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Honeywell Aerospace Goes Public | Business and Finance News
Description
Honeywell Aerospace is officially spinning off and hitting the Nasdaq in June 2026, giving it the freedom to accelerate investments in production for Boeing and Airbus. With 36,000 employees and revenue growth projected at 7-9%, the division aims for $6.5 billion in adjusted earnings by 2030, eyeing acquisitions in electric and autonomous flight. This is part of a bigger plan to split Honeywell into three companies, following the recent spinoff of Solstice Advanced Materials.
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