What Happened
Newly Independent Company Targets Supply Chain And Strategic Deals
Honeywell Aerospace has officially spun off from its parent company, with shareholders receiving one share of the new publicly traded company for every two Honeywell shares. The company designs and manufactures critical components for planes, including cockpit displays and autopilot systems, and serves three key end markets: commercial aftermarket, defense and space, and commercial original equipment. With a record backlog of $19 billion, Honeywell Aerospace is focused on strengthening its supply chain and making strategic deals to drive growth. According to CNBC, the company’s management team forecasts 6% to 8% annual organic top-line growth from 2025 to 2030.