Honeywell(US:HON) Prnewswire·2025-10-22 20:15Core Insights - Honeywell is restructuring its business segments ahead of the planned spin-off of its Aerospace Technologies and Solstice Advanced Materials businesses, aiming to unlock value and drive long-term growth [1][2][10]. Business Segment Structure - Starting Q1 2026, Honeywell will report under four segments: Aerospace Technologies, Building Automation, Industrial Automation, and Process Automation and Technology, effective January 1, 2026 [2][6]. - After the Aerospace Technologies spin-off, Honeywell will focus on three reportable segments: Building Automation, Industrial Automation, and Process Automation and Technology [5][6]. Aerospace Technologies Spin-off - The Aerospace Technologies business is on track for separation in the second half of 2026, positioning itself as a leading independent aerospace supplier with a focus on electrification and autonomy in aviation [3][4]. - Honeywell Aerospace's technology is utilized across nearly all commercial and defense aircraft platforms globally, including propulsion and navigation systems [3][4]. Building Automation - Honeywell's Building Automation segment aims to enhance building operations through integrated solutions for fire prevention, security, and energy efficiency, impacting millions of buildings worldwide [7]. Industrial Automation - The Industrial Automation segment provides essential technologies and smart devices that ensure reliability and connectivity across various industrial applications [7]. Process Automation and Technology - Honeywell offers a comprehensive suite of Process Automation solutions that support digital transformation and enhance efficiency, reliability, and sustainability in industrial operations [7]. Leadership Structure Post Spin-off - Following the spin-off, Honeywell's segments will be led by dedicated CEOs for each area, reporting to Vimal Kapur, who will remain as Chairman and CEO [9].