Honeywell International Inc (HON)

HONEYWELL MODULAR TECHNOLOGY TO POWER AND AUTOMATE ACELEN RENEWABLES BIOFUEL PRODUCTIONJune 17, 2026 8:01 AM
PR Newswire (US) Modular design and integrated automation controls to help fast-track and optimize new Brazil refinery, expected to be one of the largest in the worldAcelen will use a sustainable feedstock native to Brazil, macaúba oil, to produce renewable fuelsCHARLOTTE, N.C., June 17, 2026 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced that its modular Ecofining™ process technology, specialized pumps, compressors, and integrated control and safety systems will help drive sustainable aviation fuel (SAF) and renewable diesel production for Acelen Renewables' greenfield site in Bahia, Brazil. With SAF demand projected to increase to nearly 500,000 barrels per day over the next decade1, refiners are looking for ways to scale production quickly and efficiently. Honeywell's modular delivery model shortens construction time and lowers costs, allowing SAF production faster than traditional methods."Brazil is set to produce the fuel of the future through a project that is sustainable—economically, socially, and environmentally," said Marcelo Cordaro, COO of Acelen Renewables. "The Bahia facility project supports biodiversity and fosters an economy based on sustainability. Honeywell's process technology and automation expertise will help maximize the production of lower-emission fuels at our facility, supporting the growing global demand for renewable fuels."The Honeywell UOP Ecofining process, developed with Eni SpA, efficiently converts waste fats, oils, and greases into renewable diesel and SAF that can reduce greenhouse gas emissions by up to 80% when blended with conventional jet fuel2."Honeywell's low-carbon process technologies are enabling companies like Acelen to address the growing demand for renewable fuels by using a variety of feedstocks," said Ken West, president and CEO of Honeywell Process Technology. "Technology and integrated automation play a pivotal role in reducing the cost of renewable fuels, which is essential for broad adoption. Advances in Honeywell's technology have reduced the cost to produce SAF and the use of novel, low-cost feedstocks will help further reduce production costs."Honeywell has delivered more than 1,500 modular process units, across multiple technologies, worldwide. Honeywell's integrated control and safety system is enriched by Honeywell UOP's vast operational expertise and cutting-edge technologies and is embedded within the Experion® PKS platform. As a result, it can significantly reduce project timelines and risks while helping to optimize biofuel production to achieve operational excellence. The combination of process technology and automation provides a platform for digitization and data driven operating insights.About Honeywell
Honeywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology, that help make the world smarter and safer as well as more secure and sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom. 1BloombergNEF April 2025 research2GHG reductions are based on ICAO CORSIA default lifecycle emissions values for CORSIA-eligible fuels, Table 2 - Used Cooking Oil.Contact:Media  
Whitney Ellis
704-621-4354
whitney.ellis@honeywell.com  View original content to download multimedia:https://www.prnewswire.com/news-releases/honeywell-modular-technology-to-power-and-automate-acelen-renewables-biofuel-production-302802701.htmlSOURCE Honeywell Original: HONEYWELL MODULAR TECHNOLOGY TO POWER AND AUTOMATE ACELEN RENEWABLES BIOFUEL PRODUCTION

Honeywell Technologies Unveils Three-Year Growth Targets Ahead of Aerospace Separation (HON)June 11, 2026 8:48 AM
IH Market News Honeywell (NASDAQ:HON) outlined new long-term financial objectives for Honeywell Technologies during an investor day held in New York on June 11, as the company prepares for the planned spin-off of Honeywell Aerospace on June 29. The event provided investors with a clearer view of the strategy and growth outlook for the automation-focused business that will remain following the separation. Management Sets Ambitious Financial Goals Chairman and Chief Executive Officer Vimal Kapur presented a series of three-year performance targets for Honeywell Technologies, highlighting the company’s focus on profitable growth and operational efficiency. Under the plan, Honeywell Technologies aims to deliver annual organic revenue growth of 4% to 6%, expand operating margins by more than 60 basis points each year and generate earnings growth of more than 10% annually. The company also expects free cash flow conversion to exceed 90%, reflecting its emphasis on strong cash generation. “Following a three-year process to simplify our portfolio, we have the foundation in place to accelerate profitable growth by leveraging our vast installed base and deep domain expertise in mission-critical environments,” Kapur said during the presentation. Investor Day Highlights Strategic Direction The conference, which began at 1:00 p.m. EDT, included product demonstrations and presentations covering the company’s major business segments. Management also provided segment-specific financial objectives and hosted interactive discussions with investors and analysts, offering additional insight into the company’s strategy following the aerospace separation. The event was designed to showcase Honeywell Technologies as a standalone automation business focused on industrial and mission-critical applications. Updated Financial Reporting Framework Earlier in the week, Honeywell released preliminary financial guidance for 2026 for Honeywell Technologies and announced adjustments to the way it reports certain adjusted financial metrics. The company said the changes are intended to provide investors with a clearer and more straightforward view of operating performance going forward. Management believes the revised reporting structure will improve transparency as the business begins operating independently following the spin-off. Resources Available for Investors Honeywell stated that presentation materials and a replay of the investor day webcast will remain available through its investor relations website for 30 days after the event. The company has also uploaded materials from a separate investor session held on June 8, giving shareholders additional access to management commentary and strategic updates. Aerospace Separation Nears Completion The upcoming spin-off of Honeywell Aerospace forms part of Honeywell’s broader effort to streamline its portfolio and sharpen its strategic focus. Following the separation, Honeywell Technologies will operate as a dedicated automation company serving industries where operational reliability, safety and efficiency are critical. Management believes the simplified structure will allow the business to better capitalise on its installed customer base, technological expertise and exposure to long-term automation trends, while providing investors with a more focused investment proposition. Honeywell stock price Original: Honeywell Technologies Unveils Three-Year Growth Targets Ahead of Aerospace Separation (HON)

HONEYWELL TECHNOLOGIES HOSTS 2026 INVESTOR DAY; PROVIDES NEW THREE-YEAR FINANCIAL FRAMEWORKJune 11, 2026 6:00 AM
PR Newswire (US) CHARLOTTE, N.C., June 11, 2026 /PRNewswire/ -- Honeywell (NASDAQ: HON) announced it will host an investor day for Honeywell Technologies in New York City today, June 11, ahead of the planned June 29 spin-off of Honeywell Aerospace. Honeywell Chairman and Chief Executive Officer Vimal Kapur and members of the leadership team will introduce Honeywell Technologies, provide a new growth and margin expansion framework following the planned separation of Honeywell Aerospace, demonstrate core capabilities and offerings in each strategic business segment, and introduce three-year financial targets that will lay the foundation for the company's future growth."We are at a historic moment in Honeywell's transformation as we take the final steps to become a leading, pure-play automation company with innovative offerings that operate in industries where resiliency and reliability are paramount. We have a revamped innovation machine and simplified business model approach, underpinned by our ongoing commitment to operational excellence and strategic capital deployment. Following a three-year process to simplify our portfolio, we have the foundation in place to accelerate profitable growth by leveraging our vast installed base and deep domain expertise in mission-critical environments. We expect our enhanced strategic focus will deliver 4% - 6% organic growth, more than 60 basis points of margin expansion annually, and over 10% earnings growth annually at over 90% free cash flow conversion over the next three years," said Vimal Kapur, Chairman and CEO of Honeywell.A live video webcast of its investor conference, which begins at 1:00 p.m. EDT, will be available through the investor relations section of Honeywell's website at http://www.honeywell.com/investor, and a replay of this webcast will be available for 30 days following the presentation. The presentation will showcase deep dives into the company's products and solutions, growth drivers, end markets and customer case studies, along with financial targets for Honeywell Technologies and each strategic business segment. The event will also feature extensive technology demonstrations and interactive Q&A with the leadership team.Earlier this week, the company provided a preliminary 2026 financial outlook for Honeywell Technologies and made several changes to the presentation of its adjusted results that it believes will provide a simpler, more effective basis for explaining the company's operational performance. A link to the presentation materials and replay of the webcast from June 8 can be found at http://www.honeywell.com/investor.About Honeywell
Honeywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology that help make the world smarter and safer as well as more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom. Honeywell uses our Investor Relations website, www.honeywell.com/investor, as a means of disclosing information which may be of interest or material to our investors and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our Investor Relations website, in addition to following our press releases, SEC filings, public conference calls, webcasts, and social media.We describe many of the trends and other factors that drive our business and future results in this release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including statements related to the proposed separation of Honeywell from Honeywell Aerospace and the planned sales of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. Forward-looking statements are those that address activities, events, or developments that we or our management intend, expect, project, believe, or anticipate will or may occur in the future. They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, and other relevant factors, many of which are difficult to predict and outside of our control, including Honeywell's current expectations, estimates, and projections regarding the proposed separation of Honeywell from Honeywell Aerospace and the planned sales of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. They are not guarantees of future performance, and actual results, developments, and business decisions may differ significantly from those envisaged by our forward-looking statements, including the proposed separation of Honeywell from Honeywell Aerospace and the planned sales of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses, and the anticipated benefits of each. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties, including ongoing macroeconomic and geopolitical risks, such as changes in or application of trade and tax laws and policies, including the impacts of tariffs and other trade barriers and restrictions, lower GDP growth or recession in the U.S. or globally, supply chain disruptions, capital markets volatility, inflation, and certain regional conflicts, including ongoing conflicts in the Middle East, that can affect our performance in both the near- and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved. These forward-looking statements should be considered in light of the information included in this release, our Form 10-K, and our other filings with the Securities and Exchange Commission. Any forward-looking plans described herein are not final and may be modified or abandoned at any time.This release contains financial measures presented on a non-GAAP basis. Honeywell's non-GAAP financial measures used in this release are as follows:Segment profit, on an overall Honeywell basis;Segment profit margin, on an overall Honeywell basis;Organic sales growth;Free cash flow; andAdjusted earnings per share.Management believes that, when considered together with reported amounts, these measures are useful to investors and management in understanding our ongoing operations and in the analysis of ongoing operating trends. These measures should be considered in addition to, and not as replacements for, the most comparable GAAP measure. Certain measures presented on a non-GAAP basis represent the impact of adjusting items net of tax. The tax-effect for adjusting items is determined individually and on a case-by-case basis. Refer to the Appendix attached to this release for reconciliations of non-GAAP financial measures to the most directly comparable GAAP measures.  AppendixNon-GAAP Financial Measures
The following information provides definitions of certain non-GAAP financial measures presented in this press release. Management believes that, when considered together with reported amounts, these measures are useful to investors and management in understanding our ongoing operations and in the analysis of ongoing operating trends. These measures should be considered in addition to, and not as replacements for, the most comparable GAAP measure. Certain measures presented on a non-GAAP basis represent the impact of adjusting items net of tax. The tax-effect for adjusting items is determined individually and on a case-by-case basis. Other companies may calculate these non-GAAP measures differently, limiting the usefulness of these measures for comparative purposes.Management does not consider these non-GAAP measures in isolation or as an alternative to financial measures determined in accordance with GAAP. The principal limitations of these non-GAAP financial measures are that they exclude significant expenses and income that are required by GAAP to be recognized in the consolidated financial statements. In addition, they are subject to inherent limitations as they reflect the exercise of judgments by management about which expenses and income are excluded or included in determining these non-GAAP financial measures. Investors are urged to review the reconciliation of the non-GAAP financial measures to the comparable GAAP financial measures when presented and not to rely on any single financial measure to evaluate Honeywell's business.As indicated herein, the forward-looking non-GAAP financial measures are not reconciled because management cannot reliably predict or estimate certain items for the reasons specified herein with respect to each non-GAAP financial measure.We define organic sales percent change as the year-over-year change in reported sales relative to the comparable period, excluding the impact on sales from foreign currency translation and acquisitions, net of divestitures, for the first 12 months following the transaction date. We believe this is a measure that is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends.A quantitative reconciliation of reported sales percent change to organic sales percent change has not been provided for forward-looking measures of organic sales percent change because management cannot reliably predict or estimate, without unreasonable effort, the fluctuations in global currency markets that impact foreign currency translation, nor is it reasonable for management to predict the timing, occurrence and impact of acquisition and divestiture transactions, all of which could significantly impact our reported sales percent change.We define operating income as net sales less total cost of products and services sold, research and development expenses, selling, general and administrative expenses, impairment of goodwill, and impairment of assets held for sale. We define segment profit, on an overall Honeywell basis, as operating income, excluding stock compensation expense, pension and other postretirement service costs, amortization of acquisition-related intangibles, certain acquisition- and divestiture-related costs and impairments, and repositioning and other charges. We define segment profit margin, on an overall Honeywell basis, as segment profit divided by net sales. We believe these measures are useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends.A quantitative reconciliation of operating income to segment profit, on an overall Honeywell basis, has not been provided for all forward-looking measures of segment profit and segment profit margin included herein. Management cannot reliably predict or estimate, without unreasonable effort, the impact and timing on future operating results arising from items excluded from segment profit. The information that is unavailable to provide a quantitative reconciliation could have a significant impact on our reported financial results. To the extent quantitative information becomes available without unreasonable effort in the future, and closer to the period to which the forward-looking measures pertain, a reconciliation of operating income to segment profit will be included within future filings.We define adjusted earnings per share as diluted earnings per share from continuing operations adjusted to exclude various charges, including pension income, amortization of acquisition-related intangibles, acquisition-related costs, divestiture-related costs, impairments of goodwill, indefinite-lived intangibles, and assets held for sale, losses (gains) on sale of business. We believe this is a measure that is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends.For forward-looking information, management cannot reliably predict or estimate, without unreasonable effort, pension income or the divestiture-related costs. Pension income is dependent on macroeconomic factors, such as interest rates and the return generated on invested pension plan assets. The divestiture-related costs are subject to detailed development and execution of separation restructuring plans for the announced separation of Honeywell from Honeywell Aerospace and sales of Productivity Solutions and Services and Warehouse and Workflow Solutions. We therefore do not include an estimate for pension income or divestiture-related costs. Based on economic and industry conditions, future developments, and other relevant factors, these assumptions are subject to change.Acquisition amortization and acquisition- and divestiture-related costs are significantly impacted by the timing, size, and number of acquisitions or divestitures we complete and are not on a predictable cycle and we make no comment as to when or whether any future acquisitions or divestitures may occur. We believe excluding these costs provides investors with a more meaningful comparison of operating performance over time and with both acquisitive and other peer companies.We define free cash flow as cash provided by operating activities from continuing operations less cash for capital expenditures and excluding spin-off and separation-related cost payments and the cash payment for settlement of Flexjet-related litigation matters.We believe that free cash flow is a measure that is useful to investors and management as a measure of cash generated by operations that will be used to repay scheduled debt maturities and can be used to invest in future growth through new business development activities or acquisitions, pay dividends, repurchase stock, or repay debt obligations prior to their maturities. This measure can also be used to evaluate our ability to generate cash flow from operations and the impact that this cash flow has on our liquidity.Contacts:


MediaInvestor RelationsStacey JonesMark Macaluso(980) 378-6258(704) 627-6118stacey.jones@honeywell.com mark.macaluso@honeywell.com   View original content to download multimedia:https://www.prnewswire.com/news-releases/honeywell-technologies-hosts-2026-investor-day-provides-new-three-year-financial-framework-302797342.htmlSOURCE Honeywell Original: HONEYWELL TECHNOLOGIES HOSTS 2026 INVESTOR DAY; PROVIDES NEW THREE-YEAR FINANCIAL FRAMEWORK

Honeywell shares slip after earnings outlook trails market expectations (HON)June 8, 2026 6:44 AM
IH Market News Honeywell International (NASDAQ:HON) shares fell 1.5% after the industrial and technology group released annual earnings guidance that failed to meet Wall Street forecasts, despite reaffirming its revenue and cash flow targets. Investors focused on the company’s profit outlook, which came in below consensus estimates as Honeywell continues preparations for the separation of its aerospace division later this month. Earnings forecast misses analyst expectations Honeywell projected adjusted earnings per share for 2025 in a range of $10.35 to $10.65. The midpoint of that forecast fell below analysts’ consensus estimate of $10.52, prompting a negative reaction from the market. Despite the softer earnings outlook, the company left its organic sales growth forecast unchanged at 3% to 6%, compared with market expectations of approximately 4.6%. Honeywell also maintained its revenue guidance of between $38.8 billion and $39.8 billion for the year, broadly in line with analyst expectations of $39.39 billion. Cash flow outlook remains strong The company reaffirmed its free cash flow forecast of $5.3 billion to $5.6 billion, which remains ahead of the consensus estimate of $5.23 billion. The unchanged cash generation outlook provided some support to investors, highlighting the resilience of Honeywell’s underlying operations despite concerns surrounding earnings growth. Honeywell Technologies issues first standalone framework Alongside its annual update, Honeywell unveiled preliminary financial targets for Honeywell Technologies, the business that will remain after the planned spin-off of Honeywell Aerospace on June 29. For 2026, Honeywell Technologies expects revenue of between $19.9 billion and $20.2 billion, supported by organic sales growth of 2% to 3%. The company forecasts adjusted earnings per share of $3.95 to $4.15, representing projected growth of between 22% and 28%. Focus shifts to aerospace separation Honeywell Technologies also expects operating cash flow of $4.7 billion to $5.0 billion in 2026. Free cash flow is projected to remain between $5.3 billion and $5.6 billion, representing growth of 4% to 10% compared with prior levels. The guidance update comes as Honeywell enters the final stages of its planned aerospace spin-off, a transaction designed to create a more focused industrial technology company while allowing the aerospace business to operate independently. With the separation scheduled to be completed at the end of June, investors are likely to remain focused on the future growth profile and earnings potential of both businesses as standalone entities. Original: Honeywell shares slip after earnings outlook trails market expectations (HON)

HONEYWELL REAFFIRMS 2026 OUTLOOK AHEAD OF HONEYWELL AEROSPACE SPIN-OFF; INITIATES 2026 OUTLOOK FOR HONEYWELL TECHNOLOGIESJune 8, 2026 6:00 AM
PR Newswire (US) CHARLOTTE, N.C., June 8, 2026 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced it was reaffirming its full-year 2026 guidance ahead of the planned Honeywell Aerospace spin-off on June 29, 2026. The company also provided a preliminary 2026 outlook for the remaining company post spin, which will conduct business under the name Honeywell Technologies. The company will discuss its latest outlook for 2026 during an investor conference call starting at 8:30 a.m. Eastern Daylight Time today, which precedes its 2026 Investor Day on June 11, 2026.2026 Outlook
Honeywell continues to expect sales of $38.8 billion to $39.8 billion with organic1 sales growth in the range of 3% to 6%. Segment margin2 is expected to be 22.7% to 23.1%, with segment margin2,5 expansion of 20 to 60 basis points. Adjusted earnings per share3 is expected to be $10.35 to $10.65, up 6% to 9%. The company expects operating cash flow of $4.7 billion to $5.0 billion, while free cash flow1,4 is expected to be $5.3 billion to $5.6 billion, representing growth of 4% to 10% for the full year. A summary of the company's 2026 guidance can be found below in Table 1.Honeywell Technologies Guidance Framework
The company also provided a preliminary guidance framework for the company that will remain after the Honeywell Aerospace spin-off, which is expected to be completed on June 29, 2026. This framework excludes full-year expected results for the aerospace segment. The outlook incorporates the impact of the planned divestitures of Productivity Solutions and Services (PSS) and Warehouse and Workflow Solutions, which the company announced it had reached agreements to sell in the second quarter and expects to close by the fourth quarter. The outlook includes estimated results for the Johnson Matthey Catalyst Technologies acquisition, which it announced in May 2025 and expects to close in the third quarter. Finally, the company announced that it intends to make certain changes to the presentation of its adjusted results, including removing the income stemming from an overfunded pension liability and removing the consolidated results of Quantinuum following the June 4 initial public offering. The company believes these changes provide investors with a better basis for evaluating performance going forward.Considering these updates, Honeywell Technologies expects 2026 sales of $19.9 billion to $20.2 billion with organic1 sales growth in the range of 2% to 3%. Segment margin2 is expected to be 19.8% to 20.3%, with segment margin2 expansion of 220 to 270 basis points. Adjusted earnings per share3 is expected to be $3.95 to $4.15, up 22% to 28%. Finally, the company expects free cash flow1,4 of approximately $2.0 billion. A summary of Honeywell Technologies' 2026 guidance can also be found below in Table 1.Table 1: Full-Year 2026 and 2H 2026 Guidance1
Prior Guidance(Honeywell International)2026 Guidance(Honeywell Technologies)2H 2026 Guidance(Honeywell Technologies)Sales$38.8B - $39.8B$19.9B - $20.2B$10.1B - $10.3BOrganic1 Growth3% - 6%2% - 3%3% - 5%Segment Margin22.7% - 23.1%19.8% - 20.3%20.9% - 21.6%Expansion20 - 60 bps5220 - 270 bps310 - 380 bpsAdjusted Earnings Per Share3$10.35 - $10.65$3.95 - $4.15$2.20 - $2.35Adjusted Earnings Growth36% - 9%22% - 28%   22% - 31%Operating Cash Flow$4.7B - $5.0B ~$2.1B ~$2.3BFree Cash Flow1,4          $5.3B - $5.6B~$2.0B   ~$1.5B

1See additional information at the end of this release regarding non-GAAP financial measures.2Segment margin and adjusted EPS are non-GAAP financial measures. Management cannot reliably predict or estimate, without unreasonable effort, the impact and timing on future operating results arising from items excluded from segment margin or adjusted EPS. We therefore, do not present a guidance range, or a reconciliation to, the nearest GAAP financial measures of operating margin or EPS.3Adjusted EPS and adjusted EPS V% guidance excludes items identified in the non-GAAP reconciliation of adjusted EPS at the end of this release, and any potential future one-time items that we cannot reliably predict or estimate.4With respect to historical periods, free cash flow adjusts for capital expenditures, spin-off and separation-related cost payments, Resideo indemnification and reimbursement agreement termination payment, cash payment for settlement of the divestiture of asbestos liabilities, and cash payment for settlement of Flexjet-related litigation matters. With respect to the company's outlook for 2026, free cash flow adjusts for capital expenditures, spin-off and separation-related cost payments, and cash payment for settlement of Flexjet-related litigation matters.5Segment margin expansion as compared to Adjusted segment margin in 2025.Conference Call and 2026 Investor Day Details
Honeywell will discuss its 2026 guidance during an investor conference call starting at 8:30 a.m. Eastern Daylight Time today. A live webcast of the investor call as well as related presentation materials will be available through the Investor Relations section of the company's website (www.honeywell.com/investor). A replay of the webcast will be available for 30 days following the presentation. The company will also host a live video webcast of its investor conference which will take place in New York City on Thursday, June 11, 2026. The event will feature presentations and Q&A panels with the management team. A real-time webcast of this presentation and related presentation materials can also be accessed at the company's website, and a replay of this webcast will be available for 30 days following the presentation.About Honeywell
Honeywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology that help make the world smarter and safer as well as more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.Honeywell uses our Investor Relations website, www.honeywell.com/investor, as a means of disclosing information which may be of interest or material to our investors and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our Investor Relations website, in addition to following our press releases, SEC filings, public conference calls, webcasts, and social media.We describe many of the trends and other factors that drive our business and future results in this release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including statements related to the proposed separation of Honeywell and Honeywell Aerospace and the planned sales of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. Forward-looking statements are those that address activities, events, or developments that we or our management intend, expect, project, believe, or anticipate will or may occur in the future. They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, and other relevant factors, many of which are difficult to predict and outside of our control, including Honeywell's current expectations, estimates, and projections regarding the proposed separation of Honeywell and Honeywell Aerospace and the planned sales of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. They are not guarantees of future performance, and actual results, developments, and business decisions may differ significantly from those envisaged by our forward-looking statements, including the proposed separation of Honeywell and Honeywell Aerospace and the planned sales of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses, and the anticipated benefits of each. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties, including ongoing macroeconomic and geopolitical risks, such as changes in or application of trade and tax laws and policies, including the impacts of tariffs and other trade barriers and restrictions, lower GDP growth or recession in the U.S. or globally, supply chain disruptions, capital markets volatility, inflation, and certain regional conflicts, including ongoing conflicts in the Middle East, that can affect our performance in both the near- and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved.These forward-looking statements should be considered in light of the information included in this release, our Form 10-K, and our other filings with the Securities and Exchange Commission. Any forward-looking plans described herein are not final and may be modified or abandoned at any time.This release contains financial measures presented on a non-GAAP basis. Honeywell's non-GAAP financial measures used in this release are as follows:Adjusted net sales; Adjusted net sales excluding spin-off and divestiture impact;Segment profit, on an overall Honeywell basis; Segment profit excluding spin-off and divestiture impact;Adjusted segment profit, on an overall Honeywell basis; Adjusted segment profit excluding spin-off and divestiture impact;Segment profit margin, on an overall Honeywell basis; Segment profit margin excluding spin-off and divestiture impact;Organic sales growth;Free cash flow; Free cash flow excluding spin-off and divestiture impact; andAdjusted earnings per share; Adjusted earnings per share excluding spin-off and Quantinuum divestiture impact; Adjusted earnings per share excluding spin-off and divestiture impact.Management believes that, when considered together with reported amounts, these measures are useful to investors and management in understanding our ongoing operations and in the analysis of ongoing operating trends. These measures should be considered in addition to, and not as replacements for, the most comparable GAAP measure. Certain measures presented on a non-GAAP basis represent the impact of adjusting items net of tax. The tax-effect for adjusting items is determined individually and on a case-by-case basis. Refer to the Appendix attached to this release for reconciliations of non-GAAP financial measures to the most directly comparable GAAP measures.AppendixNon-GAAP Financial MeasuresThe following information provides definitions and reconciliations of certain non-GAAP financial measures presented in this press release to which this reconciliation is attached to the most directly comparable financial measures calculated and presented in accordance with generally accepted accounting principles (GAAP).Management believes that, when considered together with reported amounts, these measures are useful to investors and management in understanding our ongoing operations and in the analysis of ongoing operating trends. These measures should be considered in addition to, and not as replacements for, the most comparable GAAP measure. Certain measures presented on a non-GAAP basis represent the impact of adjusting items net of tax. The tax-effect for adjusting items is determined individually and on a case-by-case basis. Other companies may calculate these non-GAAP measures differently, limiting the usefulness of these measures for comparative purposes.Management does not consider these non-GAAP measures in isolation or as an alternative to financial measures determined in accordance with GAAP. The principal limitations of these non-GAAP financial measures are that they exclude significant expenses and income that are required by GAAP to be recognized in the consolidated financial statements. In addition, they are subject to inherent limitations as they reflect the exercise of judgments by management about which expenses and income are excluded or included in determining these non-GAAP financial measures. Investors are urged to review the reconciliation of the non-GAAP financial measures to the comparable GAAP financial measures and not to rely on any single financial measure to evaluate Honeywell's business.As indicated herein, certain forward-looking non-GAAP financial measures are not reconciled because management cannot reliably predict or estimate certain items for the reasons specified herein with respect to each non-GAAP financial measure.Honeywell International Inc.Reconciliation of Operating Income to Segment Profit and Adjusted Segment Profit, Net Sales to Adjusted Net Sales, Calculation of
Segment Profit Margin and Adjusted Segment Profit Margin, on an Overall Honeywell Basis and Excluding Spin-off and Divestiture Impact(Unaudited)(Dollars in millions) 
Twelve Months Ended December 31, 2025
As ReportedLess: Spin-off and
Divestiture Impact(1)Excluding Spin-off and
Divestiture ImpactOperating income$                5,573$                  4,268$                1,305Stock compensation expense(4)19643153Repositioning, Other(2),(3)675231444Amortization of acquisition-related intangibles(6)57062508Pension and other postretirement service costs(3)731657Acquisition-related costs(5)2—2Indefinite-lived intangible asset impairment(6)44—44Impairment of goodwill724—724Impairment of assets held for sale270—270Segment profit$                8,127$                  4,620$                3,507Flexjet-related litigation matters373373—Adjusted segment profit$                8,500$                  4,993$                3,507



Net sales$              37,442$                17,527$              19,915Flexjet-related litigation matters312312—Adjusted net sales$              37,754$                17,839$              19,915



Adjusted segment profit$                8,500
$                3,507÷ Adjusted net sales$              37,754
$              19,915Adjusted segment profit margin22.5 %
17.6 %


1
Excludes the impacts attributable to the Aerospace Technologies business, which is expected to spin-off on June 29, 2026, and attributable to Quantinuum, due to its initial public offering on June 4, 20262
Includes repositioning, asbestos, environmental expenses, equity income adjustment, and other charges3
Included in Cost of products and services sold and Selling, general and administrative expenses4
Included in Selling, general and administrative expenses5
Included in Other (income) expense. Includes acquisition-related fair value adjustments to inventory and third-party transaction and integration costs.6
Included in Cost of products and services sold.



Six Months Ended December 31, 2025
As ReportedLess: Spin-off and
Divestiture Impact(1)Excluding Spin-off
and Divestiture ImpactOperating income$                2,009$                  1,955$                   54Stock compensation expense(4)822161Repositioning, Other(2),(3)574228346Amortization of acquisition-related intangibles(6)30323280Pension and other postretirement service costs(3)46838Acquisition-related costs(5)9—9Indefinite-lived intangible asset impairment(6)44—44Impairment of goodwill724—724Impairment of assets held for sale255—255Segment profit$                4,046$                  2,235$                1,811Flexjet-related litigation matters373373—Adjusted segment profit$                4,419$                  2,608$                1,811



Net sales$              19,196$                  9,034$              10,162Flexjet-related litigation matters312312—Adjusted net sales$              19,508$                  9,346$              10,162



Adjusted segment profit$                4,419
$                1,811÷ Adjusted net sales$               19,508
$               10,162Adjusted segment profit margin22.7 %
17.8 %


1
Excludes the impacts attributable to the Aerospace Technologies business, which is expected to spin-off on June 29, 2026, and attributable to Quantinuum, due to its initial public offering on June 4, 20262
Includes repositioning, asbestos, environmental expenses, equity income adjustment, and other charges3
Included in Cost of products and services sold and Selling, general and administrative expense4
Included in Selling, general and administrative expenses5
Included in Other (income) expense. Includes acquisition-related fair value adjustments to inventory and third-party transaction and integration costs.6
Included in Cost of products and services sold.We define operating income as net sales less total cost of products and services sold, research and development expenses, selling, general and administrative expenses, impairment of goodwill, and impairment of assets held for sale. We define segment profit, on an overall Honeywell basis, as operating income, excluding stock compensation expense, pension and other postretirement service costs, amortization of acquisition-related intangibles, certain acquisition- and divestiture-related costs and impairments, and repositioning and other charges. We define adjusted segment profit, on an overall Honeywell basis, as segment profit excluding the segment profit impact of the Flexjet-related litigation matters. We define segment profit margin, on an overall Honeywell basis, as segment profit divided by net sales. We define adjusted net sales as net sales less the sales impact of the Flexjet-related litigation matters. Management considers the nature and significance of these litigation matters to be unusual and not indicative of the Company's ongoing performance. We define adjusted segment profit margin, on an overall Honeywell basis, as adjusted segment profit divided by adjusted net sales. These measures are each shown on an overall Honeywell basis and excluding spin-off and divestiture impacts, which we define as less the respective impacts attributable to the Aerospace Technologies business, which is expected to spin-off on June 29, 2026, and attributable to Quantinuum, due to its initial public offering on June 4, 2026. We believe these measures are useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends.A quantitative reconciliation of operating income to segment profit, on an overall Honeywell basis, has not been provided for all forward-looking measures of segment profit and segment profit margin included herein. Management cannot reliably predict or estimate, without unreasonable effort, the impact and timing on future operating results arising from items excluded from segment profit. The information that is unavailable to provide a quantitative reconciliation could have a significant impact on our reported financial results. To the extent quantitative information becomes available without unreasonable effort in the future, and closer to the period to which the forward-looking measures pertain, a reconciliation of operating income to segment profit will be included within future filings.Acquisition amortization and acquisition- and divestiture-related costs are significantly impacted by the timing, size, and number of acquisitions or divestitures we complete and are not on a predictable cycle and we make no comment as to when or whether any future acquisitions or divestitures may occur. We believe excluding these costs provides investors with a more meaningful comparison of operating performance over time and with both acquisitive and other peer companies.Honeywell International Inc.Reconciliation of Earnings per Share to Adjusted Earnings per Share Excluding Spin-off and Quantinuum Divestiture Impact(Unaudited) 
Twelve Months Ended December 31, 2025
As ReportedLess: Spin-off
and
Quantinuum
Divestiture
Impact(1)Excluding
Spin-off and
Quantinuum
Divestiture
ImpactEarnings per share of common stock from continuing operation - diluted(2)$         6.94$         5.19$         1.75Pension income(3)(0.46)(0.39)(0.07)Amortization of acquisition-related intangibles(4)0.670.080.59Acquisition-related costs(5)0.05—0.05Divestiture-related costs(6)0.720.310.41Indefinite-lived intangible asset impairment(7)0.07—0.07Impairment of goodwill(8)1.13—1.13Impairment of assets held for sale(9)0.32—0.32Loss (gain) on sale of business(10)0.04—0.04Gain related to Resideo indemnification and reimbursement agreement termination(11)(1.25)—(1.25)Adjustment to estimated future environmental liabilities(12)0.250.220.03Loss on expected settlement of divestiture of asbestos liabilities(13)0.17—0.17Flexjet-related litigation matters(14)0.480.48—Adjusted earnings per share of common stock from continuing operations - diluted$         9.135.89$         3.24


1
Excludes the impacts attributable to the Aerospace Technologies business, which is expected to spin-off on June 29, 2026, and attributable to Quantinuum, due to its initial public offering on June 4, 2026.2
For the twelve months ended December 31, 2025, adjusted earnings per share utilizes weighted average shares of approximately $642.8 million.3
For the twelve ended December 31, 2025, pension income as reported was $293 million, net of tax expense of $88 million. For the twelve months ended December 31, 2025, pension income excluding spin-off and Quantinuum divestiture impact was $44 million, net of tax expense of $24 million.4
For the twelve months ended December 31, 2025, acquisition-related intangibles amortization as reported was $432 million, net of tax benefit of $138 million.  For the twelve months ended December 31, 2025, acquisition-related intangibles amortization excluding spin-off and Quantinuum divestiture impact was $382 million, net of tax benefit of $121 million.5
For the twelve months ended December 31, 2025, the adjustment for acquisition-related costs, which is principally comprised of third-party transaction and integration costs and acquisition-related fair value adjustments to inventory, is $35 million, net of tax benefit of $10 million.6
For the twelve months ended December 31, 2025, the adjustment for divestiture-related costs, which is principally comprised of third-party transaction costs, was $460 million as reported, net of tax benefit of approximately $61 million. For the twelve months ended December 31, 2025, divestiture-related costs excluding spin-off and Quantinuum divestiture impact was $261 million, net of tax expense of approximately $31 million.7
For the twelve months ended December 31, 2025, the impairment charge of indefinite-lived intangible assets associated with the Industrial Automation reportable segment was $44 million, without tax benefit. 8
For the twelve months ended December 31, 2025, the impairment charge of goodwill associated with the Industrial Automation reportable segment was $724 million, without tax benefit.9
For the twelve months ended December 31, 2025, the impairment charge of assets held for sale was $209 million, net of tax benefit of $61 million.10
For the twelve months ended December 31, 2025, the adjustment for loss on sale of the personal protective equipment business was $28 million, net of tax benefit of $2 million. 11
For the twelve months ended December 31, 2025, the gain related to the Resideo indemnification and reimbursement agreement termination was $802 million, without tax expense.12
In the twelve months ended December 31, 2025, the Company enhanced its process for estimating environmental liabilities at sites undergoing active remediation, which led to earlier recognition of the estimated probable liabilities and an increase to estimated environmental liabilities. For the twelve months ended December 31, 2025, the adjustment to increase environmental liabilities as reported was $161 million, net of tax benefit of $50 million. For the twelve months ended December 31, 2025, the adjustment to increase environmental liabilities excluding spin-off and Quantinuum divestiture impact was $22 million, net of tax benefit $7 million.13
For the twelve months ended December 31, 2025, the adjustment for loss on settlement of divestiture of asbestos liabilities was $112 million, net of tax benefit of $36 million.14
For the twelve months ended December 31, 2025, the adjustment for the Flexjet-related litigation matters was $302 million, net of tax benefit of $71 million. Management considers the nature and significance of these litigation matters to be unusual and not indicative of the Company's ongoing performance.



