Honeywell Announces Major Business Segment Reorganization Ahead of 2026

Honeywell International Inc. +0.40%

Honeywell International Inc.

HON

229.12

+0.40%

Honeywell International Inc. has announced a corporate reorganization set to take effect in 2026, streamlining its business segment structure to support its automation strategy ahead of an upcoming Aerospace spin-off. The company will transition to four business segments: Aerospace Technologies, Building Automation, Industrial Automation, and Process Automation and Technology. Additionally, Honeywell will begin reporting its Advanced Materials business unit as discontinued operations from the fourth quarter of 2025, following the spin-off of Solstice. These changes will result in adjustments to the company’s financial reporting, including updated sales mix and segment margin guidance. Honeywell is also taking steps to eliminate certain corporate expenses previously allocated to the Advanced Materials segment.

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