In Plain English
Honeywell International Inc. is splitting off Honeywell Aerospace into its own separate, publicly-traded company. Shareholders typically receive shares in the new entity automatically. This is actively in progress.
Honeywell Aerospace will become a separate public company
Deal Progress
RUMORED
ANNOUNCED
PENDING
ACTIVE
COMPLETED
Parent Company
Honeywell International Inc.
HON
Aerospace & Defense
SpinCo / Target
Honeywell Aerospace
Announced
Feb 6, 2025
Feb 6, 25
Expected
Q3 2026
Market Cap
Not disclosed
Deal Value
Not disclosed
Summary
Honeywell to spin off its Aerospace division. Form 10 filed March 2026. Expected to be one of the largest pure-play aerospace companies. Debt offering completed.
Deal Flow Timeline
Key milestones from announcement to expected completion
Deal Announced
2025-02-06
COMPLETEDForm 10 Filed
COMPLETEDIRS Tax Ruling
COMPLETEDShareholder Approval
COMPLETEDRecord Date
Q3 2026
UPCOMINGDistribution / Completion
Q3 2026
UPCOMINGDeal Announced
COMPLETEDInitial public announcement of the transaction.
2025-02-06
Form 10 Filed
COMPLETEDRegistration statement filed with the SEC for the new entity.
IRS Tax Ruling
COMPLETEDPrivate letter ruling confirming tax-free treatment.
Shareholder Approval
COMPLETEDBoard and/or shareholder vote to approve the separation.
Record Date
UPCOMINGRecord date for distribution of new shares.
Est: Q3 2026
Distribution / Completion
UPCOMINGShares of the new entity distributed to shareholders.
Est: Q3 2026