Honeywell is close to naming the CEO and headquarters for its standalone aerospace company ahead of a planned 2026 spin‑off, CEO Vimal Kapur said. Aerospace sales rose 7% in Q3 to $10.41 billion and the company raised its 2025 profit outlook, sending shares up over 7%.
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Briefing
Honeywell’s imminent CEO and HQ decision will set leadership and operational structure for a major standalone supplier handling $10.41B in quarterly aerospace sales (up 7%), and follows a raised 2025 profit outlook that lifted shares more than 7%.
The move comes amid a broader industry recovery and sustained aftermarket demand, reinforcing the strategic rationale for a focused aerospace company; see Honeywell’s longer‑term market outlook and recent industry revenue momentum from peers such as Boeing and Rolls‑Royce for context (Honeywell market outlook, Boeing Q2 commercial revenue jump).
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Honeywell to spin off Aerospace Technologies unit by 2026, reshaping supplier landscape • mrobusinesstoday.com
Reuters
• Utkarsh Shetti