio evaluation that began a year ago and plans for a full separation of Automation and Aerospace Technologies. This follows a previously announced plan to spin off Advanced Materials. The three companies will be separate and publicly listed, and the separation is expected to take place in the second half of 2026.

Although the evaluation started a year ago, the breakup of Honeywell is believed to have accelerated following a $5 billion investment last year by Elliott Investment Management funds and a letter sent Nov. 12, 2024, to the Honeywell board “calling for a simplification of Honeywell’s conglomerate structure.”

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