Six Months Ended December 31, 2025
As ReportedLess: Spin-off
and
Quantinuum
Divestiture
Impact(1)Excluding
Spin-off and
Quantinuum
Divestiture
ImpactEarnings per share of common stock from continuing operation - diluted(2)$         2.80$         2.11$         0.69Pension income(3)(0.19)(0.21)0.02Amortization of acquisition-related intangibles(4)0.360.030.33Acquisition-related costs(5)0.05—0.05Divestiture-related costs(6)0.610.370.24Indefinite-lived intangible asset impairment(7)0.07—0.07Impairment of goodwill(8)1.13—1.13Impairment of assets held for sale(9)0.32—0.32Loss (gain) on sale of business———Gain related to Resideo indemnification and reimbursement agreement termination(10)(1.25)—(1.25)Adjustment to estimated future environmental liabilities(11)0.250.220.03Loss on expected settlement of divestiture of asbestos liabilities(12)0.17—0.17Flexjet-related litigation matters(13)0.480.480.00Adjusted earnings per share of common stock from continuing operations - diluted$         4.80$         3.00$         1.80


1
Excludes the impacts attributable to the Aerospace Technologies business, which is expected to spin-off on June 29, 2026, and attributable to Quantinuum, due to its initial public offering on June 4, 20262
For the six months ended December 31, 2025, adjusted earnings per share utilizes weighted average shares of approximately $640.8 million.3
For the six months ended December 31, 2025, pension income as reported was $120 million, net of tax expense of $36 million. For the six months ended December 31, 2025, pension expense excluding spin-off and Quantinuum divestiture impact was $16 million, net of tax expense of $6 million. 4
For the six months ended December 31, 2025, acquisition-related intangibles amortization as reported was $230 million, net of tax benefit $73 million. For the six months ended December 31, 2025, acquisition-related intangibles amortization excluding spin-off and Quantinuum divestiture impact was $210 million, net of tax benefit $67 million.5
For the six months ended December 31, 2025, the adjustment for acquisition-related costs, which is principally comprised of third-party transaction and integration costs and acquisition-related fair value adjustments to inventory, is $30 million, net of tax benefit of $9 million. 6
For the six months ended December 31, 2025, divestiture-related costs as reported was $393 million, net of tax benefit of approximately $59 million. For the six months ended December 31, 2025, divestiture-related costs excluding spin-off and Quantinuum divestiture impact was $154 million, net of tax benefit of approximately $28 million.7
For the six months ended December 31, 2025, the impairment charge of indefinite-lived intangible assets associated with the Industrial Automation reportable segment was $44 million, without tax benefit. 8
For the six months ended December 31, 2025, the impairment charge of goodwill associated with the Industrial Automation reportable segment was $724 million, without tax benefit.9
For the six months ended December 31, 2025, the impairment charge of assets held for sale was $209 million, net of tax benefit of $61 million.10
For the six months ended December 31, 2025, the gain related to the Resideo indemnification and reimbursement agreement termination was $802 million, without tax expense.11
In the six months ended December 31, 2025, the Company enhanced its process for estimating environmental liabilities at sites undergoing active remediation, which led to earlier recognition of the estimated probable liabilities and an increase to estimated environmental liabilities. For the six months ended December 31, 2025, the adjustment to increase environmental liabilities as reported was $161 million, net of tax benefit of $50 million. For the six months ended December 31, 2025, the adjustment to increase environmental liabilities excluding spin-off and Quantinuum divestiture impact was $22 million, net of tax benefit $7 million.12
For the six months ended December 31, 2025, the adjustment for loss on settlement of divestiture of asbestos liabilities was $112 million, net of tax benefit of $36 million.13
For the six months ended December 31, 2025, the adjustment for the Flexjet-related litigation matters was $302 million, net of tax benefit of $71 million. Management considers the nature and significance of these litigation matters to be unusual and not indicative of the Company's ongoing performance.We define adjusted earnings per share as diluted earnings per share from continuing operations adjusted to exclude various charges as listed above. We define adjusted earnings per share excluding spin-off and Quantinuum divestiture impact as adjusted earnings per share less impact of adjusted earnings per share attributable to the Aerospace Technologies business, which is expected to spin-off on June 29, 2026, and attributable to Quantinuum, due to its initial public offering on June 4, 2026. We believe these measures are useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends.Honeywell International Inc.Reconciliation of Earnings per Share to Adjusted Earnings per Share Excluding Spin-off and Divestiture Impact(Unaudited) 
Twelve Months Ended December 31, 2026(E)
Six Months
Ended
December 31,
2026(E)
Previous
GuidanceLess: Spin-off
and Divestiture
Impact(1)Guidance
Excluding Spin-
off and
Divestiture
Impact
GuidanceEarnings per share of common stock from continuing operation - diluted(2)$8.87 - $9.17$5.98-$6.08$2.89 - $3.09
$1.84 - $1.99Pension income(3)No ForecastNo ForecastNo Forecast
No ForecastAmortization of acquisition-related intangibles(4)0.750.110.64
0.32Acquisition-related costs(5)0.05—0.05
0.02Divestiture-related costsNo ForecastNo ForecastNo Forecast
No ForecastDebt restructuring costs(6)0.36—0.36
—ERP implementation costs(7)0.02—0.02
0.02Impairment of assets held for sale(8)0.310.31—
—Loss (gain) on sale of business(9)(0.01)—(0.01)
—Adjusted earnings per share of common stock from continuing operations - diluted$10.35 - $10.65$6.40 - $6.50$3.95 - $4.15
$2.20 - $2.35


1
Excludes the forecasted earnings attributable to the Aerospace Technologies business, due to the expected spin-off on June 29, 2026, attributable to Quantinuum, due to its initial public offering on June 4, 2026, and attributable to Productivity Solutions and Services and Warehouse and Workflow Solutions 2H26, which is expected to be sold during the second half of 2026.2
For the twelve and six months ended December 31, 2026, expected earnings per share utilizes weighted average shares of approximately 639 million.3
Beginning second quarter 2026, we will exclude the full amount of pension income, including the related tax effects, from adjusted earnings per share. Prior to the second quarter 2026, we excluded only pension mark-to-market expense, including the related tax effects, from adjusted earnings per share.4
For the twelve months ended December 31, 2026, expected acquisition-related intangibles amortization excluding spin and divestiture impact includes approximately $480 million, net of tax benefit of approximately $115 million. For the twelve months ended December 31, 2026, expected adjusted acquisition-related intangibles amortization includes $405 million, net of tax benefit of approximately $95 million. For the six months ended December 31, 2026, expected acquisition-related intangibles amortization includes approximately $205 million, net of tax benefit of approximately $45 million.5
For the twelve months ended December 31, 2026, the expected adjustment for acquisition-related costs, which is principally comprised of third-party transaction and integration costs and acquisition-related fair value adjustments to inventory, is approximately $35 million, net of tax benefit of approximately $10 million. For the six months ended December 31, 2026, the expected adjustment for acquisition-related costs, which is comprised of third-party transaction and integration costs, is approximately $10 million, without tax benefit.6
For the twelve months ended December 31, 2026, the expected adjustment for debt restructuring costs is $230 million, net of tax benefit of $70 million.7
For the twelve months ended December 31, 2026, the expected adjustment for ERP implementation costs is approximately $15 million, net of tax benefit of approximately $5 million. For the six months ended December 31, 2026, the expected adjustment for ERP implementation costs is approximately $10 million, without tax benefit. 8
For the twelve months ended December 31, 2026, the expected impairment charge of assets held for sale is $200 million, net of tax benefit of $63 million.9
For the twelve months ended December 31, 2026, the expected gain on sale of personal protection equipment business is $5 million, net of tax expense of $1 million.We define adjusted earnings per share as diluted earnings per share from continuing operations adjusted to exclude various charges as listed above. We define adjusted earnings per share excluding spin-off and divestiture impact as adjusted earnings per share less impact of adjusted earnings per share attributable to the Aerospace Technologies business, attributable to Quantinuum, and attributable to the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses, which are held for sale. We believe these measures are useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends.For forward-looking information, management cannot reliably predict or estimate, without unreasonable effort, pension income or the divestiture-related costs. Pension income is dependent on macroeconomic factors, such as interest rates and the return generated on invested pension plan assets. The divestiture-related costs are subject to detailed development and execution of separation restructuring plans for the announced separation of Honeywell from Honeywell Aerospace and sales of Productivity Solutions and Services and Warehouse and Workflow Solutions. We therefore do not include an estimate for pension income or divestiture-related costs. Based on economic and industry conditions, future developments, and other relevant factors, these assumptions are subject to change.Acquisition amortization and acquisition- and divestiture-related costs are significantly impacted by the timing, size, and number of acquisitions or divestitures we complete and are not on a predictable cycle and we make no comment as to when or whether any future acquisitions or divestitures may occur. We believe excluding these costs provides investors with a more meaningful comparison of operating performance over time and with both acquisitive and other peer companies.We define adjusted income before taxes as income before taxes from continuing operations adjusted for items presented above. We define adjusted income tax expense as income tax expense adjusted for tax impact of items presented above. We define adjusted effective tax rate as adjusted income tax expense divided by adjusted income before taxes.We believe that adjusted effective tax rate is a non-GAAP measure that is useful to investors and management as an ongoing representation of our tax rate excluding one-off and unusual transactions. This measure can be used to evaluate our tax rate on our recurring operations. For forward looking information, we do not provide effective tax rate guidance on a GAAP basis as management cannot reliably predict or estimate, without unreasonable effort, the pension mark-to-market expenses and other one-off and unusual transactions.Honeywell International Inc.Reconciliation of Cash Provided by Operating Activities to Free Cash Flow Excluding Spin-off and Divestiture Impact(Unaudited)(Dollars in millions) 
Twelve Months Ended December 31, 2026 (E)
Six Months
Ended
December 31,
2026(E)
Previous
GuidanceLess: Spin-
off and
Divestiture
Impact(1)Guidance
Excluding
Spin-off and
Divestiture
Impact
GuidanceCash provided by operating activities from continuing operations~$4.4 - $4.7~(2.4)~$2.0 - $2.3
$2.2 - $2.4Capital expenditures~(1.3)~0.7~(0.6)
~(1.0)Spin-off and separation-related cost payments~1.8~(1.4)~0.4
~0.2Settlement of Flexjet-related litigation matters~0.4~(0.4)—
—Free cash flow~$5.3 - $5.6~$3.5~$1.8 - $2.1
~$1.4 - $1.6


1
The forecasted cash flows attributable to the Aerospace Technologies business are excluded due to the expected spin-off on June 29, 2026. The forecasted cash flows attributable to Productivity Solutions and Services and Warehouse and Workflow Solutions are excluded due to divestitures expected to close during the second half of 2026. The forecasted cash flows attributable to Quantinuum are excluded due to its initial public offering on June 4,2026.We define free cash flow as cash provided by operating activities from continuing operations less cash for capital expenditures and excluding spin-off and separation-related cost payments and the cash payment for settlement of Flexjet-related litigation matters. We define free cash flow excluding spin-off and divestiture impact as free cash flow less free cash flow attributable to the Aerospace Technologies business, which is expected to spin-off on June 29, 2026, attributable to the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses, which are held for sale, and attributable to Quantinuum, due to its initial public offering on June 4, 2026.We believe that free cash flow and free cash flow excluding spin-off and divestiture impact are non-GAAP measures that are useful to investors and management as a measure of cash generated by operations that will be used to repay scheduled debt maturities and can be used to invest in future growth through new business development activities or acquisitions, pay dividends, repurchase stock, or repay debt obligations prior to their maturities. These measures can also be used to evaluate our ability to generate cash flow from operations and the impact that this cash flow has on our liquidity.Contacts: 
MediaInvestor RelationsStacey JonesMark Macaluso(980) 378-6258(704) 627-6118stacey.jones@honeywell.commark.macaluso@honeywell.com View original content:https://www.prnewswire.com/news-releases/honeywell-reaffirms-2026-outlook-ahead-of-honeywell-aerospace-spin-off-initiates-2026-outlook-for-honeywell-technologies-302793436.htmlSOURCE Honeywell Original: HONEYWELL REAFFIRMS 2026 OUTLOOK AHEAD OF HONEYWELL AEROSPACE SPIN-OFF; INITIATES 2026 OUTLOOK FOR HONEYWELL TECHNOLOGIES

HONEYWELL BOARD OF DIRECTORS SETS RECORD DATE AND ANNOUNCES EXPECTED TIMING FOR SPIN-OFF OF HONEYWELL AEROSPACE AND HONEYWELL REVERSE STOCK SPLITJune 5, 2026 4:27 PM
PR Newswire (US) Record date set for June 15, 2026Distribution expected to occur on June 29, 2026, with shareowners of record expected to receive one share of Honeywell Aerospace common stock for every two shares of Honeywell common stock ownedHoneywell Aerospace expected to begin trading on Nasdaq on June 29, 2026, under the ticker symbol "HONA"Honeywell reverse stock split expected to occur on June 29, 2026CHARLOTTE, N.C., June 5, 2026 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced that its Board of Directors has set a record date of June 15, 2026 (the "Record Date") for the previously announced spin-off of Honeywell Aerospace. To execute the spin-off, Honeywell will distribute all of the issued and outstanding shares of Honeywell Aerospace common stock pro rata to Honeywell shareowners of record on the Record Date.  The Board expects the distribution to occur at 12:01 a.m., New York City time, on June 29, 2026 (the "Distribution Date"), on the basis of a distribution ratio of one share of Honeywell Aerospace common stock for every two shares of Honeywell common stock held as of the close of business on the Record Date.Following the distribution, Honeywell Aerospace common stock is expected to begin trading on the Nasdaq Stock Market LLC ("Nasdaq") on June 29, 2026, under the ticker symbol "HONA." Honeywell will continue to trade on Nasdaq under the ticker symbol "HON.""Honeywell Aerospace is entering an exciting new chapter that will allow us to accelerate innovation as we shape the future of aviation," said Jim Currier, President and CEO of Honeywell Aerospace. "As a standalone pure-play aerospace supplier, we will be able to capitalize on emerging opportunities across both commercial and defense markets, deepen our customer partnerships and deliver long-term value for our shareowners.""As we approach the historic separation of Honeywell Aerospace and Honeywell Technologies, we are confident that both businesses are well positioned to accelerate value creation as independent companies," said Vimal Kapur, Chairman and CEO of Honeywell. "This moment not only builds on our portfolio transformation over the past three years, but it also builds on Honeywell's 140-year legacy that shaped these businesses into the market-leaders they are today."Completion of the spin-off is conditioned upon the satisfaction or waiver of certain conditions, including, among other things, the Board having declared the distribution, as set forth in the form of Separation and Distribution Agreement filed with the U.S. Securities and Exchange Commission (the "SEC") as part of the registration statement on Form 10.The spin-off is expected to be tax-free to Honeywell shareowners for U.S. federal income tax purposes, except for cash that shareowners may receive in lieu of fractional shares.When-Issued Trading MarketHoneywell anticipates that Honeywell Aerospace common stock will begin trading on Nasdaq under the ticker symbol "HONAV" on a "when-issued" basis on or about June 15, 2026.  Honeywell Aerospace common stock is expected to begin "regular-way" trading on Nasdaq under the ticker symbol "HONA" on June 29, 2026.Shares of Honeywell common stock are expected to continue to trade "regular-way" on Nasdaq under the current ticker symbol "HON" from the Record Date through the Distribution Date.  However, beginning on June 15, 2026 and continuing through June 26, 2026, it is expected that there will be two markets in Honeywell common stock on Nasdaq:  a "regular-way" market under Honeywell's current ticker symbol "HON," in which Honeywell shares will trade with the right to receive shares of Honeywell Aerospace common stock on the Distribution Date, and an "ex distribution" market under the ticker symbol "HONIV", in which Honeywell shares will trade without the right to receive shares of Honeywell Aerospace common stock on the Distribution Date.Honeywell shareowners are encouraged to consult their financial advisors regarding the specific implications of buying, selling or holding shares of Honeywell common stock on or before the Distribution Date.Reverse Stock SplitHoneywell also announced today that it has determined to proceed with a 1-for-2 reverse stock split and a proportionate reduction in Honeywell's number of authorized shares of common stock, subject to and contingent upon the completion of the Honeywell Aerospace spin-off.When the reverse stock split becomes effective, which is expected to occur at 12:02 a.m., New York City time, on June 29, 2026, every two shares of Honeywell common stock issued and outstanding or held by Honeywell as treasury shares will be automatically combined into one share of Honeywell common stock. This will reduce the number of issued and outstanding shares of Honeywell common stock from approximately 634 million to approximately 317 million.  Concurrently with the reverse stock split, the number of shares of Honeywell common stock authorized for issuance will also be reduced from 2 billion to 1 billion. The par value of Honeywell common stock will not change.No fractional shares will be issued in connection with the reverse stock split. As soon as practicable after the effective time of the reverse stock split, Honeywell's transfer agent will aggregate such fractional shares into whole shares and sell the whole shares at the then-prevailing trading prices in the open market on behalf of those shareowners who would otherwise be entitled to receive a fractional share, and after Honeywell's transfer agent's completion of such sale, such shareowners will receive a cash payment (without interest or deduction) from Honeywell's transfer agent in an amount equal to their respective pro rata shares of the total net proceeds of that sale and, where shares are held in certificated form, upon the surrender of such shareowners' stock certificates.Outstanding Honeywell equity-based awards and shares or share units under Honeywell's benefit plans will be proportionately adjusted.Honeywell common stock will continue trading on Nasdaq (under the symbol "HON"). The new CUSIP number for Honeywell common stock following the reverse stock split will be 438516205.Additional information concerning the reverse stock split can be found in Honeywell's definitive proxy statement filed with the SEC on April 10, 2026.About HoneywellHoneywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology that help make the world smarter and safer as well as more sustainable.About Honeywell AerospaceHoneywell Aerospace Inc. is a leading global tier-1 aerospace and defense supplier of mission critical systems and technologies that enable the production, maintenance, and safe operation of aerospace and defense platforms. Its systems and technologies support original equipment manufacturers, government, defense prime contractor and aircraft operator customers across the Commercial Air Transport, Defense and Space, and Business Aviation end markets. The company's comprehensive portfolio of market leading systems and technologies are organized into the following segments: Electronic Solutions, Engines & Power Systems and Control Systems.Additional InformationHoneywell uses our Investor Relations website, www.honeywell.com/investor, as a means of disclosing information which may be of interest or material to our investors and for complying with disclosure obligations under Regulation FD.  Accordingly, investors should monitor our Investor Relations website, in addition to following our press releases, SEC filings, public conference calls, webcasts, and social media.Forward-Looking StatementsCertain statements in this release are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended.  Forward-looking statements are those that address activities, events, or developments that management intends, expects, projects, believes, or anticipates will or may occur in the future.  They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, and other relevant factors, many of which are difficult to predict and outside of our control.  They are not guarantees of future performance, and actual results, developments and business decisions may differ significantly from those envisaged by our forward-looking statements.  We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law.  Our forward-looking statements are also subject to material risks and uncertainties, including ongoing macroeconomic and geopolitical risks, such as changes in or application of trade and tax laws and policies, including the impacts of tariffs and other trade barriers and restrictions, lower GDP growth or recession in the U.S. or globally, supply chain disruptions, capital markets volatility, inflation, and certain regional conflicts, that can affect our performance in both the near- and long-term.  In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved.  Some of the important factors that could cause Honeywell's actual results to differ materially from those projected in any such forward-looking statements include, but are not limited to: (i) the ability of Honeywell to effect the spin-off transaction described above and to meet the conditions related thereto; (ii) the possibility that the spin-off transaction will not be completed within the anticipated time period or at all; (iii) the possibility that the spin-off transaction will not achieve its intended benefits; (iv) the impact of the spin-off transaction on Honeywell's businesses and the risk that the spin-off transaction may be more difficult, time-consuming or costly than expected, including the impact on Honeywell's resources, systems, procedures and controls, diversion of management's attention and the impact and possible disruption of existing relationships with regulators, customers, suppliers, employees and other business counterparties; (v) the possibility of disruption, including disputes, litigation or unanticipated costs, in connection with the spin-off transaction; (vi) the uncertainty of the expected financial performance of Honeywell or Honeywell Aerospace following completion of the spin-off transaction; (vii) negative effects of the announcement or pendency of the spin-off transaction on the market price of Honeywell's securities and/or on the financial performance of Honeywell; (viii) the ability to achieve anticipated capital structures in connection with the spin-off transaction, including the future availability of credit and factors that may affect such availability; (ix) the ability to achieve anticipated tax treatments in connection with the spin-off transaction and future, if any, divestitures, mergers, acquisitions and other portfolio changes and the impact of changes in relevant tax and other laws; (x) the failure to realize expected benefits and effectively manage and achieve anticipated synergies and operational efficiencies in connection with the spin-off transaction and completed and future, if any, divestitures, mergers, acquisitions, and other portfolio management, productivity and infrastructure actions; and (xi) the possibility that the reverse stock split and authorized share reduction will not be completed within the anticipated time period or at all, including due to a failure of the spin-off transaction to occur.  These forward-looking statements should be considered in light of the information included in this release, our Form 10-K and other filings with the SEC.  Any forward-looking plans described herein are not final and may be modified or abandoned at any time.Honeywell Contacts:  


MediaInvestor Relations Stacey JonesMark Macaluso (980) 378-6258(704) 627-6118 Stacey.Jones@honeywell.comMark.Macaluso@honeywell.com

Honeywell Aerospace Contacts:  


MediaInvestor Relations Brian GraceSean Meakim (602) 897-0205(704) 627-6200 Brian.Grace@honeywellaerospace.usSean.Meakim@honeywellaerospace.us   View original content:https://www.prnewswire.com/news-releases/honeywell-board-of-directors-sets-record-date-and-announces-expected-timing-for-spin-off-of-honeywell-aerospace-and-honeywell-reverse-stock-split-302793079.htmlSOURCE Honeywell Original: HONEYWELL BOARD OF DIRECTORS SETS RECORD DATE AND ANNOUNCES EXPECTED TIMING FOR SPIN-OFF OF HONEYWELL AEROSPACE AND HONEYWELL REVERSE STOCK SPLIT

HONEYWELL APPOINTS JILL EVANKO TO BOARD OF DIRECTORSJune 1, 2026 4:05 PM
PR Newswire (US) CHARLOTTE, N.C., June 1, 2026 /PRNewswire/ -- Honeywell (NASDAQ: HON) announced today that its Board of Directors has appointed Jillian (Jill) Evanko, 48, Chief Executive Officer of Duravant, LLC, to its Board of Directors as an Independent Director and Audit Committee member, effective immediately. Following the spin-off of Honeywell's Aerospace business expected on June 29, 2026, it is anticipated that Craig Arnold, Bill Ayer, Scott Davis and Deborah Flint will join the Board of Honeywell Aerospace, and that Evanko will serve on the Honeywell Board alongside current directors Vimal Kapur, Duncan Angove, Michael Lamach, Grace Lieblein, Indra Nooyi, Marc Steinberg, Robin Watson and Stephen Williamson.Evanko has more than 25 years of experience across the industrial and manufacturing sectors. Prior to joining Duravant in January 2026, she spent nearly a decade at Chart Industries, Inc., most recently as President and CEO and prior to that as Chief Financial Officer. As CEO of Chart Industries, she oversaw the company's strategic direction across capital allocation, operational excellence, transformative acquisitions and growth objectives to increase the company's market capitalization.Prior to Chart Industries, Evanko served as the Chief Financial Officer of Truck-Lite Co., LLC and held multiple operational and financial executive positions at Dover Corporation and its subsidiaries. Earlier, she held financial and operational roles at Arthur Andersen, LLP, Honeywell and Sony Corporation."We are pleased to welcome Jill to Honeywell's Board of Directors at an exciting moment for our company," said Vimal Kapur, Chairman and Chief Executive Officer of Honeywell. "Jill's extensive leadership experience across the industrial and manufacturing sectors combined with her deep expertise in advanced automation and operational excellence will be highly valuable to our Board in this next chapter. In addition to bringing a proven track record of unlocking value and accelerating innovation, Jill also has direct knowledge of our business from her time in our corporate finance organization that will enable her to bring a distinct perspective to the Board."Evanko currently serves as an independent director of the board of Greif, Inc. She previously served on the board of directors of Chart Industries, Parker Hannifin and Alliant Energy and its affiliates. She also serves on the non-profit board of directors of the National Association of Manufacturers.Evanko holds a master of business administration (MBA) from The University of Notre Dame and a bachelor of science in business administration from La Salle University.About Honeywell 
Honeywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology that help make the world smarter and safer as well as more secure and sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.Forward Looking Statements 
We describe many of the trends and other factors that drive our business and future results in this release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including statements related to the proposed separation of Automation and Aerospace Technologies and the planned sale of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. Forward-looking statements are those that address activities, events, or developments that we or our management intend, expect, project, believe, or anticipate will or may occur in the future. They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, and other relevant factors, many of which are difficult to predict and outside of our control, including Honeywell's current expectations, estimates, and projections regarding the proposed separation of Automation and Aerospace Technologies and the planned sale of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. They are not guarantees of future performance, and actual results, developments, and business decisions may differ significantly from those envisaged by our forward-looking statements, including the proposed separation of Automation and Aerospace Technologies and the planned sale of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses, and the anticipated benefits of each. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties, including ongoing macroeconomic and geopolitical risks, such as changes in or application of trade and tax laws and policies, including the impacts of tariffs and other trade barriers and restrictions, lower GDP growth or recession in the U.S. or globally, supply chain disruptions, capital markets volatility, inflation, and certain regional conflicts, including ongoing conflicts in the Middle East, that can affect our performance in both the near- and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved. These forward-looking statements should be considered in light of the information included in this release, our Form 10-K, and our other filings with the Securities and Exchange Commission. Any forward-looking plans described herein are not final and may be modified or abandoned at any time.Contacts:
Media Investor RelationsStacey JonesMark Macaluso(980) 378-6258 (704) 627-6118Stacey.Jones@honeywell.commark.macaluso@honeywell.com  View original content to download multimedia:https://www.prnewswire.com/news-releases/honeywell-appoints-jill-evanko-to-board-of-directors-302787473.htmlSOURCE Honeywell International Original: HONEYWELL APPOINTS JILL EVANKO TO BOARD OF DIRECTORS

Honeywell Unveils New Corporate Identities Ahead of Planned Business Separation (HON)June 1, 2026 6:41 AM
IH Market News Honeywell (NASDAQ:HON) has introduced the branding and corporate identities that will be adopted by its two future standalone companies as the group prepares to complete its planned separation on June 29, 2026. The move represents another milestone in Honeywell’s restructuring strategy, which will split the company into two independently listed businesses focused on automation technologies and aerospace operations. Automation Business to Continue Under Honeywell Name Following the separation, the automation-focused company will continue operating under the Honeywell brand and will be known as Honeywell Technologies. The business will remain listed on Nasdaq and continue trading under the existing ticker symbol “HON.” According to the company, the decision reflects the strength and recognition of the Honeywell brand, which it estimates is currently valued at approximately $18 billion. Aerospace Division Adopts New Market Identity The aerospace operation will become a separate publicly traded company under the name Honeywell Aerospace. Once the spinoff is completed, its shares are expected to trade on Nasdaq under the ticker “HONA.” While operating independently, the aerospace company will continue to draw upon Honeywell’s longstanding history and reputation within the aviation and aerospace industries. Leadership Highlights Strategic Transformation Chairman and Chief Executive Officer Vimal Kapur described the announcement as an important step in the company’s evolution. “Today marks another defining moment in our transformation into two independent, focused companies,” said Vimal Kapur, Chairman and CEO of Honeywell. “Drawing on Honeywell’s century-long legacy, these new brand identities honor our history while reflecting the bold vision and strategic focus that will define Honeywell Technologies and Honeywell Aerospace as standalone companies.” The company said both brands were designed to preserve the heritage of Honeywell while emphasizing the distinct strategic priorities of each future organization. Distinct Visual Branding for Each Company Honeywell Technologies will continue using the company’s well-known red color scheme as the centerpiece of its visual identity. The brand will also incorporate an expanded color palette and a newly developed “HT” monogram intended to reflect its focus on industrial automation and technology solutions. Meanwhile, Honeywell Aerospace will adopt a sunrise orange color theme accompanied by a stylized logo combining the letters “H” and “A.” The company said the branding was designed to convey innovation, performance and long-term growth ambitions within the aerospace sector. Aerospace CEO Emphasizes Heritage and Innovation Jim Currier, President and Chief Executive Officer of Honeywell Aerospace, said the new identity reflects the business’s long-standing role in aviation technology. “reflects the precision, confidence and forward momentum that has defined the past century of innovation and trusted performance we have delivered for our customers and partners.” The aerospace division is expected to continue serving commercial aviation, defense and advanced aerospace markets as an independent entity. Investor Events Scheduled Ahead of Separation As part of preparations for the separation, both companies will host dedicated investor events to outline their future strategies. Honeywell Aerospace is scheduled to hold an investor day in Phoenix, Arizona, on June 3, 2026. Honeywell Technologies will follow with its own investor presentation in New York City on June 11, 2026. Aerospace Business Secures Long-Term Rights to Honeywell Name Under the terms of the separation agreement, Honeywell Aerospace will retain the right to use the Honeywell name for up to 75 years after becoming an independent company. The arrangement is intended to preserve brand continuity and leverage the reputation built by Honeywell over more than a century of operations while allowing both businesses to pursue their own strategic objectives as separate public companies. Original: Honeywell Unveils New Corporate Identities Ahead of Planned Business Separation (HON)

HONEYWELL UNVEILS NEW BRANDS EFFECTIVE POST SPIN-OFF: HONEYWELL TECHNOLOGIES AND HONEYWELL AEROSPACEJune 1, 2026 12:05 AM
PR Newswire (US) CHARLOTTE, N.C., June 1, 2026 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced the new brand identities for its automation and aerospace businesses - Honeywell Technologies and Honeywell Aerospace. These will become two independent, publicly traded companies on June 29, 2026, when Honeywell spins off its Aerospace business. Honeywell's current brand value is estimated at $18 billion1 and has been synonymous with delivering innovation to customers for 140 years. Both new brands will draw on Honeywell's history2 while reflecting each company's focused strategy and long-term growth trajectory:The automation business will be known as Honeywell Technologies and will continue to trade on the Nasdaq under the ticker "HON." The company will be a global leader of the industrial world's transition from automation to autonomy, with a comprehensive portfolio of mission-critical, outcome-based technologies, solutions and software to drive customers' productivity and growth.The aerospace business will trade on the Nasdaq under the ticker "HONA" and will be known as Honeywell Aerospace. The company will be one of the largest publicly traded, pure-play aerospace suppliers, with leading positions in technology and systems that will continue delivering the future of aviation through increasing electrification and autonomous flight."Today marks another defining moment in our transformation into two independent, focused companies," said Vimal Kapur, Chairman and CEO of Honeywell. "Drawing on Honeywell's century-long legacy, these new brand identities honor our history while reflecting the bold vision and strategic focus that will define Honeywell Technologies and Honeywell Aerospace as standalone companies. This is the start of an exciting new era for both businesses."Honeywell Technologies Honeywell Technologies' new brand demonstrates the company's clear focus and bold ambition. High-energy and kinetic, it retains the iconic Honeywell red as its anchor, alongside an expanded, more vibrant color palette and a modern "HT" monogram. The visual system, built around the concept of "intersections," reflects where the company's expertise meets technology to unlock precision, reliability and efficiency for its customers."Our new brand highlights the powerful intersections of our technology and expertise—from controls to intelligence to safety—that will redefine how industries operate, accelerating the shift toward a more autonomous future while unlocking new levels of growth and long-term value," added Kapur. "As Honeywell Technologies, this bold new chapter strengthens our foundation for the future and reflects our ability to continuously evolve our capabilities to deliver outcomes for our customers."Honeywell Aerospace The dynamic Honeywell Aerospace brand centers on a new, evolved logo – a stylized "H" and "A," with swooping negative space that suggests the line of the horizon. Its signature color is a distinctive sunrise orange, evoking the shades of the horizon as a pilot sees it at dawn, with silver accents that reflect the materiality of aircraft. This color palette gives Honeywell Aerospace its own distinct identity while still reflecting the trust that Honeywell has built over years."Our new Honeywell Aerospace brand reflects the precision, confidence and forward momentum that has defined the past century of innovation and trusted performance we have delivered for our customers and partners," said Jim Currier, President and CEO of Honeywell Aerospace. "As an independent company, we will be uniquely positioned to innovate faster, move with greater agility and shape the next era of aviation."More details on the new companies will be shared during their respective investor days, which will feature presentations, technology demonstrations and Q&A panels with their management teams.Honeywell Aerospace will host its investor day in Phoenix, Arizona, on Wednesday, June 3, 2026, and Honeywell Technologies will host its investor day in New York City on Thursday, June 11, 2026. Real-time webcasts of the presentations can be accessed at http://www.honeywell.com/investor.About Honeywell
Honeywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology that help make the world smarter and safer as well as more secure and sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.Forward Looking Statements 
We describe many of the trends and other factors that drive our business and future results in this release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including statements related to the proposed separation of Honeywell and Honeywell Aerospace and the planned sale of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. Forward-looking statements are those that address activities, events, or developments that we or our management intend, expect, project, believe, or anticipate will or may occur in the future. They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, and other relevant factors, many of which are difficult to predict and outside of our control, including Honeywell's current expectations, estimates, and projections regarding the proposed separation of Honeywell and Honeywell Aerospace and the planned sale of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. They are not guarantees of future performance, and actual results, developments, and business decisions may differ significantly from those envisaged by our forward-looking statements, including the proposed separation of Honeywell and Honeywell Aerospace and the planned sale of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses, and the anticipated benefits of each. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties, including ongoing macroeconomic and geopolitical risks, such as changes in or application of trade and tax laws and policies, including the impacts of tariffs and other trade barriers and restrictions, lower GDP growth or recession in the U.S. or globally, supply chain disruptions, capital markets volatility, inflation, and certain regional conflicts, including ongoing conflicts in the Middle East, that can affect our performance in both the near- and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved. These forward-looking statements should be considered in light of the information included in this release, our Form 10-K, and our other filings with the Securities and Exchange Commission. Any forward-looking plans described herein are not final and may be modified or abandoned at any time.___________________________
1 Based on the Interbrand Brand Valuation methodology, which determines brand value by evaluating three core components: financial analysis, role of brand and brand strength.
2 Honeywell Aerospace will retain certain rights to use the legacy Honeywell name for up to 75 years. Contacts:
Media     Investor RelationsStacey Jones   Mark Macaluso(980) 378-6258       (704) 627-6118Stacey.Jones@honeywell.com   Mark.Macaluso@honeywell.com   View original content to download multimedia:https://www.prnewswire.com/news-releases/honeywell-unveils-new-brands-effective-post-spin-off-honeywell-technologies-and-honeywell-aerospace-302786578.htmlSOURCE Honeywell Original: HONEYWELL UNVEILS NEW BRANDS EFFECTIVE POST SPIN-OFF: HONEYWELL TECHNOLOGIES AND HONEYWELL AEROSPACE

HONEYWELL ANNOUNCES QUANTINUUM'S FILING OF REGISTRATION STATEMENT FOR PROPOSED INITIAL PUBLIC OFFERINGMay 8, 2026 4:11 PM
PR Newswire (US) CHARLOTTE, N.C., May 8, 2026 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced that Quantinuum, a leading, full-stack quantum computing company, has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") relating to a proposed initial public offering of shares of its Class A common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. Quantinuum intends to list its Class A common stock on the Nasdaq Global Select Market under the ticker symbol "QNT."J.P. Morgan and Morgan Stanley (in alphabetical order) are acting as joint lead active book-running managers for the proposed offering. Jefferies and Evercore ISI are also acting as active book-running managers.The proposed offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.The proposed offering will be made available only by means of a prospectus. Copies of the preliminary prospectus, when available, may be obtained from: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by email at prospectus-eq_fi@jpmchase.com and postsalemanualrequests@broadridge.com; Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, NY 10014, Attention: Prospectus Department or by email at prospectus@morganstanley.com; Jefferies LLC, Attn: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, New York 10022, by telephone at (877) 821-7388 or by email at Prospectus_Department@Jefferies.com; or Evercore Group L.L.C., Attention: Equity Capital Markets, 55 East 52nd Street, 35th Floor, New York, NY 10055, by telephone at 888-474-0200 or by email at ecm.prospectus@evercore.com.The registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended.About Honeywell
Honeywell is an integrated operating company serving a broad range of industries and geographies around the world. Our business is aligned with three powerful megatrends – automation, the future of aviation and energy transition – underpinned by our Honeywell Accelerator operating system and Honeywell Forge IoT platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations through our Aerospace Technologies, Industrial Automation, Building Automation and Energy and Sustainability Solutions business segments that help make the world smarter, safer, as well as more secure and sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.About Quantinuum
Quantinuum is a leading quantum computing company offering a full-stack platform designed to make quantum computing deployable in real-world environments. The company has commercially deployed multiple generations of quantum systems built on the well-established QCCD architecture, which it has implemented with novel designs and capabilities to achieve the industry's highest accuracy levels based on average two-qubit gate fidelity as of December 31, 2025. Quantinuum has active engagements with market leaders across pharmaceuticals, material science, financial services, and government and industrial markets. Quantinuum's headquarters is in Broomfield, Colorado, with additional facilities across the United States, United Kingdom, Germany, Japan, and Singapore.Contacts:
MediaInvestor RelationsStacey Jones  Mark Macaluso(980) 378-6258  (704) 627-6118Stacey.Jones@honeywell.com    Mark.Macaluso@honeywell.com View original content to download multimedia:https://www.prnewswire.com/news-releases/honeywell-announces-quantinuums-filing-of-registration-statement-for-proposed-initial-public-offering-302767312.htmlSOURCE Honeywell Original: HONEYWELL ANNOUNCES QUANTINUUM'S FILING OF REGISTRATION STATEMENT FOR PROPOSED INITIAL PUBLIC OFFERING

HONEYWELL ANNOUNCES QUARTERLY DIVIDENDApril 27, 2026 1:45 PM
PR Newswire (US)

CHARLOTTE, N.C., April 27, 2026 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced that its Board of Directors has declared a quarterly dividend payment of $1.19 per share on the Company's common stock. The dividend is payable on June 5, 2026, out of surplus to holders of record at the close of business on May 15, 2026.







