Who Owns Honeywell Aerospace?
Honeywell Aerospace is an independent publicly traded aerospace and defense company listed on Nasdaq under ticker HONA. It was formerly the Aerospace Technologies segment of Honeywell International and became a standalone company on June 29, 2026, when the spin-off completed. The business generates approximately $17 billion in annual revenue and employs roughly 40,000 people. Headquarters are in Phoenix, Arizona, USA.
Parent Company
Founded
1936
Status
Publicly Traded
Headquarters
GlobalOfficial Website
Who Owns Honeywell Aerospace?
- Parent Company: Honeywell Aerospace Inc.
- Ownership Type: Subsidiary
- Company Type: Publicly Traded
- Stock Ticker: Nasdaq: HONA
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Honeywell Aerospace | Honeywell Aerospace Inc. | Subsidiary |
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History of Honeywell Aerospace
- Founded: 1936
- Founders: Honeywell International Inc. (spin-off)
The business descends from Garrett Corporation's AiResearch division, founded in Los Angeles in 1936, which became a leading supplier of cabin pressurization, auxiliary power units, and turboprop engines for military and commercial aircraft. Garrett merged into AlliedSignal in 1985, and AlliedSignal acquired Honeywell in 1999, adopting the Honeywell name for the combined company.
As Honeywell's Aerospace Technologies segment, the business grew into the conglomerate's largest unit, generating approximately $17.5 billion in revenue in 2024. Its products powered and equipped aircraft from the Boeing 737 and Airbus A320 families to the F-35 fighter and Gulfstream business jets.
In February 2025, under pressure from activist investor Elliott Investment Management, Honeywell announced it would separate into three independent companies: aerospace, automation, and advanced materials. Solstice Advanced Materials spun off in October 2025, and on June 29, 2026, the aerospace separation completed with HONA shares beginning regular-way trading on Nasdaq.
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About Honeywell Aerospace Inc.
Independent aerospace and defense company spun off from Honeywell International in June 2026, trading on Nasdaq as HONA, headquartered in Phoenix, Arizona.
- Founded: 1936
- Headquarters: Phoenix, Arizona, USA
- Company Type: Publicly Traded
- Stock: Nasdaq: HONA
- Revenue: Approximately $17 billion (pre-separation segment revenue, 2025)
- Employees: Approximately 40,000
Where Is Honeywell Aerospace Made / Based?
- Headquarters: Phoenix, Arizona, USA
Honeywell Aerospace Categories & Tags
Honeywell Aerospace Recalls & Controversies
As a major aerospace supplier, the company operates under FAA, EASA, and defense regulatory frameworks and periodically issues service bulletins and airworthiness corrections. The 2025 to 2026 separation attracted scrutiny over pension and liability allocation between the three resulting companies, a common point of analysis for large industrial spin-offs.
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Honeywell Aerospace Ownership: Pros & Cons
Advantages
- +Largest independent tier-1 aerospace supplier position with roughly $17 billion in revenue
- +Dominant APU and business avionics market shares
- +Pure-play aerospace focus enables dedicated capital allocation
- +Record commercial and defense backlogs support multi-year visibility
Considerations
- -Newly independent company establishing its own credit and operating history
- -Execution risk typical of large corporate separations
- -Dependence on Boeing and Airbus production rates
- -Must now fund aerospace R&D without conglomerate cash flow support
Frequently Asked Questions About Honeywell Aerospace
Sources & Further Reading
Competitors to Honeywell Aerospace
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Rtx Corporation | USA | 2018 | Premium | Global | All Genders | |
| Brahmos Aerospace | India | 1998 | Mass market | Regional | All Genders | |
| Lockheed Martin | USA | 1996 | Premium | Global | All-ages | |
| General Electric | USA | 1892 | Mass market | Global | All Genders | |
| Ge Aerospace | United States | 2024 | Mass market | Global | All Genders | |
| General Electric | USA | 1917 | Premium | Global | All-ages |
Learn More About Competitors
Aerospace DefenseCollins Aerospace
Owned by RTX Corporation
Aerospace systems provider specializing in avionics, interiors, and mission systems for commercial and military aircraft. A division of RTX Corporation (NYSE: RTX). Formed in 2018 from the merger of Rockwell Collins and UTC Aerospace Systems. Headquartered in Charlotte, North Carolina.
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Aerospace DefenseF-35 Lightning II
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Aerospace DefenseGE
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Corporate brand of GE Aerospace (NYSE: GE), the jet engine and aerospace systems company that succeeded the original General Electric after the April 2024 three-way split.
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Aerospace DefenseGE Aerospace
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Aircraft engine brand of GE Aerospace, the Evendale, Ohio company behind the LEAP and GE9X programs and the world's largest installed engine fleet.
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Aerospace DefenseGE Aerospace
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Competitive Analysis
Market Positioning: Honeywell Aerospace competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
Independent Alternatives to Honeywell Aerospace
Looking for brands with different ownership structures? These similar brands are not owned by Honeywell Aerospace Inc., giving you alternative choices that support different corporate structures.
Aerospace DefenseConsolidated Precision Products
Owned by Consolidated Precision Products Corp.
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Consolidated Precision Products is privately owned, unlike Honeywell Aerospace which is under a publicly traded parent company.
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Wesco Aircraft (Incora) is privately owned, unlike Honeywell Aerospace which is under a publicly traded parent company.
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Aerospace DefenseGE
Owned by General Electric Company
Corporate brand of GE Aerospace (NYSE: GE), the jet engine and aerospace systems company that succeeded the original General Electric after the April 2024 three-way split.
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GE operates independently without a large parent corporation.
Aerospace DefenseGE Aerospace
Owned by GE Aerospace
Aircraft engine brand of GE Aerospace, the Evendale, Ohio company behind the LEAP and GE9X programs and the world's largest installed engine fleet.
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GE Aerospace operates independently without a large parent corporation.
Aerospace DefenseNew Shepard
Owned by Blue Origin
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Privately Owned
New Shepard is privately owned, unlike Honeywell Aerospace which is under a publicly traded parent company.
Honeywell Aerospace Inc. Stock Information
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