Honeywell Aerospace Completes Spin-Off from Honeywell International

Summary

Honeywell Aerospace Inc. has successfully completed its spin-off from Honeywell International Inc., becoming an independent, publicly traded company. The spin-off involved the distribution of Honeywell Aerospace shares to Honeywell stockholders and the establishment of new corporate governance structures, executive leadership, and financial reporting. Key agreements were entered into to govern the post-spin-off relationship between the two companies, including a Trademark License Agreement, Separation and Distribution Agreement, Transition Services Agreement, Tax Matters Agreement, and Employee Matters Agreement. The spin-off resulted in the creation of a new Board of Directors and changes in executive roles. Honeywell Aerospace also released unaudited supplemental quarterly financial information for the years ended December 31, 2025 and 2024, and established a commercial paper program.