About Honeywell
Honeywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology that help make the world smarter and safer as well as more secure and sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.Forward-Looking Statements
We describe many of the trends and other factors that drive our business and future results in this release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including statements related to the proposed separation of Honeywell from Honeywell Aerospace and the planned sales of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. Forward-looking statements are those that address activities, events, or developments that we or our management intend, expect, project, believe, or anticipate will or may occur in the future. They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, and other relevant factors, many of which are difficult to predict and outside of our control, including Honeywell's current expectations, estimates, and projections regarding the proposed separation of Honeywell from Honeywell Aerospace and the planned sales of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. They are not guarantees of future performance, and actual results, developments, and business decisions may differ significantly from those envisaged by our forward-looking statements, including the proposed separation of Honeywell from Honeywell Aerospace and the planned sales of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses, and the anticipated benefits of each. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties, including ongoing macroeconomic and geopolitical risks, such as changes in or application of trade and tax laws and policies, including the impacts of tariffs and other trade barriers and restrictions, lower GDP growth or recession in the U.S. or globally, supply chain disruptions, capital markets volatility, inflation, and certain regional conflicts, including ongoing conflicts in the Middle East, that can affect our performance in both the near- and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved. These forward-looking statements should be considered in light of the information included in this release, our Form 10-K, and our other filings with the Securities and Exchange Commission. Any forward-looking plans described herein are not final and may be modified or abandoned at any time.Contacts:


Media                                                                         Investor RelationsStacey Jones                                                                Mark Macaluso(980) 378-6258                                                              (704) 627-6118Stacey.Jones@honeywell.com                                          Mark.Macaluso@honeywell.com 



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Original: HONEYWELL ANNOUNCES QUARTERLY DIVIDEND

HONEYWELL ANNOUNCES PARTICIPATION AT WOLFE RESEARCH GLOBAL TRANSPORTATION AND INDUSTRIALS CONFERENCEApril 27, 2026 9:00 AM
PR Newswire (US)

CHARLOTTE, N.C., April 27, 2026 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced its participation at Wolfe Research's Global Transportation and Industrials Conference in New York City on Tuesday, May 19, 2026. Mike Stepniak, senior vice president and chief financial officer will present from 8:00 a.m. - 8:30 a.m. EDT.







A real-time audio webcast of the presentation can be accessed at http://www.honeywell.com/investor, where related materials will be posted prior to the presentation and a replay of the webcast will be available for 30 days following the presentation.Honeywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology, that help make the world smarter and safer as well as more secure and sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.Honeywell uses our Investor Relations website, www.honeywell.com/investor, as a means of disclosing information which may be of interest or material to our investors and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our Investor Relations website, in addition to following our press releases, SEC filings, public conference calls, webcasts, and social media.Contacts:
MediaInvestor RelationsStacey JonesMark Macaluso(980) 378-6258(704) 627-6118stacey.jones@honeywell.com mark.macaluso@honeywell.com  



View original content to download multimedia:https://www.prnewswire.com/news-releases/honeywell-announces-participation-at-wolfe-research-global-transportation-and-industrials-conference-302753165.htmlSOURCE Honeywell

Original: HONEYWELL ANNOUNCES PARTICIPATION AT WOLFE RESEARCH GLOBAL TRANSPORTATION AND INDUSTRIALS CONFERENCE

HON, shorts in control

Intel Set to Drive Early Wall Street Rebound: Dow Jones, S&P, Nasdaq, FuturesApril 24, 2026 9:16 AM
IH Market News
U.S. stock futures are pointing to a higher open on Friday, suggesting markets could recover after the weakness seen in the previous session.A sharp rally in shares of Intel Corp (NASDAQ:INTC) is likely to support early buying, with the chipmaker jumping more than 25% in premarket trading.The surge follows stronger-than-expected first-quarter earnings from Intel, along with a second-quarter revenue outlook that exceeded analyst forecasts.



Corporate Movers Lift Sentiment



Procter & Gamble (NYSE:PG) is also trading higher ahead of the open after reporting fiscal third-quarter results that beat expectations.Investor sentiment is further supported by a pullback in oil prices, which are easing after recent sharp gains.According to Reuters, Iranian Foreign Minister Seyed Abbas Araghchi is set to arrive in Pakistan for talks with the U.S., raising hopes for de-escalation.Oil prices are also under pressure after President Donald Trump confirmed a three-week extension of the ceasefire between Israel and Lebanon.



Previous Session Ends Lower



After Wednesday’s rally, stocks moved broadly lower on Thursday, with major indices pulling back from recent highs.Although markets recovered somewhat after an early afternoon drop, they still closed firmly in negative territory. The Nasdaq fell 219.06 points, or 0.9%, to 24,438.50, the S&P 500 declined 29.50 points, or 0.4%, to 7,108.40, and the Dow Jones Industrial Average dropped 179.71 points, or 0.4%, to 49,310.32.Profit-taking played a role in the early weakness, following gains earlier in the week.



Stock-Specific Pressure



A significant decline in IBM (IBM) also weighed on the market, with shares falling 8.3% despite reporting earnings above expectations but failing to raise full-year guidance.Honeywell (NASDAQ:HON) also came under pressure after posting better-than-expected first-quarter earnings but issuing a weaker-than-expected outlook for the second quarter.In contrast, Texas Instruments (NASDAQ:TXN) surged 19.4% after reporting strong results and offering upbeat guidance.



Oil Volatility Adds Pressure



Stocks saw another wave of selling in the afternoon as oil prices spiked. Although U.S. crude futures later pulled back, they still ended the day up more than 3% after earlier surging nearly 6%.The jump followed reports from Israel’s N12 that Iran’s parliament speaker Mohammad Bagher Ghalibaf had stepped down from the country’s negotiating team due to tensions with the Revolutionary Guard.Concerns over a renewed escalation in the U.S.-Iran conflict also weighed on markets after President Donald Trump said he had ordered the Navy to “shoot and kill any boat” that is placing mines in the Strait of Hormuz.Trump added that Iran is “having a very hard time figuring out who their leader is,” citing divisions between “hardliners” and “moderates.”These comments increased uncertainty around the prospects for renewed peace talks, with Trump rejecting claims that he is “anxious” to end the conflict.



Sector Performance Mixed



Software stocks were among the hardest hit, with the Dow Jones U.S. Software Index dropping 5% after reaching its highest closing level in nearly three months in the previous session.ServiceNow (NYSE:NOW) led the decline, plunging 17.8% despite posting stronger-than-expected results.Computer hardware stocks also weakened, with the NYSE Arca Computer Hardware Index falling 2.9%.Gold, biotechnology and brokerage stocks also moved lower, while utilities and semiconductor shares posted gains during the session.Intel stock priceProcter & Gamble stock priceHoneywell stock priceTexas Instruments stock priceServiceNow stock price

Original: Intel Set to Drive Early Wall Street Rebound: Dow Jones, S&P, Nasdaq, Futures

U.S. stocks seen easing after rally to record highs: Dow Jones, S&P, Nasdaq, Wall Street FuturesApril 23, 2026 9:21 AM
IH Market News
U.S. stock futures indicate a slightly weaker open on Thursday, suggesting markets could give back some ground following the strong gains recorded in the previous session.Investors may look to lock in profits after Wednesday’s rally, which more than reversed the losses seen earlier in the week.Both the Nasdaq and the S&P 500 climbed to fresh record closing highs, even as uncertainty surrounding the Middle East conflict continued to linger.



IBM slump weighs on sentiment



A sharp premarket decline in IBM Corp. (NYSE:IBM) is expected to drag on overall market sentiment, with the stock falling 7.8% ahead of the open.The drop comes despite the company reporting first-quarter earnings that exceeded expectations, as it chose not to raise its full-year outlook.Industrial group Honeywell (NASDAQ:HON) could also face pressure after beating Q1 estimates but issuing weaker-than-expected guidance for the second quarter.



Texas Instruments surges on upbeat outlook



In contrast, Texas Instruments (NASDAQ:TXN) jumped 9.6% in premarket trading after delivering better-than-expected quarterly results and issuing a positive outlook.



Wall Street rally lifts major indices



Stocks posted strong gains on Wednesday, fully offsetting declines from the prior two sessions. The move pushed both the Nasdaq and the S&P 500 to new record closes.The Nasdaq climbed 397.60 points, or 1.6%, to 24,657.57, while the S&P 500 rose 73.89 points, or 1.1%, to 7,137.90.The Dow Jones Industrial Average also ended higher, gaining 340.65 points, or 0.7%, to close at 49,490.03 after paring earlier gains.



Ceasefire extension fuels market rebound



The rally on Wall Street was largely driven by news that President Donald Trump extended the U.S. ceasefire with Iran.Calling Iran’s government “seriously fractured,” Trump said in a post on Truth Social that the U.S. would delay any attack until Iranian leaders “come up with a unified proposal.”However, he also stated that the U.S. military would continue enforcing a blockade on all maritime traffic to and from Iranian ports.



Tensions remain high despite ceasefire



Iran rejected the extension, calling it “meaningless,” and said the Strait of Hormuz would remain closed until the blockade is lifted.Mahdi Mohammadi, adviser to Parliament Speaker Mohammad Bagher Ghalibaf, described the move as a tactic “to buy time for a surprise strike,” adding that the “losing side cannot dictate terms.”Shortly after the ceasefire extension was announced, Iran’s Revolutionary Guard Navy said it had seized two container ships in the Strait of Hormuz for “maritime violations.”The ongoing exchange between Washington and Tehran has added to uncertainty, although investors remain cautiously optimistic about a potential resolution.



Earnings optimism supports markets



Market participants are also encouraged by the strength of corporate earnings, with the reporting season off to a solid start.“Investors appear to be focusing more on the direction of risk — whether things are improving or deteriorating — rather than the absolute level of geopolitical tension,” said Daniela Hathorn, Senior Market Analyst at Capital.com.“Earnings season is playing a key role in reinforcing this narrative,” she added. “Expectations for continued double-digit earnings growth remain intact, helping to justify elevated equity valuations even as macro risks persist.”



Sector performance mixed



Semiconductor stocks led gains, pushing the Philadelphia Semiconductor Index up 2.7% to a record close.Software stocks also performed strongly, with the Dow Jones U.S. Software Index rising 2.3%.Computer hardware, oil services, and gold stocks posted solid gains as well, while airline stocks moved lower.United Airlines (NASDAQ:UAL) led declines in the sector, falling 5.6% after reporting better-than-expected earnings but issuing disappointing guidance.IBM stock priceHoneywell stock priceTexas Instruments stock priceUnited Airlines stock price

Original: U.S. stocks seen easing after rally to record highs: Dow Jones, S&P, Nasdaq, Wall Street Futures

Honeywell drops after revenue miss outweighs earnings beatApril 23, 2026 8:15 AM
IH Market News
Honeywell International Inc. (NASDAQ:HON) posted first-quarter results that topped profit expectations but came in below revenue forecasts, sending the stock down 5.5% in premarket trading as investors focused on the weaker top line and reduced cash flow outlook.The industrial group reported adjusted earnings per share of $2.45, surpassing analyst estimates of $2.32 by $0.13. However, revenue reached $9.14 billion, missing the $9.28 billion consensus, although still marking a 2% increase from $8.93 billion a year earlier. The company pointed to disruptions linked to the Middle East conflict, which affected collections and delayed shipments, particularly within its Process Automation and Technology division.



Guidance held, but cash flow outlook trimmed



Honeywell reaffirmed its full-year revenue guidance of $38.8 billion to $39.8 billion and adjusted EPS guidance of $10.35 to $10.65. The midpoint of the revenue range, at $39.3 billion, sits below the analyst consensus of $39.51 billion, while the EPS midpoint of $10.50 is slightly under the $10.52 estimate.The company lowered its operating cash flow forecast to a range of $4.4 billion to $4.7 billion, down from a previous outlook of $4.7 billion to $5.0 billion. It maintained its free cash flow guidance at $5.3 billion to $5.6 billion.



Orders and margins show resilience



“Honeywell delivered a strong start to the year while navigating a challenging geopolitical environment,” said Vimal Kapur, chairman and chief executive officer. “Orders were up 7% with growth in all segments, pushing backlog to over $38 billion, led by buildings and industrial automation.”Segment margins expanded by 90 basis points to 23.3%, supported by pricing actions and the earlier-than-expected elimination of stranded costs tied to the planned Aerospace spin-off. Organic order growth of 7% helped lift the backlog to roughly $38 billion.



Portfolio moves and spin-off timeline



Honeywell also announced the divestment of its Warehouse and Workflow Solutions unit to American Industrial Partners, with the transaction expected to close in the second half of 2026.In addition, the company updated the timeline for the planned spin-off of its Aerospace business, which is now expected to be completed on June 29, 2026.Honeywell stock price

Original: Honeywell drops after revenue miss outweighs earnings beat

American Industrial Partners to Acquire Honeywell's Warehouse and Workflow Solutions BusinessApril 23, 2026 7:00 AM
PR Newswire (US)

New independent company will build on the legacy of Intelligrated to deliver industry-leading material handling and warehouse automation solutionsNEW YORK, April 23, 2026 /PRNewswire/ -- American Industrial Partners ("AIP"), an operationally oriented industrials investor, today announced that a fund managed by it has signed a definitive agreement to acquire the Warehouse and Workflow Solutions ("WWS" or "the Company") business of Honeywell (NASDAQ: HON). Terms of the transaction were not disclosed.







WWS, which generated approximately $935 million in revenue in 2025, is a leading provider of material handling and warehouse automation solutions, including projects, services and products such as automated sortation systems, palletizers, conveyors and robotics solutions, as well as aftermarket services and software. Built on the legacies of Intelligrated and Transnorm, the business serves a global customer base and is supported by more than 3,300 employees.AIP's investment in WWS builds on its existing investment in Trew, a U.S.-based manufacturer and integrator of automated material handling systems and software."As demand for warehouse automation continues to grow, driven by e-commerce, labor shortages, and supply chain digitization, WWS is well-positioned to capitalize on these tailwinds," said Murray Grainger, Partner at AIP. "Built on the strong foundation of the Intelligrated platform, the business combines leading technology, a broad installed base, and longstanding customer relationships. We look forward to partnering with the WWS and Trew teams to create a complementary platform that builds on these strengths and support the Company's next phase of growth.""Intelligrated and Transnorm are highly regarded brands in warehouse automation, built on the strength of their people and long-standing customer relationships," said Alfred Rebello, Trew CEO. "We are excited to partner with the WWS team to build on these foundations and continue delivering for customers."The transaction is subject to customary closing conditions, including the receipt of required regulatory approvals, and is expected to close in the second half of 2026. Evercore is acting as exclusive financial advisor to AIP. Ropes & Gray LLP is acting as transaction and financing counsel, and Baker Botts LLP is acting as regulatory counsel to AIP.About American Industrial Partners
American Industrial Partners is an operationally oriented industrials investor with approximately $17.5 billion in assets under management. AIP seeks to achieve differentiated returns by investing in quality engineered products businesses with strong management teams and working with those teams to implement transformative Operating Agendas to build long-term value. The AIP team has deep roots in the industrial economy and has actively invested across three economic cycles. AIP has completed over 145 platform and add-on acquisitions and invests in all forms of corporate divestitures, management buyouts, recapitalizations, and going-private transactions of established businesses with sales greater than $500 million. Current AIP portfolio companies generate aggregate annual revenues of approximately $29 billion and employ 70,000+ employees as of December 31, 2025. www.americanindustrial.comMedia Contacts:For American Industrial Partners:
Pro-AIP@prosek.com



View original content to download multimedia:https://www.prnewswire.com/news-releases/american-industrial-partners-to-acquire-honeywells-warehouse-and-workflow-solutions-business-302751620.htmlSOURCE American Industrial Partners

Original: American Industrial Partners to Acquire Honeywell's Warehouse and Workflow Solutions Business

HONEYWELL REPORTS FIRST QUARTER RESULTS AND REAFFIRMS 2026 OUTLOOK; ANNOUNCES SALE OF WAREHOUSE AND WORKFLOW SOLUTIONSApril 23, 2026 6:00 AM
PR Newswire (US)

Orders Up 7% Leading to ~$38 Billion BacklogSales of $9.1 Billion, Reported and Organic1 Sales Up 2%Operating Margin of 16.1% and Segment Margin1 of 23.3%Earnings Per Share (EPS) of $1.29, Down (35%) and Adjusted EPS1 of $2.45, Up 11%Honeywell Aerospace Spin-off Planned for Third Quarter (June 29, 2026)CHARLOTTE, N.C., April 23, 2026 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced results for the first quarter and also announced an agreement to sell its Warehouse and Workflow Solutions (WWS) business in an all-cash transaction to American Industrial Partners. This transaction and the previously announced sale of Productivity Solutions and Services (PSS) are both expected to close in the second half of 2026. The company today also updated the expected timing for the spin-off of Honeywell Aerospace to June 29, 2026, subject to final approval by Honeywell's Board of Directors and other customary conditions.







First-quarter reported and organic1 sales grew 2% driven primarily by pricing actions and new product introductions. Orders grew 7% organically fueled by strong demand in Building and Industrial Automation. As a result, backlog was up 2% sequentially to $38.3 billion.Operating income decreased 14% and segment profit1 increased 6% to $2.1 billion with growth in all four segments. Operating margin contracted 320 basis points to 16.1% due to an impairment charge related to the PSS and WWS assets held for sale, and higher repositioning and divestiture-related costs. Excluding these and other items, segment margin1 expanded 90 basis points to 23.3%, driven by higher pricing and earlier-than-anticipated removal of stranded costs related to the planned spin-off of Honeywell Aerospace, which more than offset higher cost inflation.EPS for the first quarter of $1.29 was down 35% year over year due to charges related to debt restructuring, impairment of assets held for sale, repositioning, and other separation-related items. Excluding these items, adjusted earnings per share1 was up 11% to $2.45 primarily driven by segment profit growth and lower weighted-average share count.Finally, operating cash flow of ($0.7) billion declined year over year due to higher spin-off and separation-related cost payments and a payment for the settlement of Flexjet-related litigation matters. Free cash flow1,4 of $0.1 billion was down year over year primarily due to the timing of collections, stemming partially from the Middle East conflict.Table 1: Summary of Honeywell Financial Results(Dollars in millions, except per share amounts) 

1Q 2026
1Q 2025
ChangeSales
$9,143
$8,925
2 %Organic1 Growth




2 %Operating Income
$1,474
$1,721
(14 %)Operating Income Margin
16.1 %
19.3 %
(320 bps)Segment Profit1
$2,129
$2,002
6 %Segment Margin1
23.3 %
22.4 %
90 bpsEarnings Per Share - Continuing Operations
$1.29
$1.97
(35 %)Adjusted Earnings Per Share1
$2.45
$2.21
11 %Cash Flow from Operations - Continuing Operations
($650)
$378
(272 %)Free Cash Flow1,4
$56
$191
(71 %)Management Commentary
"Honeywell delivered a strong start to the year while navigating a challenging geopolitical environment. Orders were up 7% with growth in all segments, pushing backlog to over $38 billion, led by buildings and industrial automation. Through our relentless focus on productivity and execution, we generated 90 basis points of segment margin expansion. This profitable growth, coupled with an acceleration in stranded costs takeout, drove 11% adjusted earnings growth, overcoming the impacts of rising inflation and the disruption in the Middle East. This is a testament to the resiliency of the Honeywell portfolio," said Vimal Kapur, chairman and chief executive officer of Honeywell."This quarter, we took the final steps to conclude our multi-year portfolio transformation with our announcements to sell Productivity Solutions and Services and Warehouse and Workflow Solutions, both of which are expected to close in the second half of 2026. Further, the Honeywell Aerospace spin-off is now expected to be completed in the third quarter on June 29. All of the acquisitions, divestitures, spin-offs and simplification efforts over the last several years have positioned both aerospace and automation for bright futures as independent, leading companies, and we look forward to sharing more at the upcoming investor days in June," Kapur concluded.Table 2: Summary of Segment Financial Results(Dollars in millions) AEROSPACE TECHNOLOGIES
1Q 2026
1Q 2025
ChangeSales
$4,322
$4,172
4 %Organic1 Growth




3 %Segment Profit
$1,144
$1,099
4 %Segment Margin
26.5 %
26.3 %
20 bpsBUILDING AUTOMATION





Sales
$1,882
$1,692
11 %Organic1 Growth




8 %Segment Profit
$496
$440
13 %Segment Margin
26.4 %
26.0 %
40 bpsPROCESS AUTOMATION AND TECHNOLOGY





Sales
$1,513
$1,445
5 %Organic1 Growth




(6 %)Segment Profit
$359
$313
15 %Segment Margin
23.7 %
21.7 %
200 bpsINDUSTRIAL AUTOMATION





Sales
$1,421
$1,597
(11 %)Organic1 Growth




1 %Segment Profit
$241
$230
5 %Segment Margin
17.0 %
14.4 %
260 bpsAerospace Technologies sales for the first quarter grew 3% organically1 year over year. Orders increased 6% compared to the previous year, with a book-to-bill of 1.1x, reflecting the continued elevated demand environment. Electronic solutions delivered strong double-digit growth in the quarter as shipment volumes better aligned to customer build schedules. Temporary mechanical supply chain disruptions pressured output growth across the segment, limiting sales growth in engines and power systems and control systems. Defense and space sales grew 4% driven by expanding global demand amid escalating geopolitical conflict. Commercial original equipment increased 3% as customer order patterns aligned to build schedules. Commercial aftermarket sales grew 3% with ongoing demand strength across the installed base. Segment margin expanded 20 basis points from the prior year to 26.5% as commercial excellence, productivity, and favorable mix were partially offset by cost inflation.Building Automation sales grew 8% organically1 year over year. By business model, building solutions grew 8% driven by strength in services, and building products grew 8% highlighted by double-digit growth in the fire business, particularly in North America. Orders increased 9% led by growth in data center and hospitality verticals. Segment margin expanded 40 basis points to 26.4%, supported by commercial excellence and volume leverage, partially offset by cost inflation.Process Automation and Technology sales decreased 6% organically1 year over year, driven by declines in aftermarket, which was down 10% due to delays in refining catalyst shipments and automation service upgrades. Projects sales were flat organically, as double-digit growth in LNG was offset by delays in process automation. PA&T saw an overall slowdown in activity in the Middle East stemming from the conflict which caused a transitory impact on revenue in the quarter. Despite this, orders were up 3% driven by double-digit growth in process technology. Segment margin expanded 200 basis points to 23.7%, driven primarily by productivity actions, partially offset by cost inflation.Industrial Automation sales grew 1% year over year on an organic1 basis. Solutions grew 7% driven by project timing and aftermarket demand in warehouse and workflow solutions and strong services demand in measurement. Products declined 1% driven by productivity solutions and services, partially offset by continued momentum in sensing. Segment margin expanded 260 basis points year over year to 17.0% driven by commercial excellence and productivity actions, partially offset by cost inflation.Table 3: Full-Year 2026 Guidance1 
Previous GuidanceCurrent GuidanceSales$38.8B - $39.8B$38.8B - $39.8BOrganic Growth3% - 6%3% - 6%Segment Margin222.7% - 23.1%22.7% - 23.1%Expansion5Up 20 - 60 bpsUp 20 - 60 bpsAdjusted Earnings Per Share2,3$10.35 - $10.65$10.35 - $10.65Adjusted Earnings Growth36% - 9%6% - 9%Operating Cash Flow$4.7B - $5.0B$4.4B - $4.7BFree Cash Flow4$5.3B - $5.6B$5.3B - $5.6BFree Cash Flow Growth44% - 10%4% - 10%1
See additional information at the end of this release regarding non-GAAP financial measures.2
Segment margin and adjusted EPS are non-GAAP financial measures. Management cannot reliably predict or estimate, without unreasonable effort, the impact and timing on future operating results arising from items excluded from segment margin and adjusted EPS. We therefore, do not present a guidance range, or a reconciliation to, the nearest GAAP financial measures of operating margin or EPS.3
Adjusted EPS and adjusted EPS V% guidance excludes items identified in the non-GAAP reconciliation of adjusted EPS at the end of this release, and any potential future one-time items that we cannot reliably predict or estimate such as pension mark-to-market.4
With respect to historical periods, free cash flow adjusts for capital expenditures, spin-off and separation-related cost payments, Resideo indemnification and reimbursement agreement termination payment, cash payment for settlement of the divestiture of asbestos liabilities, and cash payment for settlement of Flexjet-related litigation matters. With respect to the company's outlook for 2026, free cash flow adjusts for capital expenditures, spin-off and separation-related cost payments, and cash payment for settlement of Flexjet-related litigation matters.5
Segment margin expansion as compared to adjusted segment margin in 2025.2026 Outlook
The company is maintaining its full-year outlook after a strong first quarter despite the uncertainty stemming from the Middle East conflict. We continue to expect full-year sales of $38.8 billion to $39.8 billion with organic1 sales growth of 3% to 6%; segment margin2 in the range of 22.7% to 23.1%, with segment margin2,5 expansion of 20 to 60 basis points year over year; and adjusted earnings per share2,3  in the range of $10.35 to $10.65, up 6% to 9%. Operating cash flow is now expected to be in the range of $4.4 billion to $4.7 billion, while free cash flow1,4 expectations are unchanged at $5.3 billion to $5.6 billion.Sale of Warehouse and Workflow Solutions Business
Honeywell announced today that it has agreed to sell its Warehouse and Workflow Solutions (WWS) business to American Industrial Partners (AIP), an operationally focused private equity firm that invests in quality industrial businesses with strong management teams. The transaction is expected to be completed in the second half of 2026 and is subject to customary closing conditions. Terms of the transaction were not disclosed.This concludes Honeywell's review of strategic alternatives for the WWS business, which operates commercially under the Intelligrated and Transnorm brands. WWS, which generated approximately $935 million in revenue in 2025, is a leading provider of supply chain and warehouse automation projects, services and products – including automated sortation systems, palletizers, conveyors and robotics solutions as well as aftermarket services and software. WWS will build on AIP's existing investment in Trew, creating a complementary and differentiated platform to better serve customers across a wide range of industries.As part of the same strategic review, Honeywell also announced on April 20 that it has agreed to sell its Productivity Solutions and Services business to Brady Corporation.Upcoming Investor Day Details
The company earlier announced dates for its upcoming investor days ahead of the planned separation of Honeywell Aerospace, now expected to be completed in the third quarter on June 29, 2026. Honeywell Aerospace, which will trade on the Nasdaq under the ticker "HONA", will host a live webcast of its inaugural investor conference in Phoenix, Arizona on Wednesday, June 3, 2026. Honeywell will then host a live video webcast of its 2026 investor conference in New York City on Thursday, June 11, 2026 for the automation business. Both events will feature presentations and Q&A panels with the respective management teams. Real-time webcasts of the presentations can be accessed at www.honeywell.com/investor, where related materials will be posted following presentations and a replay of the webcasts will be available for 30 days following the presentations.Conference Call Details
Honeywell will discuss its first-quarter results and full-year 2026 guidance during an investor conference call starting at 8:30 a.m. Eastern Daylight Time today. A live webcast of the investor call as well as related presentation materials will be available through the Investor Relations section of the company's website (www.honeywell.com/investor). A replay of the webcast will be available for 30 days following the presentation.About Honeywell
Honeywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology, that help make the world smarter and safer as well as more secure and sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.Additional Information
Honeywell uses our Investor Relations website, www.honeywell.com/investor, as a means of disclosing information which may be of interest or material to our investors and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our Investor Relations website, in addition to following our press releases, SEC filings, public conference calls, webcasts, and social media.Forward Looking Statements
We describe many of the trends and other factors that drive our business and future results in this release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including statements related to the proposed separation of Honeywell from Honeywell Aerospace and the planned sales of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. Forward-looking statements are those that address activities, events, or developments that we or our management intend, expect, project, believe, or anticipate will or may occur in the future. They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, and other relevant factors, many of which are difficult to predict and outside of our control, including Honeywell's current expectations, estimates, and projections regarding the proposed separation of Honeywell from Honeywell Aerospace and the planned sales of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. They are not guarantees of future performance, and actual results, developments, and business decisions may differ significantly from those envisaged by our forward-looking statements, including the proposed separation of Honeywell from Honeywell Aerospace and the planned sales of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses, and the anticipated benefits of each. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties, including ongoing macroeconomic and geopolitical risks, such as changes in or application of trade and tax laws and policies, including the impacts of tariffs and other trade barriers and restrictions, lower GDP growth or recession in the U.S. or globally, supply chain disruptions, capital markets volatility, inflation, and certain regional conflicts, including ongoing conflicts in the Middle East, that can affect our performance in both the near- and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved. These forward-looking statements should be considered in light of the information included in this release, our Form 10-K, and our other filings with the Securities and Exchange Commission. Any forward-looking plans described herein are not final and may be modified or abandoned at any time.This release contains financial measures presented on a non-GAAP basis. Honeywell's non-GAAP financial measures used in this release are as follows:Segment profit, on an overall Honeywell basis;Segment profit margin, on an overall Honeywell basis;Organic sales growth;Free cash flow; andAdjusted earnings per share.Management believes that, when considered together with reported amounts, these measures are useful to investors and management in understanding our ongoing operations and in the analysis of ongoing operating trends. These measures should be considered in addition to, and not as replacements for, the most comparable GAAP measure. Certain measures presented on a non-GAAP basis represent the impact of adjusting items net of tax. The tax-effect for adjusting items is determined individually and on a case-by-case basis. Refer to the Appendix attached to this release for reconciliations of non-GAAP financial measures to the most directly comparable GAAP measures.Honeywell International Inc.Consolidated Statement of Operations (Unaudited)(Dollars in millions, except per share amounts) 
Three Months Ended
March 31,
2026
2025Product sales$   5,867
$   5,807Service sales3,276
3,118Net sales9,143
8,925Costs, expenses and other


Cost of products sold3,863
3,723Cost of services sold1,741
1,740Total Cost of products and services sold5,604
5,463Research and development expenses492
416Selling, general and administrative expenses1,310
1,310Impairment of assets held for sale263
15Loss on debt extinguishment239
—Other (income) expense(7)
(229)Interest and other financial charges356
285Total costs, expenses and other8,257
7,260Income from continuing operations before taxes886
1,665Tax expense91
369Net income from continuing operations795
1,296Net income from discontinued operations—
171Net income795
1,467Less: Net (loss) income attributable to noncontrolling interest(26)
18Net income attributable to Honeywell$     821
$   1,449Earnings per share of common stock—basic:


Earnings per share of common stock from continuing operations—basic$    1.29
$    1.99Earnings per share of common stock from discontinued operations—basic—
0.25Total earnings per share of common stock—basic$    1.29
$    2.24Earnings per share of common stock—assuming dilution:


Earnings per share of common stock from continuing operations—assuming dilution$    1.29
$    1.97Earnings per share of common stock from discontinued operations—assuming dilution—
0.25Total earnings per share of common stock—assuming dilution$    1.29
$    2.22Weighted average number of shares outstanding - basic634.7
648.2Weighted average number of shares outstanding - assuming dilution638.4
651.7 Honeywell International Inc.Segment Data (Unaudited)(Dollars in millions) 
Three Months Ended March 31,Net sales2026
2025Aerospace Technologies$       4,322
$       4,172Building Automation1,882
1,692Process Automation and Technology1,513
1,445Industrial Automation1,421
1,597Corporate and All Other5
19Total Net sales$       9,143
$       8,925 Reconciliation of Segment Profit to Income Before Taxes 
Three Months Ended March 31,Segment profit2026
2025Aerospace Technologies$       1,144
$       1,099Building Automation496
440Process Automation and Technology359
313Industrial Automation241
230Corporate and All Other(111)
(80)Total Segment profit2,129
2,002Interest and other financial charges(356)
(285)Interest income190
91Amortization of acquisition-related intangibles2(153)
(135)Impairment of assets held for sale(263)
(15)Stock compensation expense3(57)
(59)Pension ongoing income4164
126Pension mark-to-market expense4—
14Other postretirement income42
4Repositioning and other gains (charges)5,6(68)
(43)Loss on debt extinguishment(239)
—Divestiture-related costs7(314)
(11)Other expense8(49)
(24)Income before taxes$         886
$       1,6651
Amounts included in Other (income) expense.2
Amounts included in Cost of products and services sold.3
Amounts included in Selling, general and administrative expenses.4
Amounts included in Cost of products and services sold (service cost component), Selling, general and administrative expenses (service cost component), Research and development expenses (service cost component), and Other (income) expense (non-service cost component).5
Amounts included in Cost of products and services sold, Selling, general and administrative expenses, and Other (income) expense.6
Includes repositioning, asbestos, and environmental gains (expenses).7
Amounts included in Selling, general and administrative expenses and Other (income) expense.8
Amounts include the other components of Selling, general and administrative expenses and Other (income) expense not included within other categories in this reconciliation. Equity income of affiliated companies is included in segment profit.  Honeywell International Inc.Consolidated Balance Sheet (Unaudited)(Dollars in millions) 
March 31, 2026
December 31, 2025ASSETS


Current assets


Cash and cash equivalents$             11,977
$             12,487Short-term investments413
443Accounts receivable, less allowances of $165 and $202, respectively8,062
7,621Inventories6,369
6,162Assets held for sale2,377
2,492Other current assets1,392
1,182Total current assets30,590
30,387Investments and long-term receivables1,414
1,404Property, plant and equipment—net4,664
4,629Goodwill21,079
21,079Other intangible assets—net6,562
6,736Deferred income taxes199
199Other assets9,480
9,247Total assets$             73,988
$             73,681LIABILITIES


Current liabilities


Accounts payable$              6,026
$              6,315Commercial paper and other short-term borrowings4,630
5,893Current maturities of long-term debt3,099
1,546Accrued liabilities7,112
8,462Liabilities held for sale1,218
1,198Total current liabilities22,085
23,414Long-term debt29,010
27,141Deferred income taxes1,581
1,577Postretirement benefit obligations other than pensions108
111Other liabilities6,537
6,408Shareowners' equity14,667
15,030Total liabilities and shareowners' equity$             73,988
$             73,681 Honeywell International Inc.Consolidated Statement of Cash Flows (Unaudited)(Dollars in millions) 
Three Months Ended
March 31,
2026
2025Cash flows from operating activities


Net income$     795
$   1,467Less: Net income from discontinued operations—
171Net income from continuing operations795
1,296Adjustments to reconcile net income from continuing operations to net cash (used for) provided by operating activities


Depreciation134
126Amortization223
199Gain on sale of non-strategic businesses and assets(6)
(1)Impairment of assets held for sale263
15Loss on debt extinguishment239
—Repositioning and other charges68
43Net payments for repositioning and other charges(63)
(104)Pension and other postretirement income(167)
(144)Pension and other postretirement benefit payments(5)
(5)Stock compensation expense57
59Deferred income taxes(117)
(19)Other33
(221)Changes in assets and liabilities, net of the effects of acquisitions and divestitures:


Accounts receivable(447)
(424)Inventories(203)
(147)Other current assets(135)
29Accounts payable(289)
(132)Accrued liabilities(825)
(142)Income taxes(205)
(50)Net cash (used for) provided by operating activities from continuing operations(650)
378Net cash provided by operating activities from discontinued operations—
219Net cash (used for) provided by operating activities(650)
597Cash flows from investing activities


Capital expenditures(223)
(190)Increase in investments(194)
(351)Decrease in investments212
338Receipts (payments) from settlements of derivative contracts85
(125)Cash paid for acquisitions, net of cash acquired(5)
(5)Proceeds from sale of business, net of cash transferred6
—Net cash used for investing activities from continuing operations(119)
(333)Net cash used for investing activities from discontinued operations—
(38)Net cash used for investing activities(119)
(371)Cash flows from financing activities


Proceeds from issuance of commercial paper and other short-term borrowings4,758
4,855Payments of commercial paper and other short-term borrowings(6,018)
(3,413)Proceeds from issuance of common stock170
42Proceeds from issuance of long-term debt—
46Payments of long-term debt(12,605)
(44)Repurchases of common stock(1,000)
(1,902)Cash dividends paid(781)
(732)Pre-separation funding 15,835
—Other(92)
(32)Net cash provided by (used for) financing activities267
(1,180)Effect of foreign exchange rate changes on cash and cash equivalents(8)
44Net decrease in cash and cash equivalents(510)
(910)Cash and cash equivalents at beginning of period12,487
10,567Cash and cash equivalents at end of period$ 11,977
$   9,657AppendixNon-GAAP Financial MeasuresThe following information provides definitions and reconciliations of certain non-GAAP financial measures presented in this press release to which this reconciliation is attached to the most directly comparable financial measures calculated and presented in accordance with generally accepted accounting principles (GAAP).Management believes that, when considered together with reported amounts, these measures are useful to investors and management in understanding our ongoing operations and in the analysis of ongoing operating trends. These measures should be considered in addition to, and not as replacements for, the most comparable GAAP measure. Certain measures presented on a non-GAAP basis represent the impact of adjusting items net of tax. The tax-effect for adjusting items is determined individually and on a case-by-case basis. Other companies may calculate these non-GAAP measures differently, limiting the usefulness of these measures for comparative purposes.Management does not consider these non-GAAP measures in isolation or as an alternative to financial measures determined in accordance with GAAP. The principal limitations of these non-GAAP financial measures are that they exclude significant expenses and income that are required by GAAP to be recognized in the consolidated financial statements. In addition, they are subject to inherent limitations as they reflect the exercise of judgments by management about which expenses and income are excluded or included in determining these non-GAAP financial measures. Investors are urged to review the reconciliation of the non-GAAP financial measures to the comparable GAAP financial measures and not to rely on any single financial measure to evaluate Honeywell's business.As indicated herein, certain forward-looking non-GAAP financial measures are not reconciled because management cannot reliably predict or estimate certain items for the reasons specified herein with respect to each non-GAAP financial measure. Honeywell International Inc.Reconciliation of Organic Sales Percent Change(Unaudited) 
Three Months Ended
March 31, 2026Honeywell
Reported sales percent change2 %Less: Impact of divestitures to the prior period(3) %Reported sales percent change, adjusted for impact of divestitures5 %Less: Foreign currency translation2 %Less: Acquisitions1 %Less: Other— %Organic sales percent change2 %

