What Happened
New Era For Defense And Commercial Aviation Begins
Honeywell Aerospace has officially begun trading as a standalone, publicly-traded company, marking a new era for the defense and commercial aviation segment. The spin-off from Honeywell Technologies allows the company to pursue tailored strategies for revenue growth, with a focus on building aviation systems, including engines and avionics. With 36,000 employees, Honeywell Aerospace is poised to advance the promise of flight and create a safer, more connected world. The development was first reported by Breaking Defense.