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The aerospace unit is Honeywell's biggest revenue generator, accounting for about 40% of the company's total revenue in 2024, and counts Boeing and Airbus among its customers.
Honeywell said that it may calve its aerospace division from the conglomerate, sending shares up more than 2% before the opening bell Monday. The announcement arrives about one month after Elliott ...
Honeywell ended months of speculation on Thursday by announcing it would split into three companies: Honeywell Automation, Honeywell Aerospace and Advanced Materials. The automation business will ...
Honeywell Aerospace Technologies is a manufacturer of aircraft engines and avionics, [1] as well as a producer of auxiliary power units (APUs) and other aviation products. Headquartered in Phoenix, Arizona, it is a division of the Honeywell International conglomerate. It generates approximately $10 billion in annual revenue from a 50/50 mix of ...
Honeywell International Inc. is an American publicly traded, multinational conglomerate corporation headquartered in Charlotte, North Carolina.It primarily operates in four areas of business: aerospace, building automation, industrial automation, and energy and sustainability solutions (ESS). [2]
Honeywell said on Monday it was considering a plan to separate its high-margin aerospace business, a move backed by activist investor Elliott Investment Management, which has been pushing for the ...
Honeywell offers a number of products and services across its four business groups: Aerospace, Home and Building Technologies (HBT), Safety and Productivity Solutions (SPS), and Performance Materials and Technologies (PMT). This is a partial list of products manufactured and services offered by Honeywell.
The review includes exploring strategic alternatives, such as a potential separation of its Aerospace business. Honeywell plans to share updates with its fourth-quarter 2024 earnings release.