Aerospace Technologies
Reported sales percent change4 %Less: Impact of divestitures to the prior period— %Reported sales percent change, adjusted for impact of divestitures4 %Less: Foreign currency translation1 %Less: Acquisitions— %Less: Other— %Organic sales percent change3 %

Building Automation
Reported sales percent change11 %Less: Impact of divestitures to the prior period— %Reported sales percent change, adjusted for impact of divestitures11 %Less: Foreign currency translation3 %Less: Acquisitions— %Less: Other— %Organic sales percent change8 %

Process Automation and Technology
Reported sales percent change5 %Less: Impact of divestitures to the prior period— %Reported sales percent change, adjusted for impact of divestitures5 %Less: Foreign currency translation2 %Less: Acquisitions9 %Less: Other— %Organic sales percent change(6) %

Industrial Automation
Reported sales percent change(11) %Less: Impact of divestitures to the prior period(15) %Reported sales percent change, adjusted for impact of divestitures4 %Less: Foreign currency translation3 %Less: Acquisitions— %Less: Other— %Organic sales percent change1 %We define organic sales percentage as the year-over-year change in reported sales relative to the comparable period, adjusted for the impact of divestitures to the prior period, and excluding the impact on sales from foreign currency translation, acquisitions for the first 12 months following the transaction date, and certain other items that are unusual or non-recurring in nature. We believe this measure is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends.A quantitative reconciliation of reported sales percent change to organic sales percent change has not been provided for the forward-looking measure of organic sales percent change because management cannot reliably predict or estimate, without unreasonable effort, the fluctuations in global currency markets that impact foreign currency translation, nor is it reasonable for management to predict the timing, occurrence and impact of acquisition and divestiture transactions, all of which could significantly impact our reported sales percent change.Honeywell International Inc.Reconciliation of Net Sales to Adjusted Net Sales (Unaudited)(Dollars in millions) 
Twelve Months Ended
December 31, 2025Honeywell
Net sales $                37,442Flexjet-related litigation matters1312Adjusted net sales$                37,7541
For the twelve months ended December 31, 2025, reflects a $312 million impact to sales due to contra revenue accounting as a result of the settlement of the Flexjet-related litigation matters.We define adjusted net sales as net sales less the sales impact of the Flexjet-related litigation matters. Management  considers the nature and significance of these litigation matters to be unusual and not indicative of the Company's ongoing performance. We believe this measure is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends.Honeywell International Inc.Reconciliation of Operating Income to Segment Profit and Adjusted Segment Profit,
Calculation of Operating Income, Segment Profit, and Adjusted Segment Profit Margins (Unaudited)(Dollars in millions)

Three Months Ended March 31,
Twelve Months
Ended 
December 31,
2026
2025
2025Operating income$        1,474
$        1,721
$        5,573Stock compensation expense157
59
196Repositioning, Other2,384
59
675Pension and other postretirement service costs417
13
73Amortization of acquisition-related intangibles5153
135
570Acquisition-related costs6—
—
2Divestiture-related costs175
—
—ERP implementation costs16
—
—Indefinite-lived intangible asset impairment1—
—
44Impairment of goodwill—
—
724Impairment of assets held for sale263
15
270Segment profit$        2,129
$        2,002
$        8,127Flexjet-related litigation matters7—
—
373Adjusted segment profit$        2,129
$        2,002
$        8,500





Operating income$        1,474
$        1,721
$        5,573÷ Net sales9,143
8,925
37,442Operating income margin %16.1 %
19.3 %
14.9 %Segment profit$        2,129
$        2,002
$        8,127÷ Net sales9,143
8,925
37,442Segment profit margin %23.3 %
22.4 %
21.7 %Adjusted segment profit$        2,129
$        2,002
$        8,500÷ Adjusted net sales9,143
8,925
37,754Adjusted segment profit margin %23.3 %
22.4 %
22.5 %1
Included in Selling, general and administrative expenses.2
Includes repositioning, asbestos, environmental expenses, equity income adjustment, and other charges.3
Included in Cost of products and services sold and Selling, general and administrative expenses.4
Included in Cost of products and services sold, Research and development expenses, and Selling, general and administrative expenses.5
Included in Cost of products and services sold.6
Included in Cost of products and services sold. Includes acquisition-related fair value adjustments to inventory.7
For the twelve months ended December 31, 2025, reflects a $373 million impact to segment profit as a result of the settlement of the Flexjet-related litigation matters.We define operating income as net sales less total cost of products and services sold, research and development expenses, selling, general and administrative expenses, impairment of goodwill, and impairment of assets held for sale. We define segment profit, on an overall Honeywell basis, as operating income, excluding stock compensation expense, pension and other postretirement service costs, amortization of acquisition-related intangibles, certain acquisition- and divestiture-related costs and impairments, and repositioning and other charges. We define adjusted segment profit, on an overall Honeywell basis, as segment profit excluding the segment profit impact of the Flexjet-related litigation matters. We define segment profit margin, on an overall Honeywell basis, as segment profit divided by net sales. We define adjusted segment profit margin, on an overall Honeywell basis, as adjusted segment profit divided by adjusted net sales. We believe these measures are useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends.A quantitative reconciliation of operating income to segment profit, on an overall Honeywell basis, has not been provided for all forward-looking measures of segment profit and segment profit margin included herein. Management cannot reliably predict or estimate, without unreasonable effort, the impact and timing on future operating results arising from items excluded from segment profit, particularly pension mark-to-market expense as it is dependent on macroeconomic factors, such as interest rates and the return generated on invested pension plan assets. The information that is unavailable to provide a quantitative reconciliation could have a significant impact on our reported financial results. To the extent quantitative information becomes available without unreasonable effort in the future, and closer to the period to which the forward-looking measures pertain, a reconciliation of operating income to segment profit will be included within future filings.Acquisition amortization and acquisition- and divestiture-related costs are significantly impacted by the timing, size, and number of acquisitions or divestitures we complete and are not on a predictable cycle and we make no comment as to when or whether any future acquisitions or divestitures may occur. We believe excluding these costs provides investors with a more meaningful comparison of operating performance over time and with both acquisitive and other peer companies.Honeywell International Inc.Reconciliation of Earnings per Share to Adjusted Earnings per Share(Unaudited) 
Three Months Ended
March 31,
Twelve Months Ended
December 31,
2026
2025
2025
2026(E)Earnings per share of common stock from continuing operations - diluted1$      1.29
$      1.97
$      6.94
$8.88 - $9.18Pension mark-to-market expense2—
0.02
0.19
No ForecastAmortization of acquisition-related intangibles30.19
0.15
0.67
0.75Acquisition-related costs4—
0.01
0.05
0.05Divestiture-related costs50.31
0.04
0.72
No ForecastDebt restructuring costs60.35
—
—
0.35ERP implementation costs70.01
—
—
0.02Impairment of assets held for sale80.31
0.02
0.32
0.31Indefinite-lived intangible asset impairment9—
—
0.07
—Impairment of goodwill10—
—
1.13
—(Gain) loss on sale of business11(0.01)
—
0.04
(0.01)Gain related to Resideo indemnification and reimbursement agreement termination12—
—
(1.25)
—Adjustment to estimated future environmental liabilities13—
—
0.25
—Loss on settlement of divestiture of asbestos liabilities14—
—
0.17
—Flexjet-related litigation matters15—
—
0.48
—Adjusted earnings per share of common stock from continuing operations - diluted$      2.45
$      2.21
$      9.78
$10.35 - $10.651
For the three months ended March 31, 2026 and 2025, adjusted earnings per share utilizes weighted average shares of 638.4 million and 651.7 million, respectively. For the twelve months ended December 31, 2025, adjusted earnings per share utilizes weighted average shares of 642.8 million. For the twelve months ended December 31, 2026, expected earnings per share utilizes weighted average shares of approximately 639 million.2
For the three months ended March 31, 2025, pension mark-to-market expense was $10 million, net of tax benefit of $4 million. For the twelve months ended December 31, 2025, pension mark-to-market was $123 million, net of tax benefit of $40 million.3
For the three months ended March 31, 2026 and 2025, acquisition-related intangibles amortization includes $117 million and $102 million, net of tax benefit of $36 million and $33 million, respectively. For the twelve months ended December 31, 2025, acquisition-related intangibles amortization includes $432 million, net of tax benefit of $138 million. For the twelve months ended December 31, 2026, the expected adjustment for acquisition-related intangibles amortization includes approximately $480 million, net of tax benefit of approximately $115 million.4
For the three months ended March 31, 2026 and 2025, the adjustment for acquisition-related costs, which is principally comprised of third-party transaction and integration costs was $2 million, net of tax benefit of $1 million, and $6 million, net of tax benefit of $2 million, respectively. For the twelve months ended December 31, 2025, the adjustment for acquisition-related costs, which is principally comprised of third-party transaction and integration costs and acquisition-related fair value adjustments to inventory, was $35 million, net of tax benefit of $10 million. For the twelve months ended December 31, 2026, the expected adjustment for acquisition-related costs, which is principally comprised of third-party transaction and integration costs, is approximately $35 million, net of tax benefit of approximately $10 million.5
For the three months ended March 31, 2026 and 2025, the adjustment for divestiture-related costs, which is principally comprised of third-party transaction and separation costs, was $204 million and $23 million, net of tax benefit of $149 million and tax expense of $12 million, respectively. For the twelve months ended December 31, 2025, the adjustment for divestiture-related costs, which is principally comprised of third-party transaction costs, was $460 million, net of tax benefit of $61 million.6
For the three months ended March 31, 2026, the adjustment for debt restructuring costs was $226 million, net of tax benefit of $70 million. For the twelve months ended December 31, 2026, the expected adjustment for debt restructuring costs is $226 million, net of tax benefit of $70 million.7
For the three months ended March 31, 2026, the adjustment for ERP implementation costs was $5 million, net of tax benefit of $1 million. For the twelve months ended December 31, 2026, the expected adjustment for ERP implementation costs is approximately $15 million, net of tax benefit of approximately $5 million. 8
For the three months ended March 31, 2026 and 2025, the impairment charge of assets held for sale was $200 million, net of tax benefit of $63 million, and $15 million, without tax benefit, respectively. For the twelve months ended December 31, 2025, the impairment charge of assets held for sale was $209 million, net of tax benefit of $61 million. For the twelve months ended December 31, 2026, the expected impairment charge of assets held for sale is $200 million, net of tax benefit of $63 million.9
For the twelve months ended December 31, 2025, the impairment charge of indefinite-lived intangible assets associated with the Industrial Automation reportable segment was $44 million, without tax benefit.10
For the twelve months ended December 31, 2025, the impairment charge of goodwill associated with the Industrial Automation reportable segment was $724 million, without tax benefit.11
For the three months ended March 31, 2026, the gain on sale of personal protection equipment business was $5 million, net of tax expense of $1 million. For the twelve months ended December 31, 2025, the adjustment for loss on sale of the personal protective equipment business was $28 million, net of tax benefit of $2 million. For the twelve months ended December 31, 2026, the expected gain on sale of personal protection equipment business is $5 million, net of tax expense of $1 million.12
For the twelve months ended December 31, 2025, the gain related to the Resideo indemnification and reimbursement agreement termination was $802 million, without tax expense.13
In the twelve months ended December 31, 2025, the Company enhanced its process for estimating environmental liabilities at sites undergoing active remediation, which led to earlier recognition of the estimated probable liabilities and an increase to estimated environmental liabilities. For the twelve months ended December 31, 2025, the adjustment to increase environmental liabilities was $161 million, net of tax benefit of $50 million.14
For the twelve months ended December 31, 2025, the adjustment for loss on settlement of divestiture of asbestos liabilities was $112 million, net of tax benefit of $36 million.15
For the twelve months ended December 31, 2025, the adjustment for the Flexjet-related litigation matters was $302 million, net of tax benefit of $71 million. Management considers the nature and significance of these litigation matters to be unusual and not indicative of the Company's ongoing performance.We define adjusted earnings per share as diluted earnings per share from continuing operations adjusted to exclude various charges as listed above. We believe adjusted earnings per share is a measure that is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends. For forward-looking information, management cannot reliably predict or estimate, without unreasonable effort, the pension mark-to-market expense or the divestiture-related costs. The pension mark-to-market expense is dependent on macroeconomic factors, such as interest rates and the return generated on invested pension plan assets. The divestiture-related costs are subject to detailed development and execution of separation restructuring plans for the announced separation of Honeywell from Honeywell Aerospace. We therefore do not include an estimate for the pension mark-to-market expense or divestiture-related costs. Based on economic and industry conditions, future developments, and other relevant factors, these assumptions are subject to change.Acquisition amortization and acquisition- and divestiture-related costs are significantly impacted by the timing, size, and number of acquisitions or divestitures we complete and are not on a predictable cycle and we make no comment as to when or whether any future acquisitions or divestitures may occur. We believe excluding these costs provides investors with a more meaningful comparison of operating performance over time and with both acquisitive and other peer companies.Honeywell International Inc.Reconciliation of Cash Provided by Operating Activities to Free Cash Flow(Unaudited)(Dollars in millions) 
Three Months
Ended
March 31, 2026
Three Months
Ended
March 31, 2025
Twelve Months
Ended
December 31, 2025Cash provided by operating activities from continuing operations$           (650)
$            378
$          6,075Capital expenditures(223)
(190)
(986)Spin-off and separation-related cost payments552
3
116Resideo indemnification and reimbursement agreement termination payment—
—
(1,590)Settlement of divestiture of asbestos liabilities—
—
1,428Settlement of Flexjet-related litigation matters377
—
59Free cash flow$             56
$            191
$          5,102We define free cash flow as cash provided by operating activities from continuing operations less cash for capital expenditures and excluding spin-off and separation-related cost payments, the Resideo indemnification and reimbursement agreement termination payment, cash payment for settlement of divestiture of asbestos liabilities, and the cash payment for settlement of Flexjet-related litigation matters.We believe that free cash flow is a non-GAAP measure that is useful to investors and management as a measure of cash generated by operations that will be used to repay scheduled debt maturities and can be used to invest in future growth through new business development activities or acquisitions, pay dividends, repurchase stock, or repay debt obligations prior to their maturities. This measure can also be used to evaluate our ability to generate cash flow from operations and the impact that this cash flow has on our liquidity.Honeywell International Inc.Reconciliation of Expected Cash Provided by Operating Activities to Expected Free Cash Flow(Unaudited)(Dollars in billions) 
Twelve Months Ended
December 31, 2026(E)Cash provided by operating activities from continuing operations~$4.4 - $4.7Capital expenditures~(1.3)Spin-off and separation-related cost payments~1.8Settlement of Flexjet-related litigation matters~0.4Free cash flow~$5.3 - $5.6We define free cash flow as cash provided by operating activities from continuing operations less cash for capital expenditures and excluding spin-off and separation-related cost payments, the Resideo indemnification and reimbursement agreement termination payment, the cash payment for settlement of divestiture of asbestos liabilities, and the cash payment for settlement of Flexjet-related litigation matters.We believe that free cash flow is a non-GAAP measure that is useful to investors and management as a measure of cash generated by operations that will be used to repay scheduled debt maturities and can be used to invest in future growth through new business development activities or acquisitions, pay dividends, repurchase stock, or repay debt obligations prior to their maturities. This measure can also be used to evaluate our ability to generate cash flow from operations and the impact that this cash flow has on our liquidity.Contacts:


MediaInvestor RelationsStacey JonesMark Macaluso(980) 378-6258(704) 627-6118stacey.jones@honeywell.commark.macaluso@honeywell.com



View original content to download multimedia:https://www.prnewswire.com/news-releases/honeywell-reports-first-quarter-results-and-reaffirms-2026-outlook-announces-sale-of-warehouse-and-workflow-solutions-302751131.htmlSOURCE Honeywell

Original: HONEYWELL REPORTS FIRST QUARTER RESULTS AND REAFFIRMS 2026 OUTLOOK; ANNOUNCES SALE OF WAREHOUSE AND WORKFLOW SOLUTIONS

HONEYWELL TO SELL PRODUCTIVITY SOLUTIONS AND SERVICES BUSINESS TO BRADY CORPORATIONApril 20, 2026 7:00 AM
PR Newswire (US)

Accelerates portfolio simplification as Honeywell prepares for the planned spin-off of its Aerospace business, on track for Q3 2026CHARLOTTE, N.C., April 20, 2026 /PRNewswire/ -- Honeywell (Nasdaq: HON) today announced that it has agreed to sell its Productivity Solutions and Services ("PSS") business to Brady Corporation, an international manufacturer of identification and protection solutions, for $1.4 billion in an all-cash transaction. The transaction is expected to be completed in the second half of 2026 and is subject to regulatory approvals and customary closing conditions.







The transaction follows the review of strategic alternatives Honeywell commenced in July 2025 for PSS and its Warehouse and Workflow Solutions ("WWS") business to further simplify the company's portfolio alongside the planned spin-off of its Aerospace business, which is expected to be complete in the third quarter of 2026. Honeywell remains actively engaged in its assessment of strategic alternatives for WWS, which operates commercially under the brand names Intelligrated and Transnorm."With the PSS divestiture, we are nearing completion of our multi-year portfolio transformation, further accelerating value creation as we prepare to separate our Aerospace and Automation businesses into two independent industry leading public companies. The sale also enables us to continue strengthening our financial and operational focus on the company's core businesses," said Vimal Kapur, Chairman and CEO of Honeywell."Going forward, PSS will benefit from Brady's highly complementary and specialized leadership in industrial identification and safety, creating a broader, more integrated offering for warehouse, logistics and manufacturing customers," Kapur added.With 2025 revenue of approximately $1.1 billion, PSS is a leading provider of mobile computers, barcode scanners and printing solutions serving the warehouse and logistics market. PSS is currently part of Honeywell's Industrial Automation (IA) business portfolio.Brady Corporation (NYSE: BRC) is an international manufacturer and marketer of high-performance labels, signs, safety devices and printing systems for industries that include electronics, manufacturing and aerospace. Brady provides products that enhance safety, security and productivity. The acquisition of PSS will help build Brady's capabilities in data capture, mobile computing and workflow automation, increasing its portfolio serving industrial and logistics customers, while creating a more integrated, end-to-end productivity and safety platform.This announcement follows the divestiture of Honeywell's Personal Protective Equipment (PPE) business in 2024 and the spin-off of its Advanced Materials business as Solstice Advanced Materials (Nasdaq: SOLS) in October 2025. It also builds on the prior strategic actions Honeywell has taken to drive organic growth and optimize its portfolio, including announcing approximately $14 billion of accretive and synergistic acquisitions since 2023: Compressor Controls Corporation, SCADAfence, the Access Solutions business from Carrier Global, Civitanavi Systems, CAES Systems, the LNG business from Air Products, Sundyne, Li-ion Tamer and Johnson Matthey's Catalyst Technologies Business.Centerview Partners is serving as financial advisor to Honeywell. Kirkland & Ellis LLP,  Baker McKenzie and Womble Bond Dickinson are providing external legal counsel.About Honeywell 
Honeywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology that help make the world smarter and safer as well as more secure and sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.Forward Looking Statement
We describe many of the trends and other factors that drive our business and future results in this release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including statements related to the proposed separation of Honeywell from Honeywell Aerospace and the planned sale of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. Forward-looking statements are those that address activities, events, or developments that we or our management intend, expect, project, believe, or anticipate will or may occur in the future. They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, and other relevant factors, many of which are difficult to predict and outside of our control, including Honeywell's current expectations, estimates, and projections regarding the proposed separation of Honeywell from Honeywell Aerospace and the planned sale of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. They are not guarantees of future performance, and actual results, developments, and business decisions may differ significantly from those envisaged by our forward-looking statements, including the proposed separation of Honeywell from Honeywell Aerospace and the planned sale of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses, and the anticipated benefits of each. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties, including ongoing macroeconomic and geopolitical risks, such as changes in or application of trade and tax laws and policies, including the impacts of tariffs and other trade barriers and restrictions, lower GDP growth or recession in the U.S. or globally, supply chain disruptions, capital markets volatility, inflation, and certain regional conflicts, including ongoing conflicts in the Middle East, that can affect our performance in both the near- and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved. These forward-looking statements should be considered in light of the information included in this release, our Form 10-K, and our other filings with the Securities and Exchange Commission. Any forward-looking plans described herein are not final and may be modified or abandoned at any time.Contacts:
Media         Investor RelationsStacey Jones           Mark Macaluso(980) 378-6258         (704) 627-6118Stacey.Jones@honeywell.com          mark.macaluso@honeywell.com



View original content to download multimedia:https://www.prnewswire.com/news-releases/honeywell-to-sell-productivity-solutions-and-services-business-to-brady-corporation-302747018.htmlSOURCE Honeywell

Original: HONEYWELL TO SELL PRODUCTIVITY SOLUTIONS AND SERVICES BUSINESS TO BRADY CORPORATION

HONEYWELL TO HELP BOOST FUEL PRODUCTION AND ENHANCE WORKFORCE CAPABILITIES AT DANGOTE REFINERYApril 9, 2026 12:01 AM
PR Newswire (US)

Digital process and automation technologies will help Africa's largest refinery increase operational efficiency and throughput, enhance equipment reliability and maximize asset valueCHARLOTTE, N.C., April 9, 2026 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced it is providing connected services, advanced digital performance monitoring and operator training to the Dangote Petroleum Refinery in Lekki, Nigeria — the world's largest single-train petroleum refinery.







Through this collaboration, Honeywell Performance+ Services, part of Honeywell's ecosystem of Connected Solutions, will be deployed across several of the refinery's core processing units to help increase production of high-octane fuels from a variety of feedstocks to achieve maximum output. By combining advanced digital tools delivered through the Honeywell Forge platform with the deep expertise of Honeywell UOP engineers and specialists, Dangote will be able to access real-time operational insights that identify potential issues and recommended actions to achieve optimal performance."As global energy demand grows, refineries must operate with greater agility, reliability and efficiency," said Ken West, president and CEO of Honeywell Process Technology. "Honeywell's Connected Solutions pair advanced automation and digital capabilities with more than a century of deep refining expertise to help customers like Dangote improve operational performance, enhance asset reliability and unlock greater value from their facilities."Honeywell will also provide advanced training and simulation solutions to support the refinery's workforce operations and development. Built using digital twins of Dangote's facilities, Honeywell's Operator Training Simulators (OTS) will allow operators to train in real-world scenarios, improving readiness and enabling teams to test actions under safe conditions."The Dangote Petroleum Refinery is designed to set a new global benchmark for scale, efficiency and output," said Aliko Dangote, President, Dangote Petroleum Refinery and Petrochemicals FZE. "Honeywell's Performance+ Services and training programs support our ability to maximize output and achieve operational excellence by developing local talent to run operations safely and reliably as we ramp up production to meet the world's growing energy needs."The Dangote Petroleum Refinery produces Euro-V quality gasoline, diesel and jet fuel, along with polypropylene, a key input for plastics and packaging. The facility employs more than 3,000 Nigerian workers and is designed to meet 100% of Nigeria's domestic demand for refined petroleum products, with surplus available for export.Building on nearly a decade of collaboration, the two companies recently announced that Honeywell's refining technologies will help the facility increase its capacity from 650,000 to 1.4 million barrels per day within three years, optimizing existing assets and speeding up market delivery.About Honeywell
Honeywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology, that help make the world smarter and safer as well as more secure and sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom. Honeywell Process Technology and Honeywell UOP have no affiliation or connection whatsoever with The Honeywell Group of Nigeria companies.Contact:
Media                                                                          
Whitney Ellis                                                                 
704-621-4354                                                               
whitney.ellis@honeywell.com 



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Original: HONEYWELL TO HELP BOOST FUEL PRODUCTION AND ENHANCE WORKFORCE CAPABILITIES AT DANGOTE REFINERY

