Honeywell Aerospace has completed its spin-off from Honeywell Technologies and begun trading as an independent company on the Nasdaq stock exchange under the ticker symbol “HONA.”
The separation, finalized on June 29, 2026, establishes Honeywell Aerospace as a standalone aerospace and defense supplier with more than 36,000 employees and over 10,000 customers worldwide. The company, which traces its origins to the invention of the first autopilot in 1914, is headquartered in Phoenix, Arizona.
How the spin-off works
The spin-off was completed through a distribution of Honeywell Aerospace shares to existing Honeywell Technologies shareholders. Those who held shares as of June 15, 2026, received one share of Honeywell Aerospace common stock for every two shares of Honeywell Technologies they owned. Shareholders will receive cash in place of any fractional shares.
Honeywell Technologies will continue trading on the Nasdaq under the ticker “HON.”
A new chapter for Honeywell Aerospace
Jim Currier, Chief Executive Officer of Honeywell Aerospace, said the spin-off positions the company to focus fully on its aerospace and defense mission.
“As an independent aerospace and defense company, we are fully dedicated to our mission to protect and advance the promise of flight to create a safer, more connected world,” Currier said.
He added that the company plans to deliver value by expanding its market position, investing in its supply base and innovation, and pursuing disciplined capital allocation.
Honeywell Aerospace has released supplemental quarterly financial information for fiscal years 2024 and 2025 in a filing with the US Securities and Exchange Commission.
The company said it aims to deliver long-term profitable growth by expanding its market leadership, investing in innovation, and strengthening its operational capabilities as an independent entity.