Honeywell(US:HON) 智通财经网·2025-10-23 07:09Core Viewpoint - Honeywell (HON.US) is actively pursuing the spin-off of its aerospace technology business, which is expected to be completed in the second half of 2026, resulting in the establishment of an independent publicly traded aerospace company [1][2] Group 1: Business Restructuring - Honeywell has initiated a broader business portfolio restructuring, focusing on three core business segments: building automation, industrial automation, and process automation and technology [1] - The financial reporting structure will change on January 1, 2026, with performance disclosed across four segments: aerospace technology, building automation, industrial automation, and process automation and technology [1] Group 2: Management and Tax Implications - Post-spin-off, Honeywell's remaining business will concentrate on automation technologies in industrial, building, and process sectors, with specific management roles assigned to Billal Hammoud, Peter Lau, Jim Masso, and Ken West [2] - The spin-off of the aerospace technology business is expected to be tax-free for shareholders at the federal income tax level in the United States [2]