AI-Driven Compliance Gamechanger in Pharma Manufacturing and Regulatory Standards AI-Driven Compliance Gamechanger in Pharma Manufacturing and Regulatory StandardsApril 7, 2026 9:19 AM
InvestorsHub NewsWireAI-Driven Compliance Gamechanger in Pharma Manufacturing and Regulatory Standards AINewsWire Editorial Coverage: As regulatory expectations intensify and manufacturing complexity grows, pharmaceutical companies are moving beyond traditional quality systems toward a new paradigm: embedding artificial intelligence ("AI") directly into operations as a real-time compliance layer. Rather than relying on retrospective audits and manual oversight, AI-driven systems now continuously monitor, validate and optimize production processes to align with evolving Good Manufacturing Practice ("GMP") standards. This structural shift is increasingly visible across the industry and aligns with companies such as Oncotelic Therapeutics Inc. (OTCQB: OTLC) (Profile), which operate at the intersection of life sciences and advanced digital technologies, reflecting the broader movement toward intelligent, automated compliance frameworks. With its focus on AI, Oncotelic joins other AI-focused entities, including NVIDIA Corp. (NASDAQ: NVDA), Amazon.com Inc. (NASDAQ: AMZN), Honeywell International Inc. (NASDAQ: HON) and Omnicell Inc. (NASDAQ: OMCL), that are leading out in the space.Increasingly, pharmaceutical manufacturers are transitioning to continuous monitoring systems powered by AI, where compliance is assessed in real time throughout the production lifecycle rather than after the fact.Regulatory agencies worldwide are tightening expectations around data integrity, traceability and human-error reduction.The concept of Pharma 4.0 represents a fundamental transformation in how pharmaceutical products are developed and manufactured.The challenges of bringing a new drug to market highlight the need for more reliable, data-driven systems, with AI-enabled automation offering a pathway to reduce variability, improve process reliability and mitigate costly disruptions.A broader transformation is underway as AI, robotics and biotechnology converge to create next-generation pharmaceutical infrastructure.Click here to view the custom infographic of the Oncotelic Therapeutics editorial.Real-Time Compliance Through Embedded IntelligenceThe pharmaceutical industry has historically relied on end-of-batch testing and manual documentation to ensure compliance. While effective in earlier manufacturing models, this approach introduces delays and leaves room for human error. Increasingly, manufacturers are transitioning to continuous monitoring systems powered by AI, where compliance is assessed in real time throughout the production lifecycle rather than after the fact.This evolution aligns with the U.S. Food and Drug Administration ("FDA")'s push toward advanced manufacturing and continuous production systems. The agency's Emerging Technology Program and Advanced Manufacturing Technologies initiatives encourage adoption of innovative technologies that can improve manufacturing reliability and robustness, enhance product quality, and reduce the risk of failures and supply disruptions. These initiatives reinforce the importance of shifting from reactive to proactive compliance models.AI systems enable this transition by continuously analyzing production data streams, including temperature, pressure and material consistency, to detect anomalies in real time. Instead of waiting for deviations to surface during audits, these systems flag issues immediately, enabling corrective action before quality is compromised. This capability supports "real-time release testing," an approach that allows products to be approved based on live process data rather than post-production testing.As this model gains traction, companies such as Oncotelic Therapeutics are positioned within a broader ecosystem that increasingly values embedded intelligence as a compliance enabler. Their alignment with AI-driven platforms reflects a growing recognition that compliance is no longer a checkpoint; rather, it is a continuously operating layer integrated into every stage of development and manufacturing.Regulatory Scrutiny Driving Automation AdoptionRegulatory agencies worldwide are tightening expectations around data integrity, traceability and human-error reduction. The European Medicines Agency has issued detailed guidance on computerized systems and data integrity, emphasizing the need for secure, attributable and contemporaneous data records. Similarly, FDA guidelines stress adherence to ALCOA+ principles, ensuring data is attributable, legible, contemporaneous, original and accurate.These heightened expectations are accelerating the shift toward automation. Manual processes, once standard in pharmaceutical environments, are increasingly viewed as risk factors due to their susceptibility to variability and documentation errors. According to International Society for Pharmaceutical Engineering, digital transformation initiatives are central to improving compliance outcomes and reducing operational risk within modern pharmaceutical systems.Automation technologies, particularly those enhanced by AI, provide a solution by standardizing processes and ensuring consistent data capture. These systems create audit-ready records automatically, reducing the burden on human operators while improving accuracy and transparency. In sterile manufacturing environments, where contamination risks are high, automation also reduces human intervention, further strengthening compliance.In this context, Oncotelic Therapeutics reflects a broader strategic alignment with regulatory-driven innovation. As the industry increasingly prioritizes automation and data integrity, companies engaged with AI-enabled platforms are positioned to adapt more efficiently to evolving compliance requirements.Pharma 4.0 and Intelligent Manufacturing EvolutionThe concept of Pharma 4.0 represents a fundamental transformation in how pharmaceutical products are developed and manufactured. Inspired by Industry 4.0 principles, this framework integrates digital technologies, including AI, robotics and advanced analytics, into fully connected production ecosystems. According to McKinsey & Company, the adoption of AI, advanced analytics and digital manufacturing technologies is transforming biopharma operations by improving productivity, enhancing quality, and enabling more agile, data-driven decision-making across the value chainIn these environments, manufacturing systems are interconnected, allowing data to flow seamlessly across equipment, quality systems and supply chains. AI algorithms analyze this data to optimize processes, predict maintenance needs and ensure compliance in real time. This level of integration enhances traceability, enabling manufacturers to track every aspect of production with unprecedented precision.Major pharmaceutical companies are already implementing these systems. Pfizer Inc. has advanced digital manufacturing initiatives, leveraging AI and data-driven technologies to transform production processes and improve operational performance. Meanwhile, Johnson & Johnson is investing in AI-driven systems to enhance operational efficiency and data-driven decision-making across its healthcare and development platforms, and Novartis AG is applying machine learning and advanced analytics to develop smart manufacturing processes and integrate AI into its production operations. These efforts underscore a broader industry commitment to intelligent manufacturing as a pathway to compliance and efficiency.Within this evolving landscape, Oncotelic Therapeutics is among a new class of companies that are leveraging the convergence of biotechnology and digital innovation. As Pharma 4.0 adoption accelerates, organizations aligned with AI-enabled infrastructure are increasingly positioned to participate in scalable, data-driven manufacturing ecosystems.Lowering Costs, Mitigating Development RisksThe cost of bringing a new drug to market remains extraordinarily high, often exceeding several billion dollars and requiring more than a decade of development. A significant portion of these costs is driven by high failure rates, increasing process complexity and operational inefficiencies across the development and manufacturing lifecycle. These challenges highlight the need for more reliable, data-driven systems, with AI-enabled automation offering a pathway to reduce variability, improve process reliability and mitigate costly disruptions.According to Deloitte, digital transformation in life sciences manufacturing can enhance operational efficiency and reduce costs by streamlining processes, improving productivity, and minimizing errors across production systems. AI-enabled systems can also analyze real-time and historical production data to predict potential issues, allowing manufacturers to intervene early and avoid costly disruptions.Additionally, continuous manufacturing, often supported by AI and advanced process controls, reduces reliance on large-batch production by enabling continuous processing and real-time monitoring. This approach can lower inventory requirements, improve efficiency and accelerate time-to-market. The U.S. Food and Drug Administration has actively encouraged the adoption of continuous manufacturing, noting that it can improve product quality and reliability, reduce costs and inventory, and provide a more efficient and flexible alternative to traditional batch methodsThe ability to reduce risk while improving efficiency creates a strong value proposition for companies operating at the intersection of AI and biotechnology. Within this broader trend, Oncotelic Therapeutics and others reflects the growing importance of platforms capable of supporting intelligent automation and compliance, particularly as the industry seeks to control costs in an increasingly capital-constrained environment.AI, Robotics and Biotech ConvergeA broader transformation is underway as AI, robotics and biotechnology converge to create next-generation pharmaceutical infrastructure. In modern facilities, robotic systems are widely used to automate complex tasks such as aseptic filling, material handling and inspection processes, reducing human intervention and contamination risk while improving precision and efficiency. At the same time, AI-enabled systems are increasingly integrated into these environments, using real-time data and advanced analytics to monitor operations, detect anomalies and optimize performance, supporting continuous compliance and quality control.This convergence is particularly evident in sterile manufacturing environments, where minimizing human intervention is critical. Robotics reduce contamination risks, while AI systems monitor environmental conditions and process parameters in real time. Together, these technologies create a closed-loop system that supports continuous compliance and operational excellence.Market data reinforces the scale of this transition. The global pharmaceutical manufacturing market is valued in the hundreds of billions of dollars and is projected to approach $1 trillion in the coming years, with increasing investment directed toward automation, digital infrastructure and AI-enabled manufacturing systems designed to enhance efficiency and regulatory compliance. This shift reflects a broader structural reallocation of capital toward technologies that improve scalability, operational precision and compliance across pharmaceutical production environments.As these trends accelerate, companies aligned with AI-driven platforms stand to benefit from long-term growth and margin expansion. Positioned within this evolving ecosystem, Oncotelic Therapeutics exemplifies the type of organization that could participate in this transformation, where intelligent automation, embedded compliance and digital integration redefine how pharmaceutical products are developed and manufactured.AI Infrastructure Race Gains MomentumThe artificial intelligence landscape is rapidly evolving as major industry players accelerate partnerships and investments in infrastructure, performance and real-world applications. Recent developments reflect how AI is becoming more deeply embedded across industries ranging from data centers to healthcare and security systems.NVIDIA Corp. (NASDAQ: NVDA) has announced a strategic partnership with Marvell Technology Inc. The collaboration is designed to connect Marvell to the NVIDIA AI factory and AI-RAN ecosystem through NVIDIA NVLink Fusion(TM), offering customers building on NVIDIA architectures greater choice and flexibility in developing next-generation infrastructure. The companies will also collaborate on silicon photonics technology. In addition, NVIDIA has invested $2 billion in Marvell.Amazon.com Inc. (NASDAQ: AMZN) is partnering with Cerebras to set a new standard for AI inference speed and performance in the cloud. The two companies will work together to deliver the fastest AI inference solutions available for generative AI applications and large language model ("LLM") workloads. The solution, to be deployed on Amazon Bedrock in AWS data centers, combines AWS Trainium-powered servers, Cerebras CS-3 systems and Elastic Fabric Adapter ("EFA") networking. Later this year, AWS will also offer leading open-source LLMs and Amazon Nova using Cerebras hardware.Honeywell International Inc. (NASDAQ: HON) and Rhombus have introduced an AI-Driven, cloud video and access solution to modernize building security. The collaboration between the two companies will expand the Rhombus cloud-connected security and access solutions portfolio with new, AI-powered video solutions. This furthers Honeywell's effort to accelerate and modernize how customers approach building security, which began in 2024 with the acquisition of LenelS2. Together, Honeywell and Rhombus will deliver integrated access control and video management in a single cloud solution that is easy to deploy, scale and manage.Omnicell Inc. (NASDAQ: OMCL) has launched the Omnicell Titan XT, a transformational, enterprise version of automated dispensing systems ("ADS"). Designed to unify proven automation and powerful intelligence, Titan XT will deliver an enhanced and more efficient medication management experience to support a growing health system. According to the company, Titan XT offers an intuitive user experience through proven automation powered by OmniSphere, the company's cloud-based, HITRUST-certified medication management platform.These advancements underscore a broader shift toward scalable, high-performance AI ecosystems designed to power next-generation applications. As partnerships deepen and innovation spans both digital and physical environments, the trajectory of AI points toward faster, more efficient and more accessible intelligence, reshaping how organizations deploy technology and unlocking new capabilities across global industries.For more information about Oncotelic Therapeutics Inc., please visit the Oncotelic Therapeutics profile. About AINewsWireAINewsWire (AINW) is a specialized communications platform with a focus on the latest advancements in artificial intelligence ("AI"), including the technologies, trends and trailblazers driving innovation forward. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, AINW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today's market, AINW brings its clients unparalleled recognition and brand awareness.AINW is where breaking news, insightful content and actionable information converge.To receive SMS alerts from AINewsWire, text "AI" to 888-902-4192 (U.S. Mobile Phones Only)For more information, please visit www.AINewsWire.comDISCLAIMER: AINewsWire (AINW) is the source of the Article and content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. The commentary, views and opinions expressed in this release by AINW are solely those of AINW. Readers of this Article and content agree that they cannot and will not seek to hold liable AINW for any investment decisions by their readers or subscribers. AINW is a news dissemination and financial marketing solutions provider and are NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security.The Article and content related to the profiled company represent the personal and subjective views of the Author and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author has not independently verified or otherwise investigated all such information. None of the Author, AINW, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. This Article and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer's filings made with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with an investment in the profiled issuer's securities, including, but not limited to, the complete loss of your investment.AINW HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. 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Editor@AINewsWire.comAINewsWire is powered by IBNAI-Driven Compliance Gamechanger in Pharma Manufacturing and Regulatory Standards AINewsWire Editorial Coverage: As regulatory expectations intensify and manufacturing complexity grows, pharmaceutical companies are moving beyond traditional quality systems toward a new paradigm: embedding artificial intelligence ("AI") directly into operations as a real-time compliance layer. Rather than relying on retrospective audits and manual oversight, AI-driven systems now continuously monitor, validate and optimize production processes to align with evolving Good Manufacturing Practice ("GMP") standards. This structural shift is increasingly visible across the industry and aligns with companies such as Oncotelic Therapeutics Inc. (OTCQB: OTLC) (Profile), which operate at the intersection of life sciences and advanced digital technologies, reflecting the broader movement toward intelligent, automated compliance frameworks. With its focus on AI, Oncotelic joins other AI-focused entities, including NVIDIA Corp. (NASDAQ: NVDA), Amazon.com Inc. (NASDAQ: AMZN), Honeywell International Inc. (NASDAQ: HON) and Omnicell Inc. (NASDAQ: OMCL), that are leading out in the space.Increasingly, pharmaceutical manufacturers are transitioning to continuous monitoring systems powered by AI, where compliance is assessed in real time throughout the production lifecycle rather than after the fact.Regulatory agencies worldwide are tightening expectations around data integrity, traceability and human-error reduction.The concept of Pharma 4.0 represents a fundamental transformation in how pharmaceutical products are developed and manufactured.The challenges of bringing a new drug to market highlight the need for more reliable, data-driven systems, with AI-enabled automation offering a pathway to reduce variability, improve process reliability and mitigate costly disruptions.A broader transformation is underway as AI, robotics and biotechnology converge to create next-generation pharmaceutical infrastructure.Click here to view the custom infographic of the Oncotelic Therapeutics editorial.Real-Time Compliance Through Embedded IntelligenceThe pharmaceutical industry has historically relied on end-of-batch testing and manual documentation to ensure compliance. While effective in earlier manufacturing models, this approach introduces delays and leaves room for human error. Increasingly, manufacturers are transitioning to continuous monitoring systems powered by AI, where compliance is assessed in real time throughout the production lifecycle rather than after the fact.This evolution aligns with the U.S. Food and Drug Administration ("FDA")'s push toward advanced manufacturing and continuous production systems. The agency's Emerging Technology Program and Advanced Manufacturing Technologies initiatives encourage adoption of innovative technologies that can improve manufacturing reliability and robustness, enhance product quality, and reduce the risk of failures and supply disruptions. These initiatives reinforce the importance of shifting from reactive to proactive compliance models.AI systems enable this transition by continuously analyzing production data streams, including temperature, pressure and material consistency, to detect anomalies in real time. Instead of waiting for deviations to surface during audits, these systems flag issues immediately, enabling corrective action before quality is compromised. This capability supports "real-time release testing," an approach that allows products to be approved based on live process data rather than post-production testing.As this model gains traction, companies such as Oncotelic Therapeutics are positioned within a broader ecosystem that increasingly values embedded intelligence as a compliance enabler. Their alignment with AI-driven platforms reflects a growing recognition that compliance is no longer a checkpoint; rather, it is a continuously operating layer integrated into every stage of development and manufacturing.Regulatory Scrutiny Driving Automation AdoptionRegulatory agencies worldwide are tightening expectations around data integrity, traceability and human-error reduction. The European Medicines Agency has issued detailed guidance on computerized systems and data integrity, emphasizing the need for secure, attributable and contemporaneous data records. Similarly, FDA guidelines stress adherence to ALCOA+ principles, ensuring data is attributable, legible, contemporaneous, original and accurate.These heightened expectations are accelerating the shift toward automation. Manual processes, once standard in pharmaceutical environments, are increasingly viewed as risk factors due to their susceptibility to variability and documentation errors. According to International Society for Pharmaceutical Engineering, digital transformation initiatives are central to improving compliance outcomes and reducing operational risk within modern pharmaceutical systems.Automation technologies, particularly those enhanced by AI, provide a solution by standardizing processes and ensuring consistent data capture. These systems create audit-ready records automatically, reducing the burden on human operators while improving accuracy and transparency. In sterile manufacturing environments, where contamination risks are high, automation also reduces human intervention, further strengthening compliance.In this context, Oncotelic Therapeutics reflects a broader strategic alignment with regulatory-driven innovation. As the industry increasingly prioritizes automation and data integrity, companies engaged with AI-enabled platforms are positioned to adapt more efficiently to evolving compliance requirements.Pharma 4.0 and Intelligent Manufacturing EvolutionThe concept of Pharma 4.0 represents a fundamental transformation in how pharmaceutical products are developed and manufactured. Inspired by Industry 4.0 principles, this framework integrates digital technologies, including AI, robotics and advanced analytics, into fully connected production ecosystems. According to McKinsey & Company, the adoption of AI, advanced analytics and digital manufacturing technologies is transforming biopharma operations by improving productivity, enhancing quality, and enabling more agile, data-driven decision-making across the value chainIn these environments, manufacturing systems are interconnected, allowing data to flow seamlessly across equipment, quality systems and supply chains. AI algorithms analyze this data to optimize processes, predict maintenance needs and ensure compliance in real time. This level of integration enhances traceability, enabling manufacturers to track every aspect of production with unprecedented precision.Major pharmaceutical companies are already implementing these systems. Pfizer Inc. has advanced digital manufacturing initiatives, leveraging AI and data-driven technologies to transform production processes and improve operational performance. Meanwhile, Johnson & Johnson is investing in AI-driven systems to enhance operational efficiency and data-driven decision-making across its healthcare and development platforms, and Novartis AG is applying machine learning and advanced analytics to develop smart manufacturing processes and integrate AI into its production operations. These efforts underscore a broader industry commitment to intelligent manufacturing as a pathway to compliance and efficiency.Within this evolving landscape, Oncotelic Therapeutics is among a new class of companies that are leveraging the convergence of biotechnology and digital innovation. As Pharma 4.0 adoption accelerates, organizations aligned with AI-enabled infrastructure are increasingly positioned to participate in scalable, data-driven manufacturing ecosystems.Lowering Costs, Mitigating Development RisksThe cost of bringing a new drug to market remains extraordinarily high, often exceeding several billion dollars and requiring more than a decade of development. A significant portion of these costs is driven by high failure rates, increasing process complexity and operational inefficiencies across the development and manufacturing lifecycle. These challenges highlight the need for more reliable, data-driven systems, with AI-enabled automation offering a pathway to reduce variability, improve process reliability and mitigate costly disruptions.According to Deloitte, digital transformation in life sciences manufacturing can enhance operational efficiency and reduce costs by streamlining processes, improving productivity, and minimizing errors across production systems. AI-enabled systems can also analyze real-time and historical production data to predict potential issues, allowing manufacturers to intervene early and avoid costly disruptions.Additionally, continuous manufacturing, often supported by AI and advanced process controls, reduces reliance on large-batch production by enabling continuous processing and real-time monitoring. This approach can lower inventory requirements, improve efficiency and accelerate time-to-market. The U.S. Food and Drug Administration has actively encouraged the adoption of continuous manufacturing, noting that it can improve product quality and reliability, reduce costs and inventory, and provide a more efficient and flexible alternative to traditional batch methodsThe ability to reduce risk while improving efficiency creates a strong value proposition for companies operating at the intersection of AI and biotechnology. Within this broader trend, Oncotelic Therapeutics and others reflects the growing importance of platforms capable of supporting intelligent automation and compliance, particularly as the industry seeks to control costs in an increasingly capital-constrained environment.AI, Robotics and Biotech ConvergeA broader transformation is underway as AI, robotics and biotechnology converge to create next-generation pharmaceutical infrastructure. In modern facilities, robotic systems are widely used to automate complex tasks such as aseptic filling, material handling and inspection processes, reducing human intervention and contamination risk while improving precision and efficiency. At the same time, AI-enabled systems are increasingly integrated into these environments, using real-time data and advanced analytics to monitor operations, detect anomalies and optimize performance, supporting continuous compliance and quality control.This convergence is particularly evident in sterile manufacturing environments, where minimizing human intervention is critical. Robotics reduce contamination risks, while AI systems monitor environmental conditions and process parameters in real time. Together, these technologies create a closed-loop system that supports continuous compliance and operational excellence.Market data reinforces the scale of this transition. The global pharmaceutical manufacturing market is valued in the hundreds of billions of dollars and is projected to approach $1 trillion in the coming years, with increasing investment directed toward automation, digital infrastructure and AI-enabled manufacturing systems designed to enhance efficiency and regulatory compliance. This shift reflects a broader structural reallocation of capital toward technologies that improve scalability, operational precision and compliance across pharmaceutical production environments.As these trends accelerate, companies aligned with AI-driven platforms stand to benefit from long-term growth and margin expansion. Positioned within this evolving ecosystem, Oncotelic Therapeutics exemplifies the type of organization that could participate in this transformation, where intelligent automation, embedded compliance and digital integration redefine how pharmaceutical products are developed and manufactured.AI Infrastructure Race Gains MomentumThe artificial intelligence landscape is rapidly evolving as major industry players accelerate partnerships and investments in infrastructure, performance and real-world applications. Recent developments reflect how AI is becoming more deeply embedded across industries ranging from data centers to healthcare and security systems.NVIDIA Corp. (NASDAQ: NVDA) has announced a strategic partnership with Marvell Technology Inc. The collaboration is designed to connect Marvell to the NVIDIA AI factory and AI-RAN ecosystem through NVIDIA NVLink Fusion(TM), offering customers building on NVIDIA architectures greater choice and flexibility in developing next-generation infrastructure. The companies will also collaborate on silicon photonics technology. In addition, NVIDIA has invested $2 billion in Marvell.Amazon.com Inc. (NASDAQ: AMZN) is partnering with Cerebras to set a new standard for AI inference speed and performance in the cloud. The two companies will work together to deliver the fastest AI inference solutions available for generative AI applications and large language model ("LLM") workloads. The solution, to be deployed on Amazon Bedrock in AWS data centers, combines AWS Trainium-powered servers, Cerebras CS-3 systems and Elastic Fabric Adapter ("EFA") networking. Later this year, AWS will also offer leading open-source LLMs and Amazon Nova using Cerebras hardware.Honeywell International Inc. (NASDAQ: HON) and Rhombus have introduced an AI-Driven, cloud video and access solution to modernize building security. The collaboration between the two companies will expand the Rhombus cloud-connected security and access solutions portfolio with new, AI-powered video solutions. This furthers Honeywell's effort to accelerate and modernize how customers approach building security, which began in 2024 with the acquisition of LenelS2. Together, Honeywell and Rhombus will deliver integrated access control and video management in a single cloud solution that is easy to deploy, scale and manage.Omnicell Inc. (NASDAQ: OMCL) has launched the Omnicell Titan XT, a transformational, enterprise version of automated dispensing systems ("ADS"). Designed to unify proven automation and powerful intelligence, Titan XT will deliver an enhanced and more efficient medication management experience to support a growing health system. According to the company, Titan XT offers an intuitive user experience through proven automation powered by OmniSphere, the company's cloud-based, HITRUST-certified medication management platform.These advancements underscore a broader shift toward scalable, high-performance AI ecosystems designed to power next-generation applications. As partnerships deepen and innovation spans both digital and physical environments, the trajectory of AI points toward faster, more efficient and more accessible intelligence, reshaping how organizations deploy technology and unlocking new capabilities across global industries.For more information about Oncotelic Therapeutics Inc., please visit the Oncotelic Therapeutics profile. About AINewsWireAINewsWire (AINW) is a specialized communications platform with a focus on the latest advancements in artificial intelligence ("AI"), including the technologies, trends and trailblazers driving innovation forward. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, AINW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today's market, AINW brings its clients unparalleled recognition and brand awareness.AINW is where breaking news, insightful content and actionable information converge.To receive SMS alerts from AINewsWire, text "AI" to 888-902-4192 (U.S. Mobile Phones Only)For more information, please visit www.AINewsWire.comDISCLAIMER: AINewsWire (AINW) is the source of the Article and content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. The commentary, views and opinions expressed in this release by AINW are solely those of AINW. Readers of this Article and content agree that they cannot and will not seek to hold liable AINW for any investment decisions by their readers or subscribers. AINW is a news dissemination and financial marketing solutions provider and are NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security.The Article and content related to the profiled company represent the personal and subjective views of the Author and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author has not independently verified or otherwise investigated all such information. None of the Author, AINW, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. This Article and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer's filings made with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with an investment in the profiled issuer's securities, including, but not limited to, the complete loss of your investment.AINW HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. 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The forward-looking statements in this release are made as of the date hereof and AINW undertakes no obligation to update such statements.Please see full terms of use and disclaimers on the AINewsWire website applicable to all content provided by AINW, wherever published or re-published:https://www.AINewsWire.com/DisclaimerAINewsWire
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Original: AI-Driven Compliance Gamechanger in Pharma Manufacturing and Regulatory Standards AI-Driven Compliance Gamechanger in Pharma Manufacturing and Regulatory Standards

HON, rebounded

HONEYWELL ANNUAL SHAREOWNERS MEETING SET FOR MAY 22, 2026March 27, 2026 7:00 AM
PR Newswire (US)

CHARLOTTE, N.C., March 27, 2026 /PRNewswire/ -- Honeywell (NASDAQ: HON) announced today it will hold its 2026 Annual Shareowners Meeting at 10:30 a.m. EDT on May 22, 2026, in a virtual format at www.virtualshareholdermeeting.com/HON2026. Shareowners of record at the close of business on Friday, March 27, 2026, will be entitled to vote at the meeting.







About HoneywellHoneywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology that help make the world smarter and safer as well as more secure and sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.Forward-Looking Statements
We describe many of the trends and other factors that drive our business and future results in this release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are those that address activities, events, or developments that management intends, expects, projects, believes, or anticipates will or may occur in the future. They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, and other relevant factors, many of which are difficult to predict and outside of our control. They are not guarantees of future performance, and actual results, developments and business decisions may differ significantly from those envisaged by our forward-looking statements. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties, including ongoing macroeconomic and geopolitical risks, such as changes in or application of trade and tax laws and policies, including the impacts of tariffs and other trade barriers and restrictions, lower GDP growth or recession in the U.S. or globally, supply chain disruptions, capital markets volatility, inflation, and certain regional conflicts, that can affect our performance in both the near- and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved. Some of the important factors that could cause Honeywell's or Honeywell Aerospace's actual results to differ materially from those projected in any such forward-looking statements include, but are not limited to: (i) the ability of Honeywell to effect the spin-off transaction described above and to meet the conditions related thereto; (ii) the possibility that the spin-off transaction will not be completed within the anticipated time period or at all; (iii) the possibility that the spin-off transaction will not achieve its intended benefits; (iv) the impact of the spin-off transaction on Honeywell's and Honeywell Aerospace's businesses and the risk that the spin-off transaction may be more difficult, time-consuming or costly than expected, including the impact on their resources, systems, procedures and controls, diversion of management's attention and the impact and possible disruption of existing relationships with regulators, customers, suppliers, employees and other business counterparties; (v) the possibility of disruption, including disputes, litigation or unanticipated costs, in connection with the spin-off transaction; (vi) the uncertainty of the expected financial performance of Honeywell or Honeywell Aerospace following completion of the spin-off transaction; (vii) negative effects of the announcement or pendency of the spin-off transaction on the market price of Honeywell's securities and/or on the financial performance of Honeywell or Honeywell Aerospace; (viii) the ability to achieve anticipated capital structures in connection with the spin-off transaction, including the future availability of credit and factors that may affect such availability; (ix) the ability to achieve anticipated credit ratings in connection with the spin-off transaction; (x) the ability to achieve anticipated tax treatments in connection with the spin-off transaction and future, if any, divestitures, mergers, acquisitions and other portfolio changes and the impact of changes in relevant tax and other laws; and (xi) the failure to realize expected benefits and effectively manage and achieve anticipated synergies and operational efficiencies in connection with the spin-off transaction and completed and future, if any, divestitures, mergers, acquisitions, and other portfolio management, productivity and infrastructure actions. These forward-looking statements should be considered in light of the information included in this release, our Form 10-K and other filings with the SEC. Any forward-looking plans described herein are not final and may be modified or abandoned at any time.Contacts:Media   
Stacey Jones
(980) 378-6258 
Stacey.Jones@honeywell.com  Investor Relations
Mark Macaluso 
(704) 627-6118 
Mark.Macaluso@honeywell.com



View original content to download multimedia:https://www.prnewswire.com/news-releases/honeywell-annual-shareowners-meeting-set-for-may-22-2026-302726474.htmlSOURCE Honeywell

Original: HONEYWELL ANNUAL SHAREOWNERS MEETING SET FOR MAY 22, 2026

HONEYWELL TO RELEASE FIRST QUARTER FINANCIAL RESULTS AND HOLD ITS INVESTOR CONFERENCE CALL ON THURSDAY, APRIL 23March 26, 2026 8:30 AM
PR Newswire (US)

CHARLOTTE, N.C., March 26, 2026 /PRNewswire/ -- Honeywell (NASDAQ: HON) will issue its first quarter financial results before the opening of the Nasdaq Stock Market on Thursday, April 23. The company will also hold a conference call at 8:30 a.m. EDT.







Presentation Materials / Webcast Details A real-time audio webcast of the presentation can be accessed at http://www.honeywell.com/investor, where related materials will be posted prior to the presentation and a replay of the webcast will be available for 30 days following the presentation.Honeywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology, that help make the world smarter and safer as well as more secure and sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.Honeywell uses our Investor Relations website, www.honeywell.com/investor, as a means of disclosing information which may be of interest or material to our investors and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our Investor Relations website, in addition to following our press releases, SEC filings, public conference calls, webcasts, and social media.Contacts:


MediaInvestor RelationsStacey Jones    Mark Macaluso(980) 378-6258    (704) 627-6118stacey.jones@honeywell.com mark.macaluso@honeywell.com  



View original content to download multimedia:https://www.prnewswire.com/news-releases/honeywell-to-release-first-quarter-financial-results-and-hold-its-investor-conference-call-on-thursday-april-23-302725504.htmlSOURCE Honeywell

Original: HONEYWELL TO RELEASE FIRST QUARTER FINANCIAL RESULTS AND HOLD ITS INVESTOR CONFERENCE CALL ON THURSDAY, APRIL 23

Honeywell and Rhombus Introduce AI-Driven, Cloud Video and Access Solution to Modernize Building SecurityMarch 26, 2026 7:30 AM
PR Newswire (US)

Collaboration addresses rising demand for integrated cloud access and video solutions that simplify management across multiple facilitiesATLANTA, March 26, 2026 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced a collaboration with Rhombus, a leader in cloud-based video management, to expand its cloud-connected security and access solutions portfolio with new, AI-powered video solutions. This furthers Honeywell's effort to accelerate and modernize how customers approach building security, which began in 2024 with the acquisition of LenelS2.







Together, Honeywell and Rhombus will deliver integrated access control and video management in a single cloud solution that is easy to deploy, scale and manage."This strategic alliance combines the strength of Honeywell's access solutions portfolio, domain expertise and global reach with modern cloud video capabilities and AI enhancements," said Billal Hammoud, President & CEO, Honeywell Building Automation. "Together, we will offer an integrated, cloud-based solution that innovates while ensuring reliability and system resilience."Companies are increasingly shifting to cloud-based security and cloud video. According to Omdia*, cloud video solutions are growing annually at more than 20% and are projected to be the fastest-growing segment in the security industry through 2029. The Honeywell-Rhombus offering is perfectly positioned to support a paced, cost-efficient cloud journey for thousands of commercial and enterprise operations around the world while helping them to reduce risk."At Rhombus, we've always believed the best physical security solutions are open platforms. By partnering with Honeywell, a company that shares our vision, we'll be able to offer customers cutting-edge solutions across video security, access control, sensors, building controls and more," said Garrett Larsson, co-founder and CEO of Rhombus. "With access to our complementary expertise and the deep AI capabilities of both organizations, customers will see immediate value from day one. We're excited to work with Honeywell to make buildings more secure and intelligent."Honeywell, through integration and a reseller agreement, will offer Rhombus products through its channel partners and system integrator networks. The companies will also partner on deeper integrations that bring Rhombus' AI analytics directly into Honeywell's access control platforms. With Rhombus' AI-powered platform, customers will be able to gain insights from video data beyond traditional surveillance, transforming video systems into a source of operational intelligence. Using capabilities such as Rhombus Insights, customers can train AI prompts to analyze activity patterns, investigate incidents more efficiently and better understand how physical spaces are being used.The solution is designed for a variety of commercial environments, including retail chains, fitness centers, schools and other distributed sites. Rhombus products will initially be available through Honeywell in North America before deployment across other regions.For more information about Honeywell Building Automation, visit buildings.honeywell.com.About Honeywell Honeywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology, that help make the world smarter and safer as well as more secure and sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.About RhombusRhombus is an open, cloud-managed physical security platform that brings security cameras, access control, sensors, alarm monitoring, and integrations together under a single pane of glass. Thousands of organizations trust Rhombus to drive operational excellence, improve safety, and streamline workflows through a comprehensive suite of smart security solutions. Rhombus is backed by Caden Capital, Cota Capital, Tru Arrow Partners, NightDragon, Bluestone Equity Partners, and Uncorrelated Ventures, and is on a mission to make organizations safer and more intelligent with simple, smart, and powerful physical security solutions. * Source: Omdia, Video Surveillance & Analytics Database Report – 2025 Analysis, September 2025Contacts:Media                                                                          
Micah Lillard                                                                  
(704) 883-6711                                                              
Micah.Lillard@honeywell.com



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Original: Honeywell and Rhombus Introduce AI-Driven, Cloud Video and Access Solution to Modernize Building Security

Honeywell agrees $500 million defense production framework with U.S. governmentMarch 25, 2026 8:48 AM
IH Market News
Honeywell (NASDAQ:HON) said it has entered into a supplier framework agreement with the U.S. Department of War aimed at expanding production of key defense technologies, supported by a $500 million multi-year investment to enhance manufacturing capacity.As part of the agreement, Honeywell Aerospace will boost output of navigation systems, Assure actuators and electronic warfare technologies. The navigation systems are used in precision-guided munitions, while Assure actuators help provide maneuverability for interceptor and tactical missile systems. The electronic warfare solutions are designed for use on U.S. military platforms including fighter aircraft and AMRAAM missiles.“Honeywell Aerospace is proud to embrace the challenge and meet this urgent need,” said Jim Currier, president and CEO of Honeywell Aerospace. “Our commercial operating system enables us to invest in advanced technologies and manufacture at scale and speed, delivering a substantial and enduring benefit to the customer and taxpayers.”According to the company, Honeywell Aerospace is among the first Tier 1 suppliers to sign this type of framework agreement with the Department of War.The announcement was made on March 25, 2026, from Honeywell’s Phoenix location. Honeywell Aerospace develops products and services for commercial aviation, defense and space programs, including aircraft engines, cockpit electronics, thermal systems and other aerospace technologies.Honeywell stock price

Original: Honeywell agrees $500 million defense production framework with U.S. government

HONEYWELL AEROSPACE, DEPARTMENT OF WAR SIGN GROUNDBREAKING AGREEMENT TO ACCELERATE PRODUCTION OF DEFENSE TECHNOLOGIESMarch 25, 2026 7:02 AM
PR Newswire (US)

Honeywell to commit $500 million for production capacity upgradesPHOENIX, March 25, 2026 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced it has signed a groundbreaking supplier framework agreement with the U.S. Department of War (DoW) to rapidly increase the production of critical defense technologies. This agreement includes a $500 million multi-year investment to upgrade the company's production capacity.







Honeywell Aerospace is among the first Tier 1 suppliers to sign a framework agreement of this nature with the DoW. This underscores Honeywell Aerospace's focus on delivering critical capabilities to American and allied forces at the speed and scale national defense requires."Honeywell Aerospace is proud to embrace the challenge and meet this urgent need," said Jim Currier, president and CEO of Honeywell Aerospace. "Our commercial operating system enables us to invest in advanced technologies and manufacture at scale and speed, delivering a substantial and enduring benefit to the customer and taxpayers."   Under this agreement, Honeywell Aerospace will ramp production of the following:Navigation systems: Honeywell is a global leader in resilient navigation technology, particularly in challenging environments. The company's wide range of inertial navigators can be found in diverse industries across the aerospace, defense and industrial markets. Honeywell Aerospace navigation systems are critical enablers on most precision munition platforms globally.Assure™ actuators: Honeywell Assure missile maneuverability actuation and electronic control systems are the most precise and speed-responsive systems available. These actuators are used for interceptor, tactical and other strategic high-performance missiles.Electronic Warfare solutions: Electronic Warfare solutions from Honeywell Aerospace provide critical functionality on U.S. military platforms from fighter jets to the Surface Electronic Warfare Improvement Program and on AMRAAM missiles. Advanced technologies also support Signals Intelligence and Electronic Intelligence domains.About HoneywellProducts and services from Honeywell Aerospace Technologies are found on virtually every commercial, defense and space aircraft, and in many terrestrial systems. The Aerospace Technologies business unit builds aircraft engines, cockpit and cabin electronics, wireless connectivity, thermal, power and actuation systems, and more. Its hardware and software solutions create more fuel-efficient aircraft, more direct and on-time flights and safer skies and airports. For more information, visit aerospace.honeywell.com or follow Honeywell Aerospace Technologies on LinkedIn.Honeywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology, that help make the world smarter and safer as well as more secure and sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.Contact:Media                                                                                      
Adam Kress                                                                         
(602)760-6252
adam.kress@honeywell.com     



View original content to download multimedia:https://www.prnewswire.com/news-releases/honeywell-aerospace-department-of-war-sign-groundbreaking-agreement-to-accelerate-production-of-defense-technologies-302724742.htmlSOURCE Honeywell

Original: HONEYWELL AEROSPACE, DEPARTMENT OF WAR SIGN GROUNDBREAKING AGREEMENT TO ACCELERATE PRODUCTION OF DEFENSE TECHNOLOGIES

HON, where is the bottom

HONEYWELL ANNOUNCES PRICING OF ITS DEBT TENDER OFFERSMarch 20, 2026 2:30 PM
PR Newswire (US)

CHARLOTTE, N.C., March 20, 2026 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced the applicable Reference Yield for each series of Securities (as defined below) for its previously announced offers to purchase for cash the securities listed in Table 1 below (collectively, the "Dollar Securities") and the securities listed in Table 2 below (collectively, the "Euro Securities" and, together with the Dollar Securities, the "Securities") issued by Honeywell (i) for up to a maximum aggregate purchase price to be paid for the Dollar Securities validly tendered (excluding the accrued and unpaid interest on the Dollar Securities) of up to $4,670,000,000 (the "Dollar Total Maximum Amount" and, such offer to purchase, the "Dollar Tender Offer") and (ii) for up to an amended maximum aggregate purchase price to be paid for the Euro Securities validly tendered (excluding the accrued and unpaid interest on the Euro Securities) of up to €2,491,177,677.11 (as so amended, the "Euro Total Maximum Amount" and, such offer to purchase, the "Euro Tender Offer" and, together with the Dollar Tender Offer, the "Tender Offers" and each, a "Tender Offer"), in order to accept for purchase all Euro Securities with Acceptance Priority Levels of 1 through 6 that were validly tendered in the Euro Tender Offer as of the Early Participation Date (as defined below). The Tender Offers are being made pursuant to the terms and subject to the conditions set forth in the offer to purchase, dated March 6, 2026, as modified by Honeywell's prior press release increasing the Dollar Total Maximum Amount and this press release increasing the Euro Total Maximum Amount (the "Offer to Purchase"). Capitalized terms used but not defined in this announcement have the meanings given to them in the Offer to Purchase.







The tables below outline the title and identifiers for each series of Securities, the principal amount outstanding, the acceptance priority level (the "Acceptance Priority Level"), the applicable Reference Yield for each series of Securities (as determined in the manner described in the Offer to Purchase at 10:00 a.m., New York City time, on March 20, 2026), the applicable "Total Consideration" for each series of Securities, the principal amount tendered at or before 5:00 p.m., New York City time, on March 19, 2026 (the "Early Participation Date")(as previously announced) and the principal amount to be accepted for purchase by Honeywell. Withdrawal rights for the Tender Offers expired at 5:00 p.m., New York City time, on March 19, 2026, and have not been extended.Table 1: Dollar Securities Subject To The Dollar Tender OfferTitle of
Security
Security
Identifier(s)
Principal Amount
Outstanding
Acceptance
Priority Level
Fixed
Spread
Reference
Yield
Total
Consideration
Principal Amount
Tendered as of
the Early
Participation
Date
Principal
Amount to be
Accepted for
Purchase9.065%
Senior Notes
due 2033
CUSIP:
019512AM4
ISIN:
US019512AM47
$51,207,000
1
55
4.350 %
$1,249.61
$10,837,000
$10,837,000
6.625%
Senior Notes
due 2028
CUSIP:
438506AS6
ISIN:
US438506AS66
$200,549,000
2
20
3.921 %
$1,052.64
$59,913,000
$59,913,000
5.700%
Senior Notes
due 2036
CUSIP:
438516AR7
ISIN:
US438516AR73
$441,050,000
3
40
4.350 %
$1,074.77
$215,458,000
$215,458,000
5.700%
Senior Notes
due 2037
CUSIP:
438516AT3
ISIN:
US438516AT30
$462,569,000
4
50
4.350 %
$1,071.66
$241,340,000
$241,340,000
5.375%
Senior Notes
due 2041
CUSIP:
438516BB1
ISIN:
US438516BB13
$416,688,000
5
70
4.350 %
$1,033.76
$221,036,000
$221,036,000
5.350%
Senior Notes
due 2064
CUSIP:
438516CU8
ISIN:
US438516CU84
$650,000,000
6
70
4.916 %
$958.39
$460,755,000
$460,755,000
5.250%
Senior Notes
due 2054
CUSIP:
438516CT1
ISIN:
US438516CT12
$1,750,000,000
7
65
4.916 %
$955.43
$1,212,870,000
$1,212,870,000
5.000%
Senior Notes
due 2033
CUSIP:
438516CK0
ISIN:
US438516CK03
$1,100,000,000
8
5
4.350 %
$1,034.24
$640,408,000
$640,408,000
5.000%
Senior Notes
due 2035
CUSIP:
438516CS3
ISIN:
US438516CS39
$1,450,000,000
9
35
4.350 %
$1,021.21
$933,002,000
$933,002,000
4.950%
Senior Notes
due 2031
CUSIP:
438516CR5
ISIN:
US438516CR55
$500,000,000
10
25
3.997 %
$1,032.90
$273,539,000
$273,539,000
4.750%
Senior Notes
due 2032
CUSIP:
438516CZ7
ISIN:
US438516CZ71
$650,000,000
11
35
3.997 %
$1,020.10
$397,451,000
$369,149,000
4.500%
Senior Notes
due 2034
CUSIP:
438516CM6
ISIN:
US438516CM68
$1,000,000,000
12
20
N/A
N/A
$620,200,000
$0
3.812%
Senior Notes
due 2047
CUSIP:
438516BS4
ISIN:
US438516BS48
$442,373,000
13
55
N/A
N/A
$145,000,000
$0
2.800%
Senior Notes
due 2050
CUSIP:
438516CA2
ISIN:
US438516CA21
$700,983,000
14
30
N/A
N/A
$123,334,000
$0
2.700%
Senior Notes
due 2029
CUSIP:
438516BU9
ISIN:
US438516BU93
$750,000,000
15
15
N/A
N/A
$417,653,000
$0
1.950%
Senior Notes
due 2030
CUSIP:
438516BZ8
ISIN:
US438516BZ80
$948,845,000
16
15
N/A
N/A
$401,631,000
$0
1.750%
Senior Notes
due 2031
CUSIP:
438516CF1
ISIN:
US438516CF18
$1,496,188,000
17
30
N/A
N/A
$838,350,000
$0
Total


$13,010,452,000








$7,212,777,000
$4,638,307,000 Table 2: Euro Securities Subject to The Euro Tender OfferTitle of
Security
Security
Identifier(s)
Principal Amount
Outstanding
Acceptance
Priority Level
Fixed
Spread
Reference
Yield
Total
Consideration
Principal
Amount
Tendered as of
the Early
Participation
Date
Principal
Amount to be
Accepted for
Purchase3.500% Senior
Notes due
2027†
Common Code:
262493865
ISIN:
XS2624938655
€650,000,000
1
20
2.591 %
€1,007.84
€456,629,000
€456,629,0002.250% Senior
Notes due
2028†
Common Code:
136602691
ISIN:
XS1366026919
€750,000,000
2
30
2.616 %
€1,000.00
€455,871,000
€455,871,0004.125% Senior
Notes due 2034
Common Code:
255190342
ISIN:
XS2551903425
€1,000,000,000
3
70
2.969 %
€1,032.25
€465,238,000
€465,238,0003.750% Senior
Notes due 2032
Common Code:
262493873
ISIN:
XS2624938739
€500,000,000
4
65
2.890 %
€1,011.03
€322,147,000
€322,147,0003.750% Senior
Notes due 2036
Common Code:
277689006
ISIN:
XS2776890068
€750,000,000
5
75
3.014 %
€998.93
€374,322,000
€374,322,0003.375% Senior
Notes due 2030
Common Code:
277688999
ISIN:
XS2776889995
€750,000,000
6
35
2.851 %
€1,006.13
€392,826,000
€392,826,0000.750% Senior
Notes due 2032
Common Code:
212609404
ISIN:
XS2126094049
€500,000,000
7
45
N/A
N/A
€137,018,000
€0Total


