Honeywell Aerospace Prepares for Phoenix Spinoff
Honeywell Aerospace is preparing for its June 29 spinoff and Nasdaq listing under the symbol HONA with a projected annual growth rate of 6% to 8% through 2030. The Phoenix-based company reported $17.4 billion in net sales for 2025 and currently maintains a $19 billion backlog for its commercial and defense systems.
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Honeywell International Inc will spin off its aerospace division on June 29, listing the $17.4 billion unit on the Nasdaq. The new entity enters the market with a $19 billion backlog and a 6% to 8% growth forecast through 2030. Investors gain direct exposure to a pure-play aviation leader capitalizing on rising military spending and commercial aftermarket demand.
