Honeywell publishes investor presentation on planned Aerospace spin-off strategy, growth outlook

Honeywell International Inc.

HON

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Honeywell outlined plans to spin off its Aerospace business into a standalone public company focused on mission-critical aerospace and defense systems.
2025 net sales of $17.4 billion; adjusted EBIT of $4.3 billion; organic sales growth of 12%.
Backlog of about $19 billion as of March 2026; more than $90 billion of new contract wins across 2022-2025.
Sales mix skewed to commercial aftermarket at 44%; defense and space at 41%; commercial original equipment at 15%.
R&D spend of $1.8 billion in 2025, about 10% of sales; 60% customer-funded; company-funded R&D expected to exceed 4% of sales in 2026.

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