€4,900,000,000








€2,604,051,000
€2,467,033,000 † On March 6, 2026, Honeywell announced that it had issued a conditional notice of full redemption to redeem all €650,000,000 in outstanding principal amount of its 3.500% Notes (the "3.500% Notes"). On March 10, Honeywell issued a notice of full redemption to redeem all €750,000,000 in outstanding principal amount of its 2.250% Notes (the "2.250% Notes"). As of the date of this press release, the Redemption Condition for the redemption of the 3.500% Notes has been satisfied. To the extent any 3.500% Notes and any 2.250% Notes have not previously been validly tendered and accepted for purchase in the Euro Tender Offer, such Securities will be redeemed on April 10, 2026. This press release does not constitute a notice of redemption of the 3.500% Notes or the 2.250% Notes. The conditional redemption of the 3.500% Notes and the redemption of the 2.250% Notes are being made solely pursuant to separately issued notices of redemption delivered pursuant to the indenture governing such Securities.Honeywell expects to accept for purchase all Dollar Securities with Acceptance Priority Levels of 1 through 10 and the Dollar Securities with Acceptance Priority Level of 11 on a pro rata basis up to the Dollar Total Maximum Amount, using a proration factor of approximately 93%, that were validly tendered in the Dollar Tender Offer as of the Early Participation Date. Honeywell expects to accept for purchase all Euro Securities with Acceptance Priority Levels of 1 through 6 that were validly tendered in the Euro Tender Offer as of the Early Participation Date. Honeywell intends to exercise its right to purchase the Securities that were validly tendered at or before the Early Participation Date and that are accepted for purchase on March 24, 2026 (the "Early Payment Date"). Securities that are accepted in the Tender Offers will be purchased, retired and cancelled and will no longer remain outstanding obligations of Honeywell.Due to the Dollar Total Maximum Amount and Euro Total Maximum Amount, Honeywell is not accepting for purchase any Dollar Securities having an Acceptance Priority Level of 12 or lower and is not accepting any Euro Securities having an Acceptance Priority Level of 7. Any tendered Securities not accepted for purchase will be credited to appropriate accounts at the relevant Clearing System promptly following the Early Payment Date.The Expiration Date for the Tender Offers is 5:00 p.m., New York City time, on April 7, 2026, unless extended or earlier terminated by Honeywell in respect of a Tender Offer. Given that the aggregate purchase price of the Dollar Securities validly tendered in the Dollar Tender Offer at or prior to the Early Participation Date exceeds the Dollar Total Maximum Amount and the aggregate purchase price of the Euro Securities validly tendered in the Euro Tender Offer at or prior to the Early Participation Date exceeds the Euro Total Maximum Amount, Honeywell will not accept any further tenders of Dollar Securities or Euro Securities.Holders who validly tendered such Securities at or before the Early Participation Date, once such Securities are accepted for purchase, will be eligible to receive the applicable "Total Consideration" for their accepted Securities. The "Total Consideration" payable for each series of Securities will be a price per $1,000 or €1,000 principal amount, as applicable, of such series of Securities validly tendered pursuant to the applicable Tender Offer at or prior to the applicable Early Participation Date, and accepted for purchase by Honeywell on the Early Payment Date. The "Total Consideration" includes an early participation amount of $50 per $1,000 principal amount of the Dollar Securities or €50 per €1,000 principal amount of the Euro Securities, as applicable. In addition, holders whose Securities are accepted for purchase pursuant to the Tender Offers will also receive accrued and unpaid interest on the accepted Securities from, and including, the most recent interest payment date prior to the applicable Payment Date up to, but not including, the Early Payment Date.Honeywell has retained BofA Securities, Inc., Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC to act as the Dealer Managers in connection with the Tender Offers (collectively, the "Dealer Managers").  Questions regarding terms and conditions of the Tender Offers should be directed to BofA Securities at +1 (888) 292-0070 (toll free), Merrill Lynch International at +44 20-7997-5420 (London) or via email at debt_advisory @justjoe (toll free) and Morgan Stanley & Co. LLC at +1 (800) 624-1808 (toll free) or +1 (212) 761-1057 (collect).D.F. King has been appointed the information and tender agent with respect to the Tender Offers (the "Information and Tender Agent").  The Offer to Purchase can be accessed at the Tender Offers website: http://www.dfking.com/honeywell.  Questions or requests for assistance in connection with the tendering procedures for the Securities in the Tender Offers or for additional copies of the Offer to Purchase may be directed to the Information and Tender Agent at +1 (800) 967-5074 (toll free), +1 (212) 784-6885 (collect), +44 (0)20 7920 9700 (London) or via e-mail at honeywell@dfking.com.  You may also contact your broker, dealer, commercial bank or trust company or other nominee for assistance concerning the Tender Offers.Honeywell reserves the right, in its sole and absolute discretion, not to purchase any Securities or to extend, re-open, withdraw or terminate one or both of the Tender Offers and to amend or waive any of the terms and conditions of one or both of the Tender Offers in any manner, subject to applicable laws and regulations.Unless stated otherwise, announcements in connection with the Tender Offers will be made available on Honeywell's website at https://investor.honeywell.com/news.  Such announcements may also be made by (i) the issue of a press release and (ii) the delivery of notices to the Clearing Systems for communication to Direct Participants.  Copies of all such announcements, press releases and notices can also be obtained from the Information and Tender Agent, the corresponding contact details for whom are set out above.  Significant delays may be experienced where notices are delivered to the Clearing Systems and Holders are urged to contact the Information and Tender Agent for the relevant announcements relating to the Tender Offers.  In addition, all documentation relating to the Tender Offers, together with any updates, will be available via the Offer Website: http://www.dfking.com/honeywell.DISCLAIMER This announcement must be read in conjunction with the Offer to Purchase.  This announcement and the Offer to Purchase contain important information that should be read carefully before any decision is made with respect to the Tender Offers.  If you are in any doubt as to the contents of this announcement or the Offer to Purchase or the action you should take, you are recommended to seek your own financial, legal and tax advice, including as to any tax consequences, immediately from your broker, bank manager, solicitor, accountant or other independent financial or legal adviser.  Any individual or company whose Securities are held on its behalf by a broker, dealer, bank, custodian, trust company or other nominee or intermediary must contact such entity if it wishes to participate in the Tender Offers.  None of Honeywell, the Dealer Managers, the Information and Tender Agent or any of their respective directors, officers, employees, agents or affiliates makes any recommendation as to whether or not Holders should tender their Securities in the Tender Offers.None of the Dealer Managers, the Information and Tender Agent or any of their respective directors, officers, employees, agents or affiliates assumes any responsibility for the accuracy or completeness of the information concerning Honeywell, the Securities or the Tender Offers contained in this announcement or in the Offer to Purchase.  None of the Dealer Managers, the Information and Tender Agent or any of their respective directors, officers, employees, agents or affiliates is acting for any Holder, or will be responsible to any Holder for providing any protections which would be afforded to its clients or for providing advice in relation to the Tender Offers, and accordingly none of the Dealer Managers, the Information and Tender Agent or any of their respective directors, officers, employees, agents or affiliates assumes any responsibility for any failure by Honeywell to disclose information with regard to Honeywell or the Securities which is material in the context of the Tender Offers and which is not otherwise publicly available.GeneralThis announcement is for informational purposes only.  Each Tender Offer was made solely pursuant to the Offer to Purchase.  Neither this announcement nor the Offer to Purchase, or the electronic transmission thereof, constitutes an offer to sell or buy Securities, as applicable, in any jurisdiction in which, or to or from any person to or from whom, it is unlawful to make such offer or solicitation under applicable securities laws or otherwise.  The distribution of this announcement in certain jurisdictions may be restricted by law.  In those jurisdictions where the securities, blue sky or other laws require the Tender Offers to be made by a licensed broker or dealer and the Dealer Managers or any of their respective affiliates is such a licensed broker or dealer in any such jurisdiction, the Tender Offers shall be deemed to have been made by the Dealer Managers or such affiliate (as the case may be) on behalf of Honeywell in such jurisdiction.No action has been or will be taken in any jurisdiction that would permit the possession, circulation or distribution of either this announcement, the Offer to Purchase or any material relating to Honeywell, any subsidiary of Honeywell or the Securities in any jurisdiction where action for that purpose is required.  Accordingly, none of this announcement, the Offer to Purchase or any other offering material or advertisements in connection with the Tender Offers may be distributed or published, in or from any such country or jurisdiction, except in compliance with any applicable rules or regulations of any such country or jurisdiction.The distribution of this announcement and the Offer to Purchase in certain jurisdictions may be restricted by law.  Persons into whose possession this announcement or the Offer to Purchase comes are required by Honeywell, the Dealer Managers and the Information and Tender Agent to inform themselves about, and to observe, any such restrictions.This communication has not been approved by an authorized person for the purposes of Section 21 of the Financial Services and Markets Act 2000, as amended (the "FSMA").  Accordingly, this communication is not being directed at persons within the United Kingdom save in circumstances where Section 21(1) of the FSMA does not apply.This announcement does not constitute an offer of securities to the public in any Member State of the European Economic Area (a "Relevant State").  In any Relevant State, this communication is only addressed to and is only directed at qualified investors within the meaning of Article 2(e) of the Regulation (EU) 2017/1129 (as amended or superseded) (the "Prospectus Regulation") in that Relevant State.  This announcement and information contained herein must not be acted on or relied upon by persons who are not qualified investors within the meaning of Article 2(e) of the Prospectus Regulation.The communication of this announcement, the Offer to Purchase and any other documents or materials relating to the Tender Offers is not being made, and such documents and/or materials have not been approved, by an authorized person for the purposes of Section 21 of the Financial Services and Markets Act 2000, as amended. Accordingly, such documents and/or materials are not being distributed to, and must not be passed on to, the general public in the United Kingdom. The communication of such documents and/or materials as a financial promotion is only being made to those persons in the United Kingdom falling within the definition of investment professionals (as defined in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Financial Promotion Order")) or persons who are within Article 43(2) of the Financial Promotion Order or any other persons to whom it may otherwise lawfully be made under the Financial Promotion Order.Each Holder participating in a Tender Offer will give certain representations in respect of the jurisdictions referred to above and generally as set out in the Offer to Purchase.  Any tender of Securities pursuant to the Tender Offers from a Holder that is unable to make these representations will not be accepted.  Each of Honeywell, the Dealer Managers and the Information and Tender Agent reserves the right, in its sole and absolute discretion, to investigate, in relation to any tender of Securities pursuant to the Tender Offers, whether any such representation given by a Holder is correct and, if such investigation is undertaken and as a result Honeywell determines (for any reason) that such representation is not correct, such tender shall not be accepted.About HoneywellHoneywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology that help make the world smarter and safer as well as more sustainable.Forward-Looking Statements and Other DisclaimersWe describe many of the trends and other factors that drive our business and future results in this release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are those that address activities, events, or developments that management intends, expects, projects, believes, or anticipates will or may occur in the future. They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, and other relevant factors, many of which are difficult to predict and outside of our control. They are not guarantees of future performance, and actual results, developments and business decisions may differ significantly from those envisaged by our forward-looking statements, including with respect to any changes in or abandonment of the proposed distribution by Honeywell to its shareowners of 100% of the outstanding shares of Honeywell Aerospace Inc.'s ("Aerospace") common stock (the "Spin-Off"), the Tender Offers or the redemption of certain outstanding series of Honeywell debt securities. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties, including ongoing macroeconomic and geopolitical risks, such as changes in or application of trade and tax laws and policies, including the impacts of tariffs and other trade barriers and restrictions, lower GDP growth or recession in the U.S. or globally, supply chain disruptions, capital markets volatility, inflation, and certain regional conflicts, that can affect our performance in both the near- and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved. Some of the important factors that could cause Honeywell's or Aerospace's actual results to differ materially from those projected in any such forward-looking statements include, but are not limited to: (i) the ability of Honeywell to effect the Spin-Off described above and to meet the conditions related thereto; (ii) the possibility that the Spin-Off will not be completed within the anticipated time period or at all; (iii) the possibility that the Spin-Off will not achieve its intended benefits; (iv) the impact of the Spin-Off on Honeywell's and Aerospace's businesses and the risk that the Spin-Off may be more difficult, time-consuming or costly than expected, including the impact on their resources, systems, procedures and controls, diversion of management's attention and the impact and possible disruption of existing relationships with regulators, customers, suppliers, employees and other business counterparties; (v) the possibility of disruption, including disputes, litigation or unanticipated costs, in connection with the Spin-Off; (vi) the uncertainty of the expected financial performance of Honeywell or Aerospace following completion of the Spin-Off; (vii) negative effects of the announcement or pendency of the Spin-Off on the market price of Honeywell's securities and/or on the financial performance of Honeywell or Aerospace; (viii) the ability to achieve anticipated capital structures in connection with the Spin-Off, including the future availability of credit and factors that may affect such availability; (ix) the ability to achieve anticipated credit ratings in connection with the Spin-Off; (x) the ability to achieve anticipated tax treatments in connection with the Spin-Off and future, if any, divestitures, mergers, acquisitions and other portfolio changes and the impact of changes in relevant tax and other laws; and (xi) the failure to realize expected benefits and effectively manage and achieve anticipated synergies and operational efficiencies in connection with the Spin-Off and completed and future, if any, divestitures, mergers, acquisitions, and other portfolio management, productivity and infrastructure actions. These forward-looking statements should be considered in light of the information included in this release, our Form 10-K and other filings with the SEC. Any forward-looking plans described herein are not final and may be modified or abandoned at any time.Contacts:


MediaInvestor RelationsStacey JonesMark Macaluso(980) 378-6258(704) 627-6118Stacey.Jones@honeywell.comMark.Macaluso@honeywell.com 



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Original: HONEYWELL ANNOUNCES PRICING OF ITS DEBT TENDER OFFERS

HONEYWELL ANNOUNCES EARLY PARTICIPATION RESULTS AND UPSIZING OF ITS DEBT TENDER OFFERSMarch 20, 2026 8:00 AM
PR Newswire (US)

CHARLOTTE, N.C., March 20, 2026 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced the results as of 5:00 p.m., New York City time, on March 19, 2026 (the "Early Participation Date"), for its previously announced offers to purchase for cash the securities listed in Table 1 below (collectively, the "Dollar Securities") and the securities listed in Table 2 below (collectively, the "Euro Securities" and, together with the Dollar Securities, the "Securities") issued by Honeywell. Honeywell has amended the terms of its offer to purchase the Dollar Securities for cash by increasing the Dollar Total Maximum Amount from $3,750,000,000 to $4,670,000,000 (as so amended, the "Dollar Total Maximum Amount" and, such offer to purchase, the "Dollar Tender Offer"). Honeywell intends to amend the terms of its offer to purchase the Euro Securities for cash by increasing the Euro Total Maximum Amount so that Honeywell will accept for purchase all Euro Securities that were validly tendered in the Euro Tender Offer as of the Early Participation Date with an Acceptance Priority Level (as defined below) of 1 through 6 (as so amended, the "Euro Total Maximum Amount" and, such offer to purchase, the "Euro Tender Offer" and, together with the Dollar Tender Offer, the "Tender Offers" and each, a "Tender Offer"). The amended Euro Total Maximum Amount will be announced following the Reference Yield Determination Date (as defined below). All other terms and conditions set forth in the offer to purchase, dated March 6, 2026 (as it may be amended or supplemented from time to time, the "Offer to Purchase") remain unchanged. Capitalized terms used but not defined in this announcement have the meanings given to them in the Offer to Purchase.







The tables below outline the title and identifiers for each series of Securities, the principal amount outstanding as of the Early Participation Date, the acceptance priority level (the "Acceptance Priority Level"), and the principal amount tendered at or before the Early Participation Date as confirmed by the Information and Tender Agent (as defined below). Withdrawal rights for the Tender Offers expired at 5:00 p.m., New York City time, on March 19, 2026, and have not been extended.Table 1: Dollar Securities Subject To The Dollar Tender OfferTitle of Security
Security Identifier(s)
Principal Amount
Outstanding
Acceptance
Priority Level
Principal Amount
Tendered as of the
Early Participation
Date 9.065% Senior Notes due 2033
CUSIP: 019512AM4
ISIN: US019512AM47
$51,207,000
1
$10,837,0006.625% Senior Notes due 2028
CUSIP: 438506AS6
ISIN: US438506AS66
$200,549,000
2
$59,913,0005.700% Senior Notes due 2036
CUSIP: 438516AR7
ISIN: US438516AR73
$441,050,000
3
$215,458,0005.700% Senior Notes due 2037
CUSIP: 438516AT3
ISIN: US438516AT30
$462,569,000
4
$241,340,0005.375% Senior Notes due 2041
CUSIP: 438516BB1
ISIN: US438516BB13
$416,688,000
5
$221,036,0005.350% Senior Notes due 2064
CUSIP: 438516CU8
ISIN: US438516CU84
$650,000,000
6
$460,755,0005.250% Senior Notes due 2054
CUSIP: 438516CT1
ISIN: US438516CT12
$1,750,000,000
7
$1,212,870,0005.000% Senior Notes due 2033
CUSIP: 438516CK0
ISIN: US438516CK03
$1,100,000,000
8
$640,408,0005.000% Senior Notes due 2035
CUSIP: 438516CS3
ISIN: US438516CS39
$1,450,000,000
9
$933,002,0004.950% Senior Notes due 2031
CUSIP: 438516CR5
ISIN: US438516CR55
$500,000,000
10
$273,539,0004.750% Senior Notes due 2032
CUSIP: 438516CZ7
ISIN: US438516CZ71
$650,000,000
11
$397,451,0004.500% Senior Notes due 2034
CUSIP: 438516CM6
ISIN: US438516CM68
$1,000,000,000
12
$620,200,0003.812% Senior Notes due 2047
CUSIP: 438516BS4
ISIN: US438516BS48
$442,373,000
13
$145,000,0002.800% Senior Notes due 2050
CUSIP: 438516CA2
ISIN: US438516CA21
$700,983,000
14
$123,334,0002.700% Senior Notes due 2029
CUSIP: 438516BU9
ISIN: US438516BU93
$750,000,000
15
$417,653,0001.950% Senior Notes due 2030
CUSIP: 438516BZ8
ISIN: US438516BZ80
$948,845,000
16
$401,631,0001.750% Senior Notes due 2031
CUSIP: 438516CF1
ISIN: US438516CF18
$1,496,188,000
17
$838,350,000Total


$13,010,452,000


$7,212,777,000 Table 2: Euro Securities Subject to The Euro Tender OfferTitle of Security
Security Identifier(s)
Principal Amount
Outstanding
Acceptance
Priority Level
Principal Amount
Tendered as of the
Early Participation
Date 3.500% Senior Notes due 2027†
Common Code: 262493865
ISIN: XS2624938655
€650,000,000
1
€456,629,0002.250% Senior Notes due 2028†
Common Code: 136602691
ISIN: XS1366026919
€750,000,000
2
€455,871,0004.125% Senior Notes due 2034
Common Code: 255190342
ISIN: XS2551903425
€1,000,000,000
3
€465,238,0003.750% Senior Notes due 2032
Common Code: 262493873
ISIN: XS2624938739
€500,000,000
4
€322,147,0003.750% Senior Notes due 2036
Common Code: 277689006
ISIN: XS2776890068
€750,000,000
5
€374,322,0003.375% Senior Notes due 2030
Common Code: 277688999
ISIN: XS2776889995
€750,000,000
6
€392,826,0000.750% Senior Notes due 2032
Common Code: 212609404
ISIN: XS2126094049
€500,000,000
7
€137,018,000Total


€4,900,000,000


€2,604,051,000
† On March 6, 2026, Honeywell announced that it had issued a conditional notice of full redemption to redeem all €650,000,000 in outstanding principal amount of its 3.500% Notes (the "3.500% Notes"). On March 10, Honeywell issued a notice of full redemption to redeem all €750,000,000 in outstanding principal amount of its 2.250% Notes (the "2.250% Notes"). As of the date of this press release, the Redemption Condition for the redemption of the 3.500% Notes has been satisfied. To the extent any 3.500% Notes and any 2.250% Notes have not previously been validly tendered and accepted for purchase in the Euro Tender Offer, such Securities will be redeemed on April 10, 2026. This press release does not constitute a notice of redemption of the 3.500% Notes or the 2.250% Notes. The conditional redemption of the 3.500% Notes and the redemption of the 2.250% Notes are being made solely pursuant to separately issued notices of redemption delivered pursuant to the indenture governing such Securities.The Expiration Date for the Tender Offers is 5:00 p.m., New York City time, on April 7, 2026, unless extended or earlier terminated by Honeywell in respect of a Tender Offer in its sole and absolute discretion. As previously announced, the applicable "Reference Yield" for each series of Securities will be determined at 10:00 a.m., New York City time, on March 20, 2026 (the "Reference Yield Determination Date").Each Tender Offer is subject to certain conditions, including the Financing Condition (as defined in the Offer to Purchase). As of the date of this press release, the Financing Condition has been satisfied. The Tender Offers are not conditioned on any minimum amount of Securities being tendered. Neither Tender Offer is conditioned on completion of the other, and each Tender Offer otherwise operates independently of the other Tender Offer. Subject to Honeywell's right to terminate one or both of the Tender Offers, and subject to the Dollar Total Maximum Amount or the Euro Total Maximum Amount, as applicable, the applicable Acceptance Priority Levels and proration, Honeywell will purchase the Securities that have been validly tendered at or before the applicable Expiration Date, subject to all conditions to such Tender Offer having been satisfied or waived by Honeywell promptly following the applicable Expiration Date (the date of such purchase, which is expected to be the second business day following the applicable Expiration Date). Honeywell reserves the right, but is not obligated, in its sole and absolute discretion, to purchase the Securities that have been validly tendered at or prior to the applicable Early Participation Date or following the applicable Early Participation Date but prior to the applicable Expiration Date, subject to all conditions to such Tender Offer having been satisfied or waived by Honeywell.Honeywell has retained BofA Securities, Inc., Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC to act as the Dealer Managers in connection with the Tender Offers (collectively, the "Dealer Managers").  Questions regarding terms and conditions of the Tender Offers should be directed to BofA Securities at +1 (888) 292-0070 (toll free), Merrill Lynch International at +44 20-7997-5420 (London) or via email at debt_advisory @justjoe (toll free) and Morgan Stanley & Co. LLC at +1 (800) 624-1808 (toll free) or +1 (212) 761-1057 (collect).D.F. King has been appointed the information and tender agent with respect to the Tender Offers (the "Information and Tender Agent").  The Offer to Purchase can be accessed at the Tender Offers website: http://www.dfking.com/honeywell.  Questions or requests for assistance in connection with the tendering procedures for the Securities in the Tender Offers or for additional copies of the Offer to Purchase may be directed to the Information and Tender Agent at +1 (800) 967-5074 (toll free), +1 (212) 784-6885 (collect), +44 (0)20 7920 9700 (London) or via e-mail at honeywell@dfking.com.  You may also contact your broker, dealer, commercial bank or trust company or other nominee for assistance concerning the Tender Offers.Honeywell reserves the right, in its sole and absolute discretion, not to purchase any Securities or to extend, re-open, withdraw or terminate one or both of the Tender Offers and to amend or waive any of the terms and conditions of one or both of the Tender Offers in any manner, subject to applicable laws and regulations.Holders are advised to read carefully the Offer to Purchase for full details of and information on the procedures for participating in the Tender Offers.Holders are advised to check with any custodian or nominee, or other intermediary through which they hold Securities, whether such entity would require the receipt of instructions to participate in, or notice of a revocation of their instruction to participate in, the Tender Offers before the deadlines specified above.  The deadlines set by any custodian or nominee, or by the relevant Clearing System, for the submission and revocation of valid electronic tender and blocking instructions, in the form required by the relevant Clearing System, may be earlier than the relevant deadlines specified above.Unless stated otherwise, announcements in connection with the Tender Offers will be made available on Honeywell's website at https://investor.honeywell.com/news.  Such announcements may also be made by (i) the issue of a press release and (ii) the delivery of notices to the Clearing Systems for communication to Direct Participants.  Copies of all such announcements, press releases and notices can also be obtained from the Information and Tender Agent, the corresponding contact details for whom are set out above.  Significant delays may be experienced where notices are delivered to the Clearing Systems and Holders are urged to contact the Information and Tender Agent for the relevant announcements relating to the Tender Offers.  In addition, all documentation relating to the Tender Offers, together with any updates, will be available via the Offer Website: http://www.dfking.com/honeywell.DISCLAIMER This announcement must be read in conjunction with the Offer to Purchase.  This announcement and the Offer to Purchase contain important information that should be read carefully before any decision is made with respect to the Tender Offers.  If you are in any doubt as to the contents of this announcement or the Offer to Purchase or the action you should take, you are recommended to seek your own financial, legal and tax advice, including as to any tax consequences, immediately from your broker, bank manager, solicitor, accountant or other independent financial or legal adviser.  Any individual or company whose Securities are held on its behalf by a broker, dealer, bank, custodian, trust company or other nominee or intermediary must contact such entity if it wishes to participate in the Tender Offers.  None of Honeywell, the Dealer Managers, the Information and Tender Agent or any of their respective directors, officers, employees, agents or affiliates makes any recommendation as to whether or not Holders should tender their Securities in the Tender Offers.None of the Dealer Managers, the Information and Tender Agent or any of their respective directors, officers, employees, agents or affiliates assumes any responsibility for the accuracy or completeness of the information concerning Honeywell, the Securities or the Tender Offers contained in this announcement or in the Offer to Purchase.  None of the Dealer Managers, the Information and Tender Agent or any of their respective directors, officers, employees, agents or affiliates is acting for any Holder, or will be responsible to any Holder for providing any protections which would be afforded to its clients or for providing advice in relation to the Tender Offers, and accordingly none of the Dealer Managers, the Information and Tender Agent or any of their respective directors, officers, employees, agents or affiliates assumes any responsibility for any failure by Honeywell to disclose information with regard to Honeywell or the Securities which is material in the context of the Tender Offers and which is not otherwise publicly available.GeneralThis announcement is for informational purposes only.  Each Tender Offer is being made solely pursuant to the Offer to Purchase.  Neither this announcement nor the Offer to Purchase, or the electronic transmission thereof, constitutes an offer to sell or buy Securities, as applicable, in any jurisdiction in which, or to or from any person to or from whom, it is unlawful to make such offer or solicitation under applicable securities laws or otherwise.  The distribution of this announcement in certain jurisdictions may be restricted by law.  In those jurisdictions where the securities, blue sky or other laws require the Tender Offers to be made by a licensed broker or dealer and the Dealer Managers or any of their respective affiliates is such a licensed broker or dealer in any such jurisdiction, the Tender Offers shall be deemed to be made by the Dealer Managers or such affiliate (as the case may be) on behalf of Honeywell in such jurisdiction.No action has been or will be taken in any jurisdiction that would permit the possession, circulation or distribution of either this announcement, the Offer to Purchase or any material relating to Honeywell, any subsidiary of Honeywell or the Securities in any jurisdiction where action for that purpose is required.  Accordingly, none of this announcement, the Offer to Purchase or any other offering material or advertisements in connection with the Tender Offers may be distributed or published, in or from any such country or jurisdiction, except in compliance with any applicable rules or regulations of any such country or jurisdiction.The distribution of this announcement and the Offer to Purchase in certain jurisdictions may be restricted by law.  Persons into whose possession this announcement or the Offer to Purchase comes are required by Honeywell, the Dealer Managers and the Information and Tender Agent to inform themselves about, and to observe, any such restrictions.This communication has not been approved by an authorized person for the purposes of Section 21 of the Financial Services and Markets Act 2000, as amended (the "FSMA").  Accordingly, this communication is not being directed at persons within the United Kingdom save in circumstances where section 21(1) of the FSMA does not apply.This announcement does not constitute an offer of securities to the public in any Member State of the European Economic Area (a "Relevant State").  In any Relevant State, this communication is only addressed to and is only directed at qualified investors within the meaning of Article 2(e) of the Regulation (EU) 2017/1129 (as amended or superseded) (the "Prospectus Regulation") in that Relevant State.  This announcement and information contained herein must not be acted on or relied upon by persons who are not qualified investors within the meaning of Article 2(e) of the Prospectus Regulation.The communication of this announcement, the Offer to Purchase and any other documents or materials relating to the Tender Offers is not being made, and such documents and/or materials have not been approved, by an authorized person for the purposes of section 21 of the Financial Services and Markets Act 2000, as amended. Accordingly, such documents and/or materials are not being distributed to, and must not be passed on to, the general public in the United Kingdom. The communication of such documents and/or materials as a financial promotion is only being made to those persons in the United Kingdom falling within the definition of investment professionals (as defined in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Financial Promotion Order")) or persons who are within Article 43(2) of the Financial Promotion Order or any other persons to whom it may otherwise lawfully be made under the Financial Promotion Order.Each Holder participating in a Tender Offer will give certain representations in respect of the jurisdictions referred to above and generally as set out in the Offer to Purchase.  Any tender of Securities pursuant to the Tender Offers from a Holder that is unable to make these representations will not be accepted.  Each of Honeywell, the Dealer Managers and the Information and Tender Agent reserves the right, in its sole and absolute discretion, to investigate, in relation to any tender of Securities pursuant to the Tender Offers, whether any such representation given by a Holder is correct and, if such investigation is undertaken and as a result Honeywell determines (for any reason) that such representation is not correct, such tender shall not be accepted.About HoneywellHoneywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology that help make the world smarter and safer as well as more sustainable.Forward-Looking Statements and Other DisclaimersWe describe many of the trends and other factors that drive our business and future results in this release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are those that address activities, events, or developments that management intends, expects, projects, believes, or anticipates will or may occur in the future. They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, and other relevant factors, many of which are difficult to predict and outside of our control. They are not guarantees of future performance, and actual results, developments and business decisions may differ significantly from those envisaged by our forward-looking statements, including with respect to any changes in or abandonment of the proposed distribution by Honeywell to its shareowners of 100% of the outstanding shares of Honeywell Aerospace Inc.'s ("Aerospace") common stock (the "Spin-Off") , the Tender Offers or the redemption of certain outstanding series of Honeywell debt securities. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties, including ongoing macroeconomic and geopolitical risks, such as changes in or application of trade and tax laws and policies, including the impacts of tariffs and other trade barriers and restrictions, lower GDP growth or recession in the U.S. or globally, supply chain disruptions, capital markets volatility, inflation, and certain regional conflicts, that can affect our performance in both the near- and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved. Some of the important factors that could cause Honeywell's or Aerospace's actual results to differ materially from those projected in any such forward-looking statements include, but are not limited to: (i) the ability of Honeywell to effect the Spin-Off described above and to meet the conditions related thereto; (ii) the possibility that the Spin-Off will not be completed within the anticipated time period or at all; (iii) the possibility that the Spin-Off will not achieve its intended benefits; (iv) the impact of the Spin-Off on Honeywell's and Aerospace's businesses and the risk that the Spin-Off may be more difficult, time-consuming or costly than expected, including the impact on their resources, systems, procedures and controls, diversion of management's attention and the impact and possible disruption of existing relationships with regulators, customers, suppliers, employees and other business counterparties; (v) the possibility of disruption, including disputes, litigation or unanticipated costs, in connection with the Spin-Off; (vi) the uncertainty of the expected financial performance of Honeywell or Aerospace following completion of the Spin-Off; (vii) negative effects of the announcement or pendency of the Spin-Off on the market price of Honeywell's securities and/or on the financial performance of Honeywell or Aerospace; (viii) the ability to achieve anticipated capital structures in connection with the Spin-Off, including the future availability of credit and factors that may affect such availability; (ix) the ability to achieve anticipated credit ratings in connection with the Spin-Off; (x) the ability to achieve anticipated tax treatments in connection with the Spin-Off and future, if any, divestitures, mergers, acquisitions and other portfolio changes and the impact of changes in relevant tax and other laws; and (xi) the failure to realize expected benefits and effectively manage and achieve anticipated synergies and operational efficiencies in connection with the Spin-Off and completed and future, if any, divestitures, mergers, acquisitions, and other portfolio management, productivity and infrastructure actions. These forward-looking statements should be considered in light of the information included in this release, our Form 10-K and other filings with the SEC. Any forward-looking plans described herein are not final and may be modified or abandoned at any time.Contacts:


MediaInvestor RelationsStacey JonesMark Macaluso(980) 378-6258(704) 627-6118Stacey.Jones@honeywell.comMark.Macaluso@honeywell.com 



View original content to download multimedia:https://www.prnewswire.com/news-releases/honeywell-announces-early-participation-results-and-upsizing-of-its-debt-tender-offers-302719773.htmlSOURCE Honeywell

Original: HONEYWELL ANNOUNCES EARLY PARTICIPATION RESULTS AND UPSIZING OF ITS DEBT TENDER OFFERS

HONEYWELL ANNOUNCES PRICING OF HONEYWELL AEROSPACE'S OFFERING OF SENIOR NOTES IN CONNECTION WITH PLANNED SPIN-OFFMarch 10, 2026 8:21 PM
PR Newswire (US)

CHARLOTTE, N.C., March 10, 2026 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced that, in connection with the previously announced plan to spin-off (the "Spin-Off") Honeywell Aerospace Inc. ("Aerospace") from Honeywell, Aerospace has priced a private offering of $1,250,000,000 aggregate principal amount of 3.900% senior notes due 2028 (the "2028 notes"), $1,250,000,000 aggregate principal amount of 4.000% senior notes due 2029 (the "2029 notes"), $500,000,000 aggregate principal amount of floating rate senior notes due 2029 (the "2029 floating rate notes"), $2,000,000,000 aggregate principal amount of 4.300% senior notes due 2031 (the "2031 notes"), $1,750,000,000 aggregate principal amount of 4.600% senior notes due 2033 (the "2033 notes") and $3,250,000,000 aggregate principal amount of 4.950% senior notes due 2036 (the "2036 notes" and, together with the 2028 notes, the 2029 notes, the 2029 floating rate notes, the 2031 notes and the 2033 notes, the "New Money Notes"), $1,000,000,000 aggregate principal amount of 5.622% senior notes due 2046 (the "2046 notes"), $3,500,000,000 aggregate principal amount of 5.732% senior notes due 2056 (the "2056 notes") and $1,500,000,000 aggregate principal amount of 5.852% senior notes due 2066 (the "2066 notes" and, together with the 2046 notes and the 2056 notes, the "Exchange Notes" and, together with the New Money Notes, the "Notes").







The 2028 notes will be issued at 99.928% of par, bear interest at a rate of 3.900% per annum, payable semi-annually in arrears on March 16 and September 16 of each year, beginning on September 16, 2026, and mature on March 16, 2028. The 2029 notes will be issued at 99.832% of par, bear interest at a rate of 4.000% per annum, payable semi-annually in arrears on March 16 and September 16 of each year, beginning on September 16, 2026, and mature on March 16, 2029. The 2029 floating rate notes will be issued at par, bear interest at a rate of compounded SOFR plus 0.630% per annum, payable quarterly in arrears on March 16, June 16, September 16 and December 16 of each year, beginning on June 16, 2026, and mature on March 16, 2029. The 2031 notes will be issued at 99.822% of par, bear interest at a rate of 4.300% per annum, payable semi-annually in arrears on March 16 and September 16 of each year, beginning on September 16, 2026, and mature on March 16, 2031. The 2033 notes will be issued at 99.769% of par, bear interest at a rate of 4.600% per annum, payable semi-annually in arrears on March 16 and September 16 of each year, beginning on September 16, 2026, and mature on March 16, 2033. The 2036 notes will be issued at par, bear interest at a rate of 4.950% per annum, payable semi-annually in arrears on March 16 and September 16 of each year, beginning on September 16, 2026, and mature on March 16, 2036. The 2046 notes will be issued at par, bear interest at a rate of 5.622% per annum, payable semi-annually in arrears on March 16 and September 16 of each year, beginning on September 16, 2026, and mature on March 16, 2046. The 2056 notes will be issued at par, bear interest at a rate of 5.732% per annum, payable semi-annually in arrears on March 16 and September 16 of each year, beginning on September 16, 2026, and mature on March 16, 2056. The 2066 notes will be issued at par, bear interest at a rate of 5.852% per annum, payable semi-annually in arrears on March 16 and September 16 of each year, beginning on September 16, 2026, and mature on March 16, 2066. The Notes offering is expected to close on or about March 16, 2026, subject to customary closing conditions.The Notes are being offered as part of the financing for the planned Spin-Off. Aerospace intends to use the proceeds from the offering of the New Money Notes to make a cash distribution to Honeywell prior to and in contemplation of the Spin-Off and to pay fees and expenses in connection with the Spin-Off, its revolving credit facilities and the Notes offering and/or for general corporate purposes.The Exchange Notes will initially be issued by Aerospace to Honeywell and are expected to be transferred and delivered by Honeywell to Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC and BofA Securities, Inc., as selling noteholders in the offering as designees of certain of their respective affiliates, in satisfaction of certain debt obligations under a credit facility previously entered into by Honeywell with such affiliates of the selling noteholders. Aerospace will not receive any cash proceeds from the offering of the Exchange Notes.The Notes will be senior unsecured obligations of Aerospace and guaranteed on an unsecured senior basis by Honeywell until the Spin-Off is completed. Upon consummation of the Spin-Off, Honeywell will be automatically and unconditionally released from all obligations under its guarantees without any action taken by the holders of the Notes. The closing of the offering of the Notes is not contingent on the completion of the Spin-Off.The Notes and related guarantees have not been, and will not be, registered under the Securities Act of 1933, as amended (the "Securities Act"), or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the Securities Act) except in transactions exempt from, or not subject to, the registration requirements of the Securities Act. Accordingly, the Notes and related guarantees are being offered and sold only to persons reasonably believed to be qualified institutional buyers in accordance with Rule 144A under the Securities Act and outside the United States to non-U.S. persons in reliance on Regulation S under the Securities Act.This press release does not constitute an offer to sell or the solicitation of an offer to buy the Notes or any other security, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful. Any offers of the Notes or related guarantees will be made only by means of a private offering memorandum.About AerospaceHoneywell Aerospace Inc. is a leading global tier-1 aerospace and defense supplier of mission critical systems and technologies that enable the production, maintenance, and safe operation of aerospace and defense platforms. Its systems and technologies support original equipment manufacturer, government, defense prime contractor and aircraft operator customers across the Commercial Air Transport, Defense and Space, and Business Aviation end markets. The company's comprehensive portfolio of market leading systems and technologies are organized into the following segments: Electronic Solutions, Engines & Power Systems and Control Systems.About HoneywellHoneywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology that help make the world smarter and safer as well as more sustainable.Forward-Looking Statements and Other DisclaimersWe describe many of the trends and other factors that drive our business and future results in this release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are those that address activities, events, or developments that management intends, expects, projects, believes, or anticipates will or may occur in the future. They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, and other relevant factors, many of which are difficult to predict and outside of our control. They are not guarantees of future performance, and actual results, developments and business decisions may differ significantly from those envisaged by our forward-looking statements, including with respect to any changes in or abandonment of the proposed Spin-Off, offering of the Notes and use of proceeds contemplated thereby, or the Revolving Credit Facilities. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties, including ongoing macroeconomic and geopolitical risks, such as changes in or application of trade and tax laws and policies, including the impacts of tariffs and other trade barriers and restrictions, lower GDP growth or recession in the U.S. or globally, supply chain disruptions, capital markets volatility, inflation, and certain regional conflicts, that can affect our performance in both the near- and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved. Some of the important factors that could cause Honeywell's or Aerospace's actual results to differ materially from those projected in any such forward-looking statements include, but are not limited to: (i) the ability of Honeywell to effect the Spin-Off described above and to meet the conditions related thereto; (ii) the possibility that the Spin-Off will not be completed within the anticipated time period or at all; (iii) the possibility that the Spin-Off will not achieve its intended benefits; (iv) the impact of the Spin-Off on Honeywell's and Aerospace's businesses and the risk that the Spin-Off may be more difficult, time-consuming or costly than expected, including the impact on their resources, systems, procedures and controls, diversion of management's attention and the impact and possible disruption of existing relationships with regulators, customers, suppliers, employees and other business counterparties; (v) the possibility of disruption, including disputes, litigation or unanticipated costs, in connection with the Spin-Off; (vi) the uncertainty of the expected financial performance of Honeywell or Aerospace following completion of the Spin-Off; (vii) negative effects of the announcement or pendency of the Spin-Off on the market price of Honeywell's securities and/or on the financial performance of Honeywell or Aerospace; (viii) the ability to achieve anticipated capital structures in connection with the Spin-Off, including the future availability of credit and factors that may affect such availability; (ix) the ability to achieve anticipated credit ratings in connection with the Spin-Off; (x) the ability to achieve anticipated tax treatments in connection with the Spin-Off and future, if any, divestitures, mergers, acquisitions and other portfolio changes and the impact of changes in relevant tax and other laws; and (xi) the failure to realize expected benefits and effectively manage and achieve anticipated synergies and operational efficiencies in connection with the Spin-Off and completed and future, if any, divestitures, mergers, acquisitions, and other portfolio management, productivity and infrastructure actions. These forward-looking statements should be considered in light of the information included in this release, our Form 10-K, Aerospace's Form 10 Registration Statement, as amended, and other filings with the SEC. Any forward-looking plans described herein are not final and may be modified or abandoned at any time.Contacts:


Media Investor RelationsStacey JonesMark Macaluso(980) 378-6258(704) 627-6118Stacey.Jones@honeywell.comMark.Macaluso@honeywell.com 



View original content to download multimedia:https://www.prnewswire.com/news-releases/honeywell-announces-pricing-of-honeywell-aerospaces-offering-of-senior-notes-in-connection-with-planned-spin-off-302710192.htmlSOURCE Honeywell

Original: HONEYWELL ANNOUNCES PRICING OF HONEYWELL AEROSPACE'S OFFERING OF SENIOR NOTES IN CONNECTION WITH PLANNED SPIN-OFF

HON, buy the dip

HONEYWELL ANNOUNCES LAUNCH OF HONEYWELL AEROSPACE'S OFFERING OF SENIOR NOTES IN CONNECTION WITH PLANNED SPIN-OFFMarch 6, 2026 8:55 AM
PR Newswire (US)

CHARLOTTE, N.C., March 6, 2026 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced that, in connection with the previously announced plan to spin-off (the "Spin-Off") Honeywell Aerospace Inc. ("Aerospace") from Honeywell, Aerospace has commenced a private offering of up to $16 billion aggregate principal amount of senior notes (the "Notes"). The precise size, timing and terms of the Notes offering are subject to market conditions and other factors.







In connection with the planned Spin-Off, which is expected to be completed in the third quarter of 2026, Aerospace has also entered into a five-year senior unsecured revolving credit facility in an aggregate committed amount of $3 billion and a 364-day senior unsecured revolving facility in an aggregate committed amount of $1 billion (collectively, the "Revolving Credit Facilities").The Notes are being offered as part of the financing for the planned Spin-Off. Aerospace intends to use the proceeds from the offering of certain series of the Notes (the "New Money Notes") to make a cash distribution to Honeywell prior to and in contemplation of the Spin-Off and to pay fees and expenses in connection with the Spin-Off, the Revolving Credit Facilities and the Notes offering and/or for general corporate purposes.Other series of the Notes (the "Exchange Notes") will initially be issued by Aerospace to Honeywell and are expected to be transferred and delivered by Honeywell to Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC and BofA Securities, Inc., as selling noteholders in the offering, in satisfaction of certain debt obligations under a credit facility previously entered into by Honeywell with affiliates of the selling noteholders. Aerospace will not receive any cash proceeds from the offering of the Exchange Notes.The Notes will be senior unsecured obligations of Aerospace and guaranteed on an unsecured senior basis by Honeywell until the Spin-Off is completed. Upon consummation of the Spin-Off, Honeywell will be automatically and unconditionally released from all obligations under its guarantees without any action taken by the holders of the Notes. The closing of the offering of the Notes is not contingent on the completion of the Spin-Off.The Notes and related guarantees have not been, and will not be, registered under the Securities Act of 1933, as amended (the "Securities Act"), or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the Securities Act) except in transactions exempt from, or not subject to, the registration requirements of the Securities Act. Accordingly, the Notes and related guarantees are being offered and sold only to persons reasonably believed to be qualified institutional buyers in accordance with Rule 144A under the Securities Act and outside the United States to non-U.S. persons in reliance on Regulation S under the Securities Act.This press release does not constitute an offer to sell or the solicitation of an offer to buy the Notes or any other security, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful. Any offers of the Notes or related guarantees will be made only by means of a private offering memorandum.About AerospaceHoneywell Aerospace Inc. is a leading global tier-1 aerospace and defense supplier of mission critical systems and technologies that enable the production, maintenance, and safe operation of aerospace and defense platforms. Its systems and technologies support original equipment manufacturer, government, defense prime contractor and aircraft operator customers across the Commercial Air Transport, Defense and Space, and Business Aviation end markets. The company's comprehensive portfolio of market leading systems and technologies are organized into the following segments: Electronic Solutions, Engines & Power Systems and Control Systems.About HoneywellHoneywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology that help make the world smarter and safer as well as more sustainable.Forward-Looking Statements and Other DisclaimersWe describe many of the trends and other factors that drive our business and future results in this release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are those that address activities, events, or developments that management intends, expects, projects, believes, or anticipates will or may occur in the future. They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, and other relevant factors, many of which are difficult to predict and outside of our control. They are not guarantees of future performance, and actual results, developments and business decisions may differ significantly from those envisaged by our forward-looking statements, including with respect to any changes in or abandonment of the proposed Spin-Off, offering of the Notes and use of proceeds contemplated thereby, or the Revolving Credit Facilities. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties, including ongoing macroeconomic and geopolitical risks, such as changes in or application of trade and tax laws and policies, including the impacts of tariffs and other trade barriers and restrictions, lower GDP growth or recession in the U.S. or globally, supply chain disruptions, capital markets volatility, inflation, and certain regional conflicts, that can affect our performance in both the near- and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved. Some of the important factors that could cause Honeywell's or Aerospace's actual results to differ materially from those projected in any such forward-looking statements include, but are not limited to: (i) the ability of Honeywell to effect the Spin-Off described above and to meet the conditions related thereto; (ii) the possibility that the Spin-Off will not be completed within the anticipated time period or at all; (iii) the possibility that the Spin-Off will not achieve its intended benefits; (iv) the impact of the Spin-Off on Honeywell's and Aerospace's businesses and the risk that the Spin-Off may be more difficult, time-consuming or costly than expected, including the impact on their resources, systems, procedures and controls, diversion of management's attention and the impact and possible disruption of existing relationships with regulators, customers, suppliers, employees and other business counterparties; (v) the possibility of disruption, including disputes, litigation or unanticipated costs, in connection with the Spin-Off; (vi) the uncertainty of the expected financial performance of Honeywell or Aerospace following completion of the Spin-Off; (vii) negative effects of the announcement or pendency of the Spin-Off on the market price of Honeywell's securities and/or on the financial performance of Honeywell or Aerospace; (viii) the ability to achieve anticipated capital structures in connection with the Spin-Off, including the future availability of credit and factors that may affect such availability; (ix) the ability to achieve anticipated credit ratings in connection with the Spin-Off; (x) the ability to achieve anticipated tax treatments in connection with the Spin-Off and future, if any, divestitures, mergers, acquisitions and other portfolio changes and the impact of changes in relevant tax and other laws; and (xi) the failure to realize expected benefits and effectively manage and achieve anticipated synergies and operational efficiencies in connection with the Spin-Off and completed and future, if any, divestitures, mergers, acquisitions, and other portfolio management, productivity and infrastructure actions. These forward-looking statements should be considered in light of the information included in this release, our Form 10-K and other filings with the SEC. Any forward-looking plans described herein are not final and may be modified or abandoned at any time.Contacts:


Media                                        Investor RelationsStacey Jones                             Mark Macaluso(980) 378-6258                           (704) 627-6118Stacey.Jones@honeywell.com       Mark.Macaluso@honeywell.com 



View original content to download multimedia:https://www.prnewswire.com/news-releases/honeywell-announces-launch-of-honeywell-aerospaces-offering-of-senior-notes-in-connection-with-planned-spin-off-302706734.htmlSOURCE Honeywell

Original: HONEYWELL ANNOUNCES LAUNCH OF HONEYWELL AEROSPACE'S OFFERING OF SENIOR NOTES IN CONNECTION WITH PLANNED SPIN-OFF

HONEYWELL ANNOUNCES COMMENCEMENT OF CASH TENDER OFFERS TO PURCHASE UP TO $3,750,000,000 AGGREGATE PURCHASE PRICE OF DOLLAR-DENOMINATED SECURITIES AND UP TO €1,250,000,000 AGGREGATE PURCHASE PRICE OF EURO-DENOMINATED SECURITIESMarch 6, 2026 8:55 AM
PR Newswire (US)

CHARLOTTE, N.C., March 6, 2026 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced offers to purchase for cash the securities listed in Table 1 below (collectively, the "Dollar Securities") and the securities listed in Table 2 below (collectively, the "Euro Securities" and, together with the Dollar Securities, the "Securities") issued by Honeywell (i) for up to a maximum aggregate purchase price to be paid for the Dollar Securities validly tendered (excluding the accrued and unpaid interest on the Dollar Securities) of up to $3,750,000,000 (the "Dollar Total Maximum Amount" and, such offer to purchase, the "Dollar Tender Offer") and (ii) for up to a maximum aggregate purchase price to be paid for the Euro Securities validly tendered (excluding the accrued and unpaid interest on the Euro Securities) of up to €1,250,000,000 (the "Euro Total Maximum Amount" and, such offer to purchase, the "Euro Tender Offer" and, together with the Dollar Tender Offer, the "Tender Offers" and each, a "Tender Offer").







Table 1: Dollar Securities Subject To The Dollar Tender OfferTitle of SecuritySecurity Identifier(s)Maturity DatePar Call DatePrincipal Amount Outstanding Acceptance Priority LevelEarly Participation Amount(1)(2)Reference Treasury Security Bloomberg Reference Page/ScreenFixed Spread (basis points)(2)9.065% Senior Notes due 2033CUSIP: 019512AM4
ISIN: US019512AM47June 1, 2033N/A$51,207,0001$504.125% UST due February 15, 2036FIT 1556.625% Senior Notes due 2028CUSIP: 438506AS6
ISIN: US438506AS66June 15, 2028N/A$200,549,0002$503.375% UST due February 29, 2028FIT 1205.700% Senior Notes due 2036CUSIP: 438516AR7
ISIN: US438516AR73March 15, 2036N/A$441,050,0003$504.125% UST due February 15, 2036FIT 1405.700% Senior Notes due 2037CUSIP: 438516AT3
ISIN: US438516AT30March 15, 2037N/A$462,569,0004$504.125% UST due February 15, 2036FIT 1505.375% Senior Notes due 2041CUSIP: 438516BB1
ISIN: US438516BB13March 1, 2041N/A$416,688,0005$504.125% UST due February 15, 2036FIT 1705.350% Senior Notes due 2064CUSIP: 438516CU8
ISIN: US438516CU84March 1, 2064September 1, 2063$650,000,0006$504.625% UST due November 15, 2055FIT 1705.250% Senior Notes due 2054CUSIP: 438516CT1
ISIN: US438516CT12March 1, 2054September 1, 2053$1,750,000,0007$504.625% UST due November 15, 2055FIT 1655.000% Senior Notes due 2033CUSIP: 438516CK0
ISIN: US438516CK03February 15, 2033November 15, 2032$1,100,000,0008$504.125% UST due February 15, 2036FIT 155.000% Senior Notes due 2035CUSIP: 438516CS3
ISIN: US438516CS39March 1, 2035December 1, 2034$1,450,000,0009$504.125% UST due February 15, 2036FIT 1354.950% Senior Notes due 2031CUSIP: 438516CR5
ISIN: US438516CR55September 1, 2031July 1, 2031$500,000,00010$503.500% UST due February 28, 2031FIT 1254.750% Senior Notes due 2032CUSIP: 438516CZ7
ISIN: US438516CZ71February 1, 2032December 1, 2031$650,000,00011$503.500% UST due February 28, 2031FIT 1354.500% Senior Notes due 2034CUSIP: 438516CM6
ISIN: US438516CM68January 15, 2034October 15, 2033$1,000,000,00012$504.125% UST due February 15, 2036FIT 1203.812% Senior Notes due 2047CUSIP: 438516BS4
ISIN: US438516BS48November 21, 2047May 21, 2047$442,373,00013$504.625% UST due February 15, 2046FIT 1552.800% Senior Notes due 2050CUSIP: 438516CA2
ISIN: US438516CA21June 1, 2050December 1, 2049$700,983,00014$504.625% UST due November 15, 2055FIT 1302.700% Senior Notes due 2029CUSIP: 438516BU9
ISIN: US438516BU93August 15, 2029May 15, 2029$750,000,00015$503.500% UST due February 15, 2029FIT 1151.950% Senior Notes due 2030CUSIP: 438516BZ8
ISIN: US438516BZ80June 1, 2030March 1, 2030$948,845,00016$503.500% UST due February 28, 2031FIT 1151.750% Senior Notes due 2031CUSIP: 438516CF1
ISIN: US438516CF18September 1, 2031June 1, 2031$1,496,188,00017$503.500% UST due February 28, 2031FIT 130Total


$13,010,452,000




 Table 2: Euro Securities Subject to The Euro Tender OfferTitle of SecuritySecurity Identifier(s)Maturity DatePar Call DatePrincipal
Amount Outstanding Acceptance Priority
LevelEarly Participation Amount(1)(2)Reference Treasury Security / Interpolated RateBloomberg Reference Page/ScreenFixed Spread (basis points)(2)3.500% Senior Notes due 2027*†Common Code: 262493865
ISIN: XS2624938655May 17, 2027April 17, 2027€650,000,0001€50OBL 0.000% due April 16, 2027FIT GE1-3202.250% Senior Notes due 2028†Common Code: 136602691
ISIN: XS1366026919February 22, 2028N/A€750,000,0002€50DBR 0.500% due February 15, 2028FIT GE1-3304.125% Senior Notes due 2034Common Code: 255190342
ISIN: XS2551903425November 2, 2034August 2, 2034€1,000,000,0003€50Interpolated Mid Swap RateIRSB EU(3)703.750% Senior Notes due 2032Common Code: 262493873
ISIN: XS2624938739May 17, 2032February 17, 2032€500,000,0004€50Interpolated Mid Swap RateIRSB EU(3)653.750% Senior Notes due 2036Common Code: 277689006
ISIN: XS2776890068March 1, 2036December 1, 2035€750,000,0005€50Interpolated Mid Swap RateIRSB EU(3)753.375% Senior Notes due 2030Common Code: 277688999
ISIN: XS2776889995March 1, 2030January 1, 2030€750,000,0006€50Interpolated Mid Swap RateIRSB EU(3)350.750% Senior Notes due 2032Common Code: 212609404
ISIN: XS2126094049March 10, 2032December 10, 2031€500,000,0007€50Interpolated Mid Swap RateIRSB EU(3)45Total


€ 4,900,000,000




(1)Per $1,000 or €1,000 principal amount, as applicable.
(2)The Total Consideration payable for each series of Securities will be at a price per $1,000 or €1,000 principal amount, as applicable, of such series of Securities validly tendered on or prior to the applicable Early Participation Date and accepted for purchase by us, which is calculated using the applicable Fixed Spread, and when calculated in such a manner already includes the applicable Early Participation Amount. In addition, holders whose Securities are accepted for purchase will also receive any Accrued Interest on such Securities. Holders of Securities that are validly tendered after the Early Participation Date and at or before the Expiration Date and accepted for purchase will receive only the applicable Late Tender Offer Consideration, which does not include the applicable Early Participation Amount, together with any Accrued Interest on such Securities. For the avoidance of doubt, the Early Participation Amount is already included within the Total Consideration, and is not in addition to the Total Consideration.
(3)Pricing Source: BGN.
† On March 6, 2026, Honeywell announced that it had issued a conditional notice of full redemption to redeem all €650,000,000 in outstanding principal amount of its 3.500% Senior Notes Due 2027 (the "3.500% Notes"). Promptly following the pricing of a proposed notes offering by Honeywell Aerospace, Inc. ("Aerospace"), the Company also currently expects to issue a notice of full redemption to redeem all €750,000,000 in outstanding principal amount of its 2.250% Senior Notes due 2028 (the "2.250% Notes"). If (i) the Redemption Condition (as defined in the Offer to Purchase) for the conditional redemption of the 3.500% Notes is satisfied prior the applicable redemption date and (ii) the Company issues a notice of full redemption of the 2.250% Notes, to the extent such Securities have not previously been validly tendered and accepted for purchase in the Euro Tender Offer (as defined below), such Securities will be redeemed on the applicable redemption date at the applicable redemption price. This press release does not constitute a notice of redemption of the 3.500% Notes or the 2.250% Notes. The conditional redemption of the 3.500% Notes is being made, and any redemption of the 2.250% Notes will be made, solely pursuant to separately issued notices of redemption delivered pursuant to the indenture governing such Securities. The statement of expectation relating to the redemption of the 2.250% Notes does not constitute an obligation to issue a notice of redemption, and the decision to issue any such notice of redemption and the selection of any particular redemption date is in the Company's discretion. This press release is not an offer of any Aerospace notes. The Aerospace notes offering is being made solely pursuant to a private offering memorandum.   The Tender Offers are made upon the terms and subject to certain conditions set forth in the offer to purchase, dated March 6, 2026 (as it may be amended or supplemented from time to time, the "Offer to Purchase").  Capitalized terms used but not defined in this announcement have the meanings given to them in the Offer to Purchase.Copies of the Offer to Purchase are available from the Information and Tender Agent as set out below.  All documentation relating to the Offer to Purchase, together with any updates will be available via the Offer Website: www.dfking.com/honeywell.Timetable for the Tender OffersEventDateCommencement of the Tender OffersMarch 6, 2026Early Participation Date5:00 p.m., New York City time, on March 19, 2026, unless
extended or earlier terminated by Honeywell in respect of a
Tender Offer in its sole and absolute discretion.Withdrawal Date5:00 p.m., New York City time, on March 19, 2026, unless
extended by Honeywell in respect of a Tender Offer in its sole
and absolute discretion.Reference Yield Determination Date10:00 a.m., New York City time, on March 20, 2026, unless
extended by Honeywell in respect of a Tender Offer in its sole
and absolute discretion.Early Payment DateThe Early Payment Date may occur, at Honeywell's sole and
absolute discretion, following the applicable Early
Participation Date and prior to the applicable Final Payment
Date, which is currently expected to be March 24, 2026.Expiration Date5:00 p.m., New York City time, on April 7, 2026, unless
extended by Honeywell or earlier terminated by Honeywell in
respect of a Tender Offer, in each case, in its sole and
absolute discretion.Final Payment DateThe Final Payment Date will be promptly following the
applicable Expiration Date and is expected to be on or about
April 9, 2026.Purpose of the Tender OffersWe are making the Tender Offers to purchase certain outstanding debt issued by Honeywell, and, together with the redemption of certain outstanding series of Honeywell debt securities, as further described in the Offer to Purchase, to reduce our leverage in anticipation of the proposed distribution by Honeywell to its shareowners of 100% of the outstanding shares of Honeywell Aerospace Inc.'s common stock (the "Spin-Off"). Securities that are accepted in a Tender Offer will be purchased, retired and cancelled and will no longer remain outstanding obligations of Honeywell.Details of the Tender OffersThe Tender Offers will expire at 5:00 p.m., New York City time, on April 7, 2026, unless extended or earlier terminated by Honeywell in respect of a Tender Offer in its sole and absolute discretion (such date and time, as the same may be extended, the "Expiration Date").  Securities tendered may be withdrawn at any time on or prior to 5:00 p.m., New York City time, on March 19, 2026, unless extended by Honeywell, in respect of a Tender Offer in its sole and absolute discretion (such date and time, as the same may be extended, the "Withdrawal Date"), but not thereafter. In this press release, we refer to Securities that have been validly tendered and not validly withdrawn as having been "validly tendered."Securities validly tendered pursuant to the Tender Offers and accepted for purchase by Honeywell will be accepted for purchase based on the applicable acceptance priority levels set forth in the tables above (the "Acceptance Priority Levels"), subject to the limitation that the maximum aggregate purchase price to be paid for the Dollar Securities in the Dollar Tender Offer (excluding the accrued and unpaid interest on such Dollar Securities) will not exceed the Dollar Total Maximum Amount and the maximum aggregate purchase price to be paid for the Euro Securities in the Euro Tender Offer (excluding the accrued and unpaid interest on such Euro Securities) will not exceed the Euro Total Maximum Amount, and may be subject to proration, all as more fully described herein and in the Offer to Purchase.A separate instruction must be submitted for each beneficial owner of Securities due to possible proration.Holders (the "Holders") of Securities that are validly tendered at or before 5:00 p.m., New York City time, on March 19, 2026, unless extended by Honeywell in respect of a Tender Offer (such date and time, as the same may be extended, the "Early Participation Date"), and accepted for purchase will receive the applicable Total Consideration (as defined below) for their Securities, which includes the applicable early participation amount for the applicable series of Securities set forth in the tables above (the applicable "Early Participation Amount"), together with any accrued and unpaid interest on the Securities from, and including, the most recent interest payment date prior to the applicable Payment Date (as defined in the Offer to Purchase) up to, but not including, the applicable Payment Date ("Accrued Interest").  Subject to the terms and conditions described in herein and in the Offer to Purchase, including the Dollar Total Maximum Amount or the Euro Total Maximum Amount, as applicable, the applicable Acceptance Priority Levels and the proration procedures, Holders of Securities that are validly tendered after the applicable Early Participation Date and at or before the applicable Expiration Date and are accepted for purchase will receive only the applicable "Late Tender Offer Consideration," which consists of the applicable Total Consideration minus the applicable Early Participation Amount, for each $1,000 or €1,000 principal amount, as applicable, of such tendered Securities, plus any Accrued Interest.  The applicable Total Consideration and the Late Tender Offer Consideration will be payable in cash.Each Tender Offer is subject to certain conditions, including the Financing Condition (as defined in the Offer to Purchase).  The Tender Offers are not conditioned on any minimum amount of Securities being tendered.  Neither Tender Offer is conditioned on completion of the other, and each Tender Offer otherwise operates independently of the other Tender Offer.  Subject to Honeywell's right to terminate one or both of the Tender Offers, and subject to the Dollar Total Maximum Amount or the Euro Total Maximum Amount, as applicable, the applicable Acceptance Priority Levels and proration, Honeywell will purchase the Securities that have been validly tendered at or before the applicable Expiration Date, subject to all conditions to such Tender Offer having been satisfied or waived by Honeywell promptly following the applicable Expiration Date (the date of such purchase, which is expected to be the second business day following the applicable Expiration Date, the "Final Payment Date").  Honeywell reserves the right, but is not obligated, in its sole and absolute discretion, to purchase the Securities that have been validly tendered at or before the applicable Early Participation Date or following the applicable Early Participation Date but prior to the applicable Expiration Date, subject to all conditions to such Tender Offer having been satisfied or waived by Honeywell (the date of such purchase, the "Early Payment Date" and together with the Final Payment Date, each a "Payment Date").Honeywell also reserves the right, in its sole and absolute discretion, subject to applicable law, to terminate one or both of the Tender Offers at any time prior to the applicable Expiration Date. Securities that are accepted in the Tender Offers will be purchased, retired and cancelled and will no longer remain outstanding obligations of Honeywell.The Securities accepted for purchase will be accepted in accordance with their Acceptance Priority Levels (with 1 being the highest Acceptance Priority Level in each Tender Offer, 17 being the lowest Acceptance Priority Level with respect to the Dollar Tender Offer and 7 being the lowest Acceptance Priority Level with respect to the Euro Tender Offer), subject to the limitation that the overall aggregate purchase price to be paid for the Securities in each of the Tender Offers (excluding the accrued and unpaid interest on the Securities) will not exceed the Dollar Total Maximum Amount or the Euro Total Maximum Amount, as applicable.Securities validly tendered on or before the applicable Early Participation Date having a higher Acceptance Priority Level will be accepted before any Securities validly tendered on or before the Early Participation Date having a lower Acceptance Priority Level are accepted in each of the Tender Offers, and all Securities validly tendered after the applicable Early Participation Date having a higher Acceptance Priority Level will be accepted before any Securities tendered after the applicable Early Participation Date having a lower Acceptance Priority Level are accepted in the applicable Tender Offer, in each case subject to the Dollar Total Maximum Amount or the Euro Total Maximum Amount, as applicable.  Securities validly tendered on or before the Early Participation Date will be accepted for purchase in priority to other Securities tendered after the Early Participation Date, even if such Securities tendered after the Early Participation Date have a higher Acceptance Priority Level than Securities tendered on or before the Early Participation Date.  Furthermore, if the amount of Securities validly tendered prior to or at the Early Participation Date exceeds the Dollar Total Maximum Amount or the Euro Total Maximum Amount, as applicable, Holders who validly tender Securities in a Tender Offer after the Early Participation Date will not have any of their Securities accepted for purchase regardless of the Acceptance Priority Level of such Securities unless Honeywell increases the Dollar Total Maximum Amount or the Euro Total Maximum Amount, as applicable.Subject to applicable law, Honeywell reserves the right, in its sole and absolute discretion, to waive or modify any one or more of the conditions to the Tender Offers in whole or in part at any time on or prior to the date that any Securities are first accepted for purchase or to (i) increase the Dollar Total Maximum Amount or the Euro Total Maximum Amount or (ii) decrease the Dollar Total Maximum Amount or the Euro Total Maximum Amount.  Any such increase or decrease may be made on the basis of Securities validly tendered through the applicable Early Participation Date and promptly announced on the business day immediately following the applicable Early Participation Date.  Any such increase or decrease may be made without extending the Withdrawal Date or otherwise reinstating withdrawal rights, except as required by applicable law.If Honeywell exercises its right, in its sole and absolute discretion, to purchase the Securities on an Early Payment Date and, on such Early Payment Date, or on the Final Payment Date, there are sufficient remaining funds to purchase some, but not all, of the remaining tendered Securities in any Acceptance Priority Level without exceeding the Dollar Total Maximum Amount or the Euro Total Maximum Amount, as applicable, Honeywell will accept for payment such tendered Securities on a prorated basis, with the proration factor for such Acceptance Priority Level depending on the aggregate principal amount of Securities of such Acceptance Priority Level validly tendered.The "Total Consideration" payable for each series of Securities will be a price per $1,000 or €1,000 principal amount of such series of Securities validly tendered pursuant to the applicable Tender Offer on or prior to the applicable Early Participation Date, and accepted for purchase by us (subject to the applicable Acceptance Priority Levels, the Dollar Total Maximum Amount or the Euro Total Maximum Amount, as applicable, and proration, if any), equal to an amount in the currency in which the applicable Securities are denominated, calculated in accordance with Schedule C-1 or C-2 to the Offer to Purchase, as applicable, that would reflect, as of the applicable Early Payment Date or, to the extent Honeywell does not exercise its right to purchase the Securities on such Early Payment Date, as of the applicable Final Payment Date: (i) for each series of Dollar Securities , a yield to the applicable maturity date or par call date, as the case may be, in accordance with standard market practice, of such series of Securities equal to the sum of (a) the Reference Yield (as defined in the Offer to Purchase) of the applicable reference security set forth in Table 1 above, determined at 10:00 a.m., New York City time, on the first business day following the applicable Early Participation Date (the "Reference Yield Determination Date"), plus (b) the fixed spread applicable to such series, set forth in the Table 1 above, (ii) for the series of Euro Securities constituting the 3.500% Notes and the 2.250% Notes, a yield to the applicable maturity date in accordance with standard market practice, of such series of Securities equal to the sum of (a) the Reference Yield (as defined in the Offer to Purchase) of the applicable reference security set forth in Table 2 above, determined at the Reference Yield Determination Date, plus (b) the fixed spread applicable to such series, set forth in Table 2 above, provided that if such Total Consideration is below €1,000, the Total Consideration will be €1,000, and (iii) for each of the other series of Euro Securities, a yield to the applicable maturity date or par call date, as the case may be, in accordance with standard market practice, of such series of Securities equal to the sum of (a) the reference yield (corresponding to the applicable Interpolated Rate (as defined in the Offer to Purchase) determined at the Reference Yield Determination Date, plus (b) the fixed spread applicable to such series set forth in Table 2 above, in each case, minus accrued and unpaid interest on such Securities from, and including, the most recent interest payment date prior to the applicable Payment Date up to, but not including, such Payment Date.  The applicable Total Consideration already includes the Early Participation Amount for the applicable series of Securities set forth in the tables above. For the avoidance of doubt, the Early Participation Amount is already included within the Total Consideration, and is not in addition to the Total Consideration.For further details on the procedures for tendering the Securities, please refer to the Offer to Purchase, including the procedures set out under the heading "The Tender Offers—Procedures for Tendering Securities" of the Offer to Purchase.Honeywell has retained BofA Securities, Inc., Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC and to act as the Dealer Managers in connection with the Tender Offers (collectively, the "Dealer Managers").  Questions regarding terms and conditions of the Tender Offers should be directed to BofA Securities at +1 (888) 292-0070 (toll free), Merrill Lynch International at +44 20-7997-5420 (London) or via email at debt_advisory @justjoe (toll free) and Morgan Stanley & Co. LLC at +1 (800) 624-1808 (toll free) or +1 (212) 761-1057 (collect).D.F. King has been appointed the information and tender agent with respect to the Tender Offers (the "Information and Tender Agent").  The Offer to Purchase can be accessed at the Tender Offers website: http://www.dfking.com/honeywell.  Questions or requests for assistance in connection with the tendering procedures for the Securities in the Tender Offers or for additional copies of the Offer to Purchase may be directed to the Information and Tender Agent at +1 (800) 967-5074 (toll free), +1 (212) 784-6885 (collect), +44 (0)20 7920 9700 (London) or via e-mail at honeywell@dfking.com.  You may also contact your broker, dealer, commercial bank or trust company or other nominee for assistance concerning the Tender Offers.Honeywell reserves the right, in its sole discretion, not to purchase any Securities or to extend, re-open, withdraw or terminate one or both of the Tender Offers and to amend or waive any of the terms and conditions of one or both of the Tender Offers in any manner, subject to applicable laws and regulations.Holders are advised to read carefully the Offer to Purchase for full details of and information on the procedures for participating in the Tender Offers.Holders are advised to check with any custodian or nominee, or other intermediary through which they hold Securities, whether such entity would require the receipt of instructions to participate in, or notice of a revocation of their instruction to participate in, the Tender Offers before the deadlines specified above.  The deadlines set by any custodian or nominee, or by the relevant Clearing System, for the submission and revocation of valid electronic tender and blocking instructions, in the form required by the relevant Clearing System, may be earlier than the relevant deadlines specified above.Unless stated otherwise, announcements in connection with the Tender Offers will be made available on Honeywell's website at https://investor.honeywell.com/news.  Such announcements may also be made by (i) the issue of a press release and (ii) the delivery of notices to the Clearing Systems for communication to Direct Participants.  Copies of all such announcements, press releases and notices can also be obtained from the Information and Tender Agent, the corresponding contact details for whom are set out above.  Significant delays may be experienced where notices are delivered to the Clearing Systems and Holders are urged to contact the Information and Tender Agent for the relevant announcements relating to the Tender Offers.  In addition, all documentation relating to the Tender Offers, together with any updates, will be available via the Offer Website: http://www.dfking.com/honeywell.DISCLAIMER This announcement must be read in conjunction with the Offer to Purchase.  This announcement and the Offer to Purchase contain important information that should be read carefully before any decision is made with respect to the Tender Offers.  If you are in any doubt as to the contents of this announcement or the Offer to Purchase or the action you should take, you are recommended to seek your own financial, legal and tax advice, including as to any tax consequences, immediately from your broker, bank manager, solicitor, accountant or other independent financial or legal adviser.  Any individual or company whose Securities are held on its behalf by a broker, dealer, bank, custodian, trust company or other nominee or intermediary must contact such entity if it wishes to participate in the Tender Offers.  None of Honeywell, the Dealer Managers, the Information and Tender Agent or any of their respective directors, officers, employees, agents or affiliates makes any recommendation as to whether or not Holders should tender their Securities in the Tender Offers.None of Honeywell, the Dealer Managers, the Information and Tender Agent or any of their respective directors, officers, employees, agents or affiliates assumes any responsibility for the accuracy or completeness of the information concerning Honeywell, the Securities or the Tender Offers contained in this announcement or in the Offer to Purchase.  None of Honeywell, the Dealer Managers, the Information and Tender Agent or any of their respective directors, officers, employees, agents or affiliates is acting for any Holder, or will be responsible to any Holder for providing any protections which would be afforded to its clients or for providing advice in relation to the Tender Offers, and accordingly none of Honeywell, the Dealer Managers, the Information and Tender Agent or any of their respective directors, officers, employees, agents or affiliates assumes any responsibility for any failure by Honeywell to disclose information with regard to Honeywell or the Securities which is material in the context of the Tender Offers and which is not otherwise publicly available.GeneralThis announcement is for informational purposes only.  Each Tender Offer is being made solely pursuant to the Offer to Purchase.  Neither this announcement nor the Offer to Purchase, or the electronic transmission thereof, constitutes an offer to sell or buy Securities, as applicable, in any jurisdiction in which, or to or from any person to or from whom, it is unlawful to make such offer or solicitation under applicable securities laws or otherwise.  The distribution of this announcement in certain jurisdictions may be restricted by law.  In those jurisdictions where the securities, blue sky or other laws require the Tender Offers to be made by a licensed broker or dealer and the Dealer Managers or any of their respective affiliates is such a licensed broker or dealer in any such jurisdiction, the Tender Offers shall be deemed to be made by the Dealer Managers or such affiliate (as the case may be) on behalf of Honeywell in such jurisdiction.No action has been or will be taken in any jurisdiction that would permit the possession, circulation or distribution of either this announcement, the Offer to Purchase or any material relating to Honeywell, any subsidiary of Honeywell or the Securities in any jurisdiction where action for that purpose is required.  Accordingly, none of this announcement, the Offer to Purchase or any other offering material or advertisements in connection with the Tender Offers may be distributed or published, in or from any such country or jurisdiction, except in compliance with any applicable rules or regulations of any such country or jurisdiction.The distribution of this announcement and the Offer to Purchase in certain jurisdictions may be restricted by law.  Persons into whose possession this announcement or the Offer to Purchase comes are required by Honeywell, the Dealer Managers and the Information and Tender Agent to inform themselves about, and to observe, any such restrictions.This communication has not been approved by an authorized person for the purposes of Section 21 of the Financial Services and Markets Act 2000, as amended (the "FSMA").  Accordingly, this communication is not being directed at persons within the United Kingdom save in circumstances where section 21(1) of the FSMA does not apply.This announcement does not constitute an offer of securities to the public in any Member State of the European Economic Area (a "Relevant State").  In any Relevant State, this communication is only addressed to and is only directed at qualified investors within the meaning of Article 2(e) of the Regulation (EU) 2017/1129 (as amended or superseded) (the "Prospectus Regulation") in that Relevant State.  This announcement and information contained herein must not be acted on or relied upon by persons who are not qualified investors within the meaning of Article 2(e) of the Prospectus Regulation.The communication of this announcement, the Offer to Purchase and any other documents or materials relating to the Tender Offers is not being made, and such documents and/or materials have not been approved, by an authorized person for the purposes of section 21 of the Financial Services and Markets Act 2000, as amended. Accordingly, such documents and/or materials are not being distributed to, and must not be passed on to, the general public in the United Kingdom. The communication of such documents and/or materials as a financial promotion is only being made to those persons in the United Kingdom falling within the definition of investment professionals (as defined in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Financial Promotion Order")) or persons who are within Article 43(2) of the Financial Promotion Order or any other persons to whom it may otherwise lawfully be made under the Financial Promotion Order.Each Holder participating in a Tender Offer will give certain representations in respect of the jurisdictions referred to above and generally as set out in the Offer to Purchase.  Any tender of Securities pursuant to the Tender Offers from a Holder that is unable to make these representations will not be accepted.  Each of Honeywell, the Dealer Managers and the Information and Tender Agent reserves the right, in its absolute discretion, to investigate, in relation to any tender of Securities pursuant to the Tender Offers, whether any such representation given by a Holder is correct and, if such investigation is undertaken and as a result Honeywell determines (for any reason) that such representation is not correct, such tender shall not be accepted.About HoneywellHoneywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology that help make the world smarter and safer as well as more sustainable.Forward-Looking Statements and Other DisclaimersWe describe many of the trends and other factors that drive our business and future results in this release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are those that address activities, events, or developments that management intends, expects, projects, believes, or anticipates will or may occur in the future. They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, and other relevant factors, many of which are difficult to predict and outside of our control. They are not guarantees of future performance, and actual results, developments and business decisions may differ significantly from those envisaged by our forward-looking statements, including with respect to any changes in or abandonment of the proposed Spin-Off, the Tender Offers, any notes offering by Aerospace or the redemption of certain outstanding series of Honeywell debt securities. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties, including ongoing macroeconomic and geopolitical risks, such as changes in or application of trade and tax laws and policies, including the impacts of tariffs and other trade barriers and restrictions, lower GDP growth or recession in the U.S. or globally, supply chain disruptions, capital markets volatility, inflation, and certain regional conflicts, that can affect our performance in both the near- and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved. Some of the important factors that could cause Honeywell's or Aerospace's actual results to differ materially from those projected in any such forward-looking statements include, but are not limited to: (i) the ability of Honeywell to effect the Spin-Off described above and to meet the conditions related thereto; (ii) the possibility that the Spin-Off will not be completed within the anticipated time period or at all; (iii) the possibility that the Spin-Off will not achieve its intended benefits; (iv) the impact of the Spin-Off on Honeywell's and Aerospace's businesses and the risk that the Spin-Off may be more difficult, time-consuming or costly than expected, including the impact on their resources, systems, procedures and controls, diversion of management's attention and the impact and possible disruption of existing relationships with regulators, customers, suppliers, employees and other business counterparties; (v) the possibility of disruption, including disputes, litigation or unanticipated costs, in connection with the Spin-Off; (vi) the uncertainty of the expected financial performance of Honeywell or Aerospace following completion of the Spin-Off; (vii) negative effects of the announcement or pendency of the Spin-Off on the market price of Honeywell's securities and/or on the financial performance of Honeywell or Aerospace; (viii) the ability to achieve anticipated capital structures in connection with the Spin-Off, including the future availability of credit and factors that may affect such availability; (ix) the ability to achieve anticipated credit ratings in connection with the Spin-Off; (x) the ability to achieve anticipated tax treatments in connection with the Spin-Off and future, if any, divestitures, mergers, acquisitions and other portfolio changes and the impact of changes in relevant tax and other laws; and (xi) the failure to realize expected benefits and effectively manage and achieve anticipated synergies and operational efficiencies in connection with the Spin-Off and completed and future, if any, divestitures, mergers, acquisitions, and other portfolio management, productivity and infrastructure actions. These forward-looking statements should be considered in light of the information included in this release, our Form 10-K and other filings with the SEC. Any forward-looking plans described herein are not final and may be modified or abandoned at any time.Contacts:
MediaInvestor RelationsStacey JonesMark Macaluso(980) 378-6258(704) 627-6118Stacey.Jones@honeywell.com Mark.Macaluso@honeywell.com  



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Original: HONEYWELL ANNOUNCES COMMENCEMENT OF CASH TENDER OFFERS TO PURCHASE UP TO $3,750,000,000 AGGREGATE PURCHASE PRICE OF DOLLAR-DENOMINATED SECURITIES AND UP TO €1,250,000,000 AGGREGATE PURCHASE PRICE OF EURO-DENOMINATED SECURITIES

Honeywell Announces Filing of Form 10 Registration Statement for Planned Spin-Off of Honeywell AerospaceMarch 3, 2026 7:05 AM
PR Newswire (US)

Honeywell Aerospace will be one of the largest publicly listed pure-play aerospace and defense companies, leading the industry towards greater electrification, autonomy, and safety with a comprehensive portfolio of mission-critical, integrated systems across end markets Filing represents significant milestone toward Honeywell Aerospace becoming an independent public company in the third quarter of 2026 Investor Day presentation scheduled for June 3, 2026, in Phoenix, Arizona, during which management will provide details on its value creation strategy and financial outlookCHARLOTTE, N.C., March 3, 2026 /PRNewswire/ -- Honeywell (Nasdaq: HON) today announced the filing of its Form 10 registration statement ("Form 10") with the U.S. Securities and Exchange Commission ("SEC") for the planned spin-off of Honeywell Aerospace, which will trade on the Nasdaq under the ticker "HONA." A copy of the Form 10 is available on the SEC website as well as Honeywell's Investor Relations website.







"Today's Form 10 filing reflects the strong progress we are making toward the launch of Honeywell Aerospace as an industry-leading, independent aerospace and defense company. With a highly accomplished, purpose-built leadership team and a unique combination of platform positions across commercial air transport, business aviation, and defense and space markets, we are confident Honeywell Aerospace is well-prepared to stand on its own," said Vimal Kapur, Chairman and CEO of Honeywell. "As we continue to advance our portfolio transformation, we are sharpening both companies' strategic focus, enhancing organizational agility, and aligning capital allocation to drive growth and create long-term shareholder value.""Honeywell Aerospace continues to build momentum as we approach our public debut in the third quarter," said Jim Currier, President and CEO of Honeywell Aerospace. "As a premier provider of mission-critical systems leading towards greater electrification, autonomy, and safety, Honeywell Aerospace is well-positioned to capitalize on resilient travel demand, growing global defense budgets, and our record backlog. Our 'develop once, deploy everywhere' innovation strategy, supported by a scalable technology development platform and an ongoing commitment to operational excellence, enables us to power current and next-gen aerospace and defense platforms. With our leading margins, strong investment grade credit rating, and robust free cash flow generation, we are poised to unlock significant value for our customers, employees, and shareholders, underpinned by disciplined, focused capital allocation."Highlights from the Form 10
The Form 10 introduces Honeywell Aerospace, which will:Extend its leadership in attractive end markets with key platform positions across Commercial Air Transport, Business Aviation, and Defense and Space, generating net sales1 of $17.4 billion, pro forma net income of $1.5 billion, and pro forma Adjusted EBIT2,3 of $4.3 billion in 2025;Execute an innovation-led growth strategy enhancing the efficiency, safety, and connectivity of customers' active fleets, prioritizing new systems, RMUs (retrofits, modifications and upgrades) and breakthrough initiatives that increase content on current generation platforms, support next generation platforms, enable access to new markets, and increase aftermarket opportunities; andDeliver strong organic growth, profit and cash flow enabled by a highly differentiated operating system that creates a culture of continuous improvement, operational excellence, and disciplined execution, improving visibility and consistency across the supply chain.Honeywell Aerospace will be organized into three operating segments.Electronic Solutions (ES), $6.8 billion of 2025 net sales, provides integrated avionics, navigation and sensors, electromagnetic defense and high-performance space solutions.Engines & Power Systems (E&PS), $5.4 billion of 2025 net sales1, supplies propulsion systems, auxiliary power units and electric power solutions.Control Systems (CS), $5.2 billion of 2025 net sales, delivers mission-critical thermal management and motion control systems that enable flight, life support, and safety across all forms of aircraft.______________________1 Net sales for Honeywell Aerospace was reduced by $312 million, all within the E&PS segment, due to the Q4 2025 Flexjet-related litigation matters.2 See additional information at the end of this release regarding this non-GAAP financial measure.3 2025 pro forma Adjusted EBIT incorporates incremental costs of $202 million versus historical Form 10 Adjusted EBIT, including $150 million related to the trademark license agreement, $33 million pursuant to the transition services agreement, $16 million for executive compensation arrangements, and $3 million of pension service costs. It does not include $68 million of management adjustments for additional estimated standalone costs for recurring and ongoing corporate functions.Honeywell Aerospace Investor Day
Honeywell Aerospace will host an Investor Day on June 3, 2026, in Phoenix, Arizona. Over the course of the event, members of the leadership team will provide details on Honeywell Aerospace's business strategy, future growth prospects, and financial model.A live webcast of the event, along with related presentation materials, will be available through the Investor Relations section of Honeywell's website at http://www.honeywell.com/investor.Additional Information
Honeywell Aerospace's common stock is expected to be listed on the Nasdaq Stock Exchange under the ticker symbol "HONA." In November 2025, Honeywell announced Honeywell Aerospace's CEO and Board Chair who bring extensive leadership experience and complementary industry expertise. Then in January 2026, Honeywell announced Honeywell Aerospace's CFO and business unit leaders each of whom brings the skills, operational experience and deep customer focus needed to execute the strategy and drive continued growth as a pure play aerospace business. The planned spin-off of Honeywell Aerospace is expected to be completed in a manner that is tax-free for Honeywell shareholders for U.S. federal income tax purposes (other than any cash that Honeywell shareowners receive in lieu of fractional shares). Investors, media, and the general public are invited to learn more about the pending spin-off at Honeywell's Investor Relations website. Future updates to the Form 10 will be filed with the SEC and may be viewed at https://www.sec.gov filings under Honeywell Aerospace's name, Honeywell Aerospace Inc. The Form 10 filed on March 3, 2026, is subject to change prior to the effective date.About Honeywell 
Honeywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology, that help make the world smarter and safer as well as more secure and sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.Additional Information
Honeywell uses our Investor Relations website, www.honeywell.com/investor, as a means of disclosing information which may be of interest or material to our investors and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our Investor Relations website, in addition to following our press releases, SEC filings, public conference calls, webcasts, and social media.Forward-looking Statements
We describe many of the trends and other factors that drive our business and future results in this release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are those that address activities, events, or developments that management intends, expects, projects, believes, or anticipates will or may occur in the future. They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, and other relevant factors, many of which are difficult to predict and outside of our control. They are not guarantees of future performance, and actual results, developments and business decisions may differ significantly from those envisaged by our forward-looking statements. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties, including ongoing macroeconomic and geopolitical risks, such as changes in or application of trade and tax laws and policies, including the impacts of tariffs and other trade barriers and restrictions, lower GDP growth or recession in the U.S. or globally, supply chain disruptions, capital markets volatility, inflation, and certain regional conflicts, that can affect our performance in both the near- and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved. Some of the important factors that could cause Honeywell's or Honeywell Aerospace's actual results to differ materially from those projected in any such forward-looking statements include, but are not limited to: (i) the ability of Honeywell to effect the spin-off transaction described above and to meet the conditions related thereto; (ii) the possibility that the spin-off transaction will not be completed within the anticipated time period or at all; (iii) the possibility that the spin-off transaction will not achieve its intended benefits; (iv) the impact of the spin-off transaction on Honeywell's and Honeywell Aerospace's businesses and the risk that the spin-off transaction may be more difficult, time-consuming or costly than expected, including the impact on their resources, systems, procedures and controls, diversion of management's attention and the impact and possible disruption of existing relationships with regulators, customers, suppliers, employees and other business counterparties; (v) the possibility of disruption, including disputes, litigation or unanticipated costs, in connection with the spin-off transaction; (vi) the uncertainty of the expected financial performance of Honeywell or Honeywell Aerospace following completion of the spin-off transaction; (vii) negative effects of the announcement or pendency of the spin-off transaction on the market price of Honeywell's securities and/or on the financial performance of Honeywell or Honeywell Aerospace; (viii) the ability to achieve anticipated capital structures in connection with the spin-off transaction, including the future availability of credit and factors that may affect such availability; (ix) the ability to achieve anticipated credit ratings in connection with the spin-off transaction; (x) the ability to achieve anticipated tax treatments in connection with the spin-off transaction and future, if any, divestitures, mergers, acquisitions and other portfolio changes and the impact of changes in relevant tax and other laws; and (xi) the failure to realize expected benefits and effectively manage and achieve anticipated synergies and operational efficiencies in connection with the spin-off transaction and completed and future, if any, divestitures, mergers, acquisitions, and other portfolio management, productivity and infrastructure actions. These forward-looking statements should be considered in light of the information included in this release, our Form 10-K and other filings with the SEC. Any forward-looking plans described herein are not final and may be modified or abandoned at any time.Non-GAAP Financial Measure
This release contains pro forma Adjusted EBIT, a financial measure presented on a non-GAAP basis.Management believes that, when considered together with reported amounts, this measure is useful to investors and management in understanding Honeywell Aerospace's ongoing operations and in the analysis of ongoing operating trends. This measure should be considered in addition to, and not as a replacement for, the most comparable GAAP measure. Refer to the Appendix attached to this release for a reconciliation of the non-GAAP financial measure to the most directly comparable GAAP measure.AppendixNon-GAAP Financial MeasureThe following information provides the definition and reconciliation of the non-GAAP financial measure presented in this press release to which this reconciliation is attached to the most directly comparable financial measure calculated and presented in accordance with generally accepted accounting principles (GAAP).Management believes that, when considered together with reported amounts, this measure is useful to investors and management in understanding Honeywell Aerospace's ongoing operations and in the analysis of ongoing operating trends. This measure should be considered in addition to, and not as a replacement for, the most comparable GAAP measure. Other companies may calculate this non-GAAP measure differently, limiting the usefulness of this measure for comparative purposes.Management does not consider this non-GAAP measure in isolation or as an alternative to financial measures determined in accordance with GAAP. The principal limitations of this non-GAAP financial measure is that it excludes significant expenses and income that are required by GAAP to be recognized in the combined financial statements. In addition, it is subject to inherent limitations as it reflects the exercise of judgments by management about which expenses and income are excluded or included in determining this non-GAAP financial measure. Investors are urged to review the reconciliation of the non-GAAP financial measure to the comparable GAAP financial measures and not to rely on any single financial measure to evaluate Honeywell Aerospace's business.Honeywell AerospaceReconciliation of Pro Forma Net Income to Pro Forma Adjusted EBIT (Unaudited)(Dollars in millions) 
Year EndedDecember 31, 2025Pro forma net income$                       1,479Income tax expense567Amortization of acquisition-related intangibles152Stock compensation expense287Environmental remediation expense3389Transaction costs4831Interest and other financial charges859Other, net5(381)Flexjet-related litigation settlement6373Pro forma adjusted EBIT7$                       4,2561
Included in Cost of products and services sold and Selling, general and administrative expenses.2
Included in Selling, general and administrative expenses.3
Included in Cost of products and services sold and Other expense, net.4
Included in Selling, general and administrative expenses and Other expense, net.5
Includes pension income (expense), repositioning charges, and other expenses.6
Litigation matter considered unusual, infrequent and not indicative of future performance. Amounts included in Net sales and Cost of services sold.7
Pro forma adjusted EBIT excludes $68 million of management adjustments for additional estimated standalone recurring and ongoing costs for corporate functions.We define pro forma adjusted EBIT as pro forma net income excluding taxes, interest, amortization of acquisition-related intangibles, stock compensation expense, environmental remediation expense, pension income (expense), repositioning and other charges, transaction costs, other items within Other expense, net, and other items that are unusual or non-recurring in nature, including but not limited to impairment charges and litigation charges (e.g., comprehensive settlement related to Flexjet litigation). We believe this measure is useful to investors as it provides greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as understanding ongoing operating trends.Honeywell Contacts:


MediaInvestor RelationsStacey JonesMark Macaluso(980) 378-6258(704) 627-6118Stacey.Jones@honeywell.comMark.Macaluso@honeywell.com

Honeywell Aerospace Contacts:

MediaInvestor RelationsBrian GraceSean Meakim(602) 897-0205(704) 627-6200Brian.Grace@honeywell.comSean.Meakim@honeywell.com



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Original: Honeywell Announces Filing of Form 10 Registration Statement for Planned Spin-Off of Honeywell Aerospace

HONEYWELL ANNOUNCES PARTICIPATION AT UPCOMING INVESTOR CONFERENCESMarch 2, 2026 9:00 AM
PR Newswire (US)

CHARLOTTE, N.C., March 2, 2026 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced its participation at upcoming investor conferences in March.







Vimal Kapur, chairman and chief executive officer of Honeywell, will present from 8:00 a.m. - 8:40 a.m. GMT at the Bank of America Global Industrials Conference in London, England, on Tuesday, March 17, 2026.As part of the J.P. Morgan Industrials Conference in Washington, D.C., on Tuesday, March 17, 2026, senior leaders from both Honeywell and Honeywell Aerospace will participate. Mike Stepniak, senior vice president and chief financial officer of Honeywell, will present from 7:30 a.m. - 8:05 a.m. EDT and Jim Currier, president and chief executive officer of Honeywell Aerospace, will present from 8:50 a.m. - 9:25 a.m. EDT.Real-time audio webcasts of the presentations can be accessed at http://www.honeywell.com/investor, where related materials will be posted prior to the presentations and replays of the webcasts will be available for 30 days following the presentations.Honeywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology, that help make the world smarter and safer as well as more secure and sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.Honeywell uses our Investor Relations website, www.honeywell.com/investor, as a means of disclosing information which may be of interest or material to our investors and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our Investor Relations website, in addition to following our press releases, SEC filings, public conference calls, webcasts, and social media.MediaInvestor RelationsStacey JonesMark Macaluso(980) 378-6258                           (704) 351-5883stacey.jones@honeywell.commark.macaluso@honeywell.com 



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Original: HONEYWELL ANNOUNCES PARTICIPATION AT UPCOMING INVESTOR CONFERENCES

HON, new highs

Honeywell Enters Into Amended Agreement to Acquire Johnson Matthey's Catalyst Technologies BusinessFebruary 23, 2026 2:05 AM
PR Newswire (US)

Total consideration adjusted to £1.325 billion, long stop date extended to accommodate outstanding transaction requirementsCHARLOTTE, N.C., Feb. 23, 2026 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced that it has entered into an amended agreement to acquire Johnson Matthey's Catalyst Technologies business segment, which adjusts the total consideration from £1.8 billion to £1.325 billion and extends the long stop date to July 21, 2026. In the event that any of the regulatory approvals are not satisfied by the long stop date, the long stop date may be extended to August 21, 2026, if certain conditions are met.   







The combination of Johnson's Matthey's Catalyst Technologies business with Honeywell's strong capabilities in Process Technologies is expected to:Unlock strategic growth by increasing Honeywell's installed base and creating a more integrated offering across energy and process technologies.Expand Honeywell UOP's capabilities with the addition of significant installed base across refining, petrochemical and renewable fuels.Enhance Honeywell's existing catalyst portfolio with complementary offerings and growth in renewable fuels capabilities.Create synergies with Honeywell's Process Technologies and Process Automation businesses, benefiting from the companies' leading aftermarket capabilities.As the parties work to meet the remaining conditions for closing, Honeywell will continue pre-existing commercial collaborations with Johnson Matthey to drive strong value for customers around the world, building on their long track record of successful teaming.Completion of the transaction is anticipated by the end of August 2026, subject to customary closing conditions, including receipt of certain regulatory approvals. The acquisition is expected to be accretive to Honeywell's adjusted earnings per share in the first full year of ownership.About HoneywellHoneywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology that help make the world smarter and safer as well as more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.Additional InformationHoneywell uses our Investor Relations website, www.honeywell.com/investor, as a means of disclosing information which may be of interest or material to our investors and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our Investor Relations website, in addition to following our press releases, SEC filings, public conference calls, webcasts, and social media.Forward-Looking Statements We describe many of the trends and other factors that drive our business and future results in this release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements related to the proposed separation of Honeywell from Honeywell Aerospace and the planned sale of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. Forward-looking statements are those that address activities, events, or developments that we or our management intend, expect, project, believe, or anticipate will or may occur in the future. They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, and other relevant factors, many of which are difficult to predict and outside of our control, including Honeywell's current expectations, estimates, and projections regarding the proposed separation of Honeywell from Honeywell Aerospace and the planned sale of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. They are not guarantees of future performance, and actual results, developments, and business decisions may differ significantly from those envisaged by our forward-looking statements, including the proposed separation of Honeywell from Honeywell Aerospace and the planned sale of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses, and the anticipated benefits of each. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties, including ongoing macroeconomic and geopolitical risks, such as changes in or application of trade and tax laws and policies, including the impacts of tariffs and other trade barriers and restrictions, lower GDP growth or recession in the U.S. or globally, supply chain disruptions, capital markets volatility, inflation, and certain regional conflicts, which can affect our performance in both the near- and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved. These forward-looking statements should be considered in light of the information included in this release, our Form 10-K, and our other filings with the Securities and Exchange Commission. Any forward-looking plans described herein are not final and may be modified or abandoned at any time.Contacts:
Media                                                                                       Investor RelationsStacey Jones                                                                           Mark Macaluso(980) 378-6258                                                                           (704) 627-6118Stacey.Jones@honeywell.com                                                    Mark.macaluso@honeywell.com



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Original: Honeywell Enters Into Amended Agreement to Acquire Johnson Matthey's Catalyst Technologies Business

HONEYWELL FILES ANNUAL REPORT ON FORM 10-K FOR FISCAL YEAR 2025February 17, 2026 6:10 AM
PR Newswire (US)

CHARLOTTE, N.C., Feb. 17, 2026 /PRNewswire/ -- Honeywell (NASDAQ: HON) today filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2025, with the U.S. Securities and Exchange Commission.







As previously disclosed in its January 29, 2026 press release announcing fourth quarter and full year 2025 earnings (the "Earnings Release"), Honeywell classified the Productivity Solutions and Services ("PSS") and Warehouse and Workflow Solutions ("WWS") businesses as assets held for sale during the fourth quarter of 2025. The PSS and WWS businesses are planned for sale as part of Honeywell's ongoing portfolio optimization strategy, allowing Honeywell to focus on its core automation portfolio. In addition, in the Earnings Release, Honeywell announced impairment charges for the PSS and WWS assets held for sale that were reflected in the Company's year-end results.In connection with Honeywell's ongoing sale process for the businesses, the Company continually evaluates information relevant to the financial analysis associated with the sale as it becomes available. Subsequent to the Earnings Release, the Company received incremental information that resulted in additional impairment charges that are reported in the 2025 Annual Report on Form 10-K that the Company filed on February 17, 2026. The additional impairment charges include, relative to the corresponding impairment charges referenced in the Earnings Release, an incremental goodwill impairment charge of $436 million associated with Honeywell's Industrial Automation reportable segment and an impairment charge on assets held for sale of $35 million, with an offsetting tax benefit of $61 million. Therefore, Honeywell's full-year reported earnings per share from continuing operations was revised to $6.94, net income from continuing operations was revised to $4,468 million, operating income was revised to $5,573 million, and operating margin was revised to 14.9%. However, these incremental charges do not change Honeywell's previously announced adjusted fourth quarter or full-year 2025 results or 2026 guidance, which the Company reaffirms today.As previously announced, Honeywell continues to expect to announce the sale of the PSS and WWS businesses in the first half of 2026.The Company's Annual Report on Form 10-K, including its audited financial statements and Management's Discussion and Analysis of Financial Condition and Results of Operations, is available on Honeywell's Investor Relations website at investor.honeywell.com under the heading "Financials" (see "SEC Filings") and on the SEC's website at www.sec.gov.About Honeywell
Honeywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology that help make the world smarter and safer as well as more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.Additional Information
Honeywell uses our Investor Relations website, www.honeywell.com/investor, as a means of disclosing information which may be of interest or material to our investors and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our Investor Relations website, in addition to following our press releases, SEC filings, public conference calls, webcasts, and social media.Forward-Looking Statements 
We describe many of the trends and other factors that drive our business and future results in this release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements related to the proposed separation of Honeywell from Honeywell Aerospace and the planned sale of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. Forward-looking statements are those that address activities, events, or developments that we or our management intend, expect, project, believe, or anticipate will or may occur in the future. They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, and other relevant factors, many of which are difficult to predict and outside of our control, including Honeywell's current expectations, estimates, and projections regarding the proposed separation of Honeywell from Honeywell Aerospace and the planned sale of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. They are not guarantees of future performance, and actual results, developments, and business decisions may differ significantly from those envisaged by our forward-looking statements, including the proposed separation of Honeywell from Honeywell Aerospace and the planned sale of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses, and the anticipated benefits of each. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties, including ongoing macroeconomic and geopolitical risks, such as changes in or application of trade and tax laws and policies, including the impacts of tariffs and other trade barriers and restrictions, lower GDP growth or recession in the U.S. or globally, supply chain disruptions, capital markets volatility, inflation, and certain regional conflicts, which can affect our performance in both the near- and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved. These forward-looking statements should be considered in light of the information included in this release, our Form 10-K, and our other filings with the Securities and Exchange Commission. Any forward-looking plans described herein are not final and may be modified or abandoned at any time.Contacts:
Media                                      Investor RelationsStacey Jones                       Mark Macaluso(980) 378-6258                   (704) 627-6118Stacey.Jones@honeywell.comMark.Macaluso@honeywell.com



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Original: HONEYWELL FILES ANNUAL REPORT ON FORM 10-K FOR FISCAL YEAR 2025

HONEYWELL ANNOUNCES QUARTERLY DIVIDENDFebruary 13, 2026 4:15 PM
PR Newswire (US)

CHARLOTTE, N.C., Feb. 13, 2026 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced that its Board of Directors has declared a quarterly dividend payment of $1.19 per share on the Company's common stock. The dividend is payable on March 13, 2026, out of surplus to holders of record at the close of business on February 27, 2026.







About Honeywell
Honeywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology that help make the world smarter and safer as well as more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.Forward-Looking Statements 
We describe many of the trends and other factors that drive our business and future results in this release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are those that address activities, events, or developments that management intends, expects, projects, believes, or anticipates will or may occur in the future. They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, and other relevant factors, many of which are difficult to predict and outside of our control. They are not guarantees of future performance, and actual results, developments and business decisions may differ significantly from those envisaged by our forward-looking statements. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties, including ongoing macroeconomic and geopolitical risks, such as changes in or application of trade and tax laws and policies, including the impacts of tariffs and other trade barriers and restrictions, lower GDP growth or recession in the U.S. or globally, supply chain disruptions, capital markets volatility, inflation, and certain regional conflicts, that can affect our performance in both the near- and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved. Some of the important factors that could cause Honeywell's actual results to differ materially from those projected in any such forward-looking statements include, but are not limited to: (i) the ability of Honeywell to effect the spin-off transaction described above and to meet the conditions related thereto; (ii) the possibility that the spin-off transaction will not be completed within the anticipated time period or at all; (iii) the possibility that the spin-off transaction will not achieve its intended benefits; (iv) the impact of the spin-off transaction on Honeywell's businesses and the risk that the spin-off transaction may be more difficult, time-consuming or costly than expected, including the impact on Honeywell's and Honeywell Aerospace's resources, systems, procedures and controls, diversion of management's attention and the impact and possible disruption of existing relationships with regulators, customers, suppliers, employees and other business counterparties; (v) the possibility of disruption, including disputes, litigation or unanticipated costs, in connection with the spin-off transaction; (vi) the uncertainty of the expected financial performance of Honeywell or Honeywell Aerospace following completion of the spin-off transaction; (vii) negative effects of the announcement or pendency of the spin-off transaction on the market price of Honeywell's securities and/or on the financial performance of Honeywell; (viii) the ability to achieve anticipated capital structures in connection with the spin-off transaction, including the future availability of credit and factors that may affect such availability; (ix) the ability to achieve anticipated credit ratings in connection with the spin-off transaction; (x) the ability to achieve anticipated tax treatments in connection with the spin-off transaction and future, if any, divestitures, mergers, acquisitions and other portfolio changes and the impact of changes in relevant tax and other laws; and (xi) the failure to realize expected benefits and effectively manage and achieve anticipated synergies and operational efficiencies in connection with the spin-off transaction and completed and future, if any, divestitures, mergers, acquisitions, and other portfolio management, productivity and infrastructure actions. These forward-looking statements should be considered in light of the information included in this release, our Form 10-K and other filings with the SEC. Any forward-looking plans described herein are not final and may be modified or abandoned at any time.Contacts:


Media                                  Investor RelationsStacey Jones                  Mark Macaluso(980) 378-6258                         (704) 627-6118Stacey.Jones@honeywell.com        Mark.Macaluso@honeywell.com 



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Original: HONEYWELL ANNOUNCES QUARTERLY DIVIDEND

HON, yet another 52 week high

HON, new high

Honeywell Tops Q4 Forecasts as Aerospace Spin-Off Timeline Moves ForwardJanuary 29, 2026 8:23 AM
IH Market News
Honeywell International Inc (NASDAQ:HON) delivered fourth-quarter adjusted earnings and revenue ahead of market expectations, supported by strong momentum in its aerospace and building automation businesses and solid order intake across the group.The industrial group reported adjusted earnings per share of $2.59 for the quarter, beating analysts’ forecasts of $2.54. Revenue reached $10.1 billion, exceeding the consensus estimate of $10.02 billion and rising 10% from the same period last year. Organic sales advanced 11% year on year, while organic orders jumped 23%, lifting Honeywell’s backlog to more than $37 billion.Shares in Honeywell gained around 1% following the results.“We concluded 2025 with strong results that exceeded the high end of our guidance for adjusted sales and adjusted EPS,” said Vimal Kapur, chairman and CEO of Honeywell. “Orders grew 23% stemming from robust demand in the Aerospace Technologies and Energy and Sustainability Solutions segments.”Aerospace Technologies led the performance, with organic sales growth of 21%, driven by continued strength in commercial aftermarket activity as well as defence and space. Building automation also contributed, with organic sales up 8%, reflecting 9% growth in building solutions.Looking ahead to fiscal 2026, Honeywell expects adjusted earnings per share in a range of $10.35 to $10.65, compared with analyst consensus of $10.42. The company also forecast revenue of $38.8 billion to $39.8 billion, implying organic growth of between 3% and 6%.In addition, Honeywell said the planned spin-off of Honeywell Aerospace is now expected to be completed in the third quarter of 2026, earlier than previously anticipated. The accelerated schedule, together with the completed separation of Solstice Advanced Materials, represents further progress in the group’s ongoing portfolio optimisation strategy.Honeywell stock price

Original: Honeywell Tops Q4 Forecasts as Aerospace Spin-Off Timeline Moves Forward

HONEYWELL REPORTS FOURTH QUARTER 2025 RESULTS, WITH ADJUSTED SALES AND ADJUSTED EARNINGS ABOVE HIGH END OF GUIDANCE; ISSUES 2026 OUTLOOKJanuary 29, 2026 6:00 AM
PR Newswire (US)

Fourth Quarter Sales of $9.8 Billion, Up 6%, Adjusted Sales1 of $10.1 Billion, Up 10%, Up 11% Organic1Fourth Quarter GAAP Earnings Per Share (EPS) of $0.49 and Adjusted EPS1 of $2.59Fourth Quarter Orders Up 23% Organically, Driving Backlog to Over $37 BillionExpect 2026 Adjusted EPS2,3 of $10.35 - $10.65, Up 6% - 9%Honeywell Aerospace Spin-Off Now Expected in Third Quarter 2026; Leadership Team AnnouncedCHARLOTTE, N.C., Jan. 29, 2026 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced results for the fourth quarter and full year 2025 and issued its outlook for 2026. The company also provided an update on anticipated timing for the spin-off of Honeywell Aerospace into an independent publicly traded company, now expected to be completed in the third quarter of 2026, ahead of the company's prior expectations.







Fourth-quarter sales growth was driven primarily by strong demand in the Aerospace and Building Automation segments. Orders grew 23% organically, led by double-digit growth in Aerospace Technologies and Energy and Sustainability Solutions (ESS), which drove a 4% sequential increase in backlog to over $37 billion.Operating income decreased 35% and operating margin contracted 640 basis points to 10.2% primarily due to a one-time impairment charge related to the classification of the Productivity Solutions and Services (PSS) and Warehouse and Workflow Solutions (WWS) businesses as assets held for sale, and a one-time charge within the Aerospace Technologies segment related to the previously disclosed Flexjet-related litigation matters in the fourth quarter of 2025. Excluding these charges and other items, adjusted segment profit1 increased 23%, or 2% excluding the impact of the Bombardier agreement ("BBD") signed in the fourth quarter of 20244, to $2.3 billion led by growth in Aerospace Technologies and Building Automation, driving adjusted segment margin1 expansion of 240 basis points (or margin contraction of 70 basis points ex. BBD4) to 22.8%.EPS for the fourth quarter of $0.49 was down 72% primarily driven by the aforementioned one-time charges. Excluding these charges and other items, adjusted EPS1 of $2.59 was up 17%, or down 3% ex. BBD4, driven by higher adjusted segment profit and a lower share count, partially offset by a higher effective tax rate. Finally, operating cash flow was $1.2 billion, down 38%, and free cash flow1,5 was $2.5 billion, up 48%, or up 13% ex. BBD4.For the full year, reported sales increased 8% and adjusted sales increased 9%, with organic sales1 up 7% (or 6% organically ex. BBD4), exceeding the high end of original full year guidance by 2 points. Operating income decreased 6% and operating margin contracted 250 basis points, while adjusted segment profit1 grew 11% (or 6% ex. BBD4) with adjusted segment margin1 expansion of 40 basis points (or contraction of 40 basis points ex. BBD4) to 22.5%. Full-year EPS was $7.57, flat year over year, and full-year adjusted EPS1 was $9.78, up 12% year over year (or 7% ex. BBD4). Operating cash flow was $6.1 billion, up 19%, and free cash flow1,5 was $5.1 billion, up 20% (or up 7% ex. BBD4).Management Commentary
"We concluded 2025 with strong results that exceeded the high end of our guidance for adjusted sales and adjusted EPS. Orders grew 23% stemming from robust demand in the Aerospace Technologies and Energy and Sustainability Solutions segments, including from our LNG acquisition that closed last year. As a result, we exited 2025 with a record backlog of over $37 billion which positions us well for 2026," said Vimal Kapur, chairman and CEO of Honeywell.Kapur added, "During the quarter, we also made considerable progress on our portfolio optimization, with the spin off of Solstice Advanced Materials complete. Building on this momentum, we now expect the separation of our automation and aerospace businesses to be completed in the third quarter of 2026. In preparation, this quarter we established our go-forward segment structure for Honeywell, built on complementary business models that will drive cross-portfolio synergies and accelerate profitable growth over the long term, and announced the leadership team for Honeywell Aerospace. These actions all marked critical steps in our simplification journey. With strong management teams and clear strategies in place for both automation and aerospace, we are confident in our ability to deliver on our 2026 commitments," concluded Kapur.Table 1: Summary of Honeywell Financial Results
(Dollars in millions, except per share amounts)


4Q 2025
4Q 2024
ChangeSales
$9,758
$9,169
6 %Organic1 Growth




11 %Adjusted Sales1
$10,070
$9,169
10 %Operating Income
$996
$1,521
(35) %Operating Income Margin
10.2 %
16.6 %
-640 bpsSegment Profit1
$1,919
$1,867
3 %Segment Margin1
19.7 %
20.4 %
-70 bpsAdjusted Segment Profit1
$2,292
$1,867
23 %Adjusted Segment Margin1
22.8 %
20.4 %
240 bpsEarnings Per Share - Continuing Operations
$0.49
$1.74
(72) %Adjusted Earnings Per Share1
$2.59
$2.22
17 %Cash Flow from Operations - Continuing Operations
$1,241
$1,998
(38) %Free Cash Flow1,5
$2,512
$1,697
48 %


FY 2025
FY 2024
ChangeSales
$37,442
$34,717
8 %Organic1 Growth




7 %Adjusted Sales1
$37,754
$34,717
9 %Operating Income
$6,044
$6,449
(6) %Operating Income Margin
16.1 %
18.6 %
-250 bpsSegment Profit1
$8,127
$7,667
6 %Segment Margin1
21.7 %
22.1 %
-40 bpsAdjusted Segment Profit1
$8,500
$7,667
11 %Adjusted Segment Margin1
22.5 %
22.1 %
40 bpsEarnings Per Share - Continuing Operations
$7.57
$7.58
— %Adjusted Earnings Per Share1
$9.78
$8.73
12 %Cash Flow from Operations - Continuing Operations
$6,075
$5,112
19 %Free Cash Flow1,5
$5,102
$4,241
20 %Aerospace Technologies sales for the fourth quarter grew 21% organically1 year over year, or 11% excluding the impact of the prior year's Bombardier agreement4, led by ongoing strength in commercial aftermarket and defense and space. Commercial aftermarket sales1 increased 13% organically with double-digit growth in both business jet and air transport end markets. Defense and space sales rose 10% driven by sustained elevated global demand. Commercial original equipment growth accelerated from the prior quarter, supported by higher output from an improving supply chain. Orders and backlog both increased at a strong double-digit rate compared to the previous year. Adjusted segment margin1 expanded 620 basis points to 26.5% as a result of the impact of the prior year's Bombardier agreement4. Excluding this prior year impact, adjusted segment margin1 declined 60 basis points as commercial excellence and volume leverage were more than offset by cost inflation.Industrial Automation sales for the fourth quarter grew 1% year over year on an organic basis1 and 4% sequentially. Growth was driven by WWS, up 5% on steady conversion of our robust pipeline, continued strength in sensing, up 3% on strong tailwinds in industrial and aerospace and defense end markets, and a return to growth of 1% in PSS, which also delivered double-digit orders growth. Process solutions sales were flat on an organic basis, as strength in aftermarket services was offset by declines in measurement and controls products. Segment margin contracted 120 basis points year over year to 18.4% driven by cost inflation, partially offset by commercial excellence and benefit from the personal protective equipment (PPE) sale. Beginning in 2026, the core Process Solutions business will be reported as part of Process Automation and Technology (PA&T).Building Automation sales for the fourth quarter increased 8% organically1 year over year. Building solutions grew 9%, led by double-digit growth in services and building products grew 8%, highlighted by continued strength in North America and the Middle East. Orders increased both year over year and sequentially, driven by demand across both building solutions and building products. Segment margin expanded 20 basis points from the prior year to 27.0%, supported by commercial excellence and volume leverage partially offset by inflation.Energy and Sustainability Solutions sales for the fourth quarter decreased 7% organically1 year over year, driven by demand softness in petrochemical catalysts. Orders growth continued in UOP, led by strong demand in LNG and robust double-digit growth in refining and petrochemicals projects. Segment margin contracted 300 basis points to 23.7% driven by unfavorable mix from lower catalyst volumes and cost inflation. The advanced materials (AM) business is excluded from the ESS reportable business segment in the fourth quarter and full-year 2025 results following the spin-off of Solstice Advanced Materials and subsequent classification of AM as discontinued operations. Beginning in 2026, the businesses in ESS will be reported as part of Process Automation and Technology (PA&T).Table 2: Summary of Segment Financial Results
(Dollars in millions)
AEROSPACE TECHNOLOGIES
FY 2025
FY 2024
ChangeSales
17,510
15,458
13 %Organic1 Growth




12 %Segment Profit
4,284
3,988
7 %Segment Margin
24.5 %
25.8 %
-130 bpsAdjusted Segment Profit1
4,657
3,988
17 %Adjusted Segment Margin1
26.1 %
25.8 %
30 bps

4Q 2025
4Q 2024

Sales
4,520
3,986
13 %Organic1 Growth




21 %Segment Profit
909
811
12 %Segment Margin
20.1 %
20.3 %
-20 bpsAdjusted Segment Profit1
1,282
811
58 %Adjusted Segment Margin1
26.5 %
20.3 %
620 bpsINDUSTRIAL AUTOMATION
FY 2025
FY 2024
ChangeSales
9,401
10,051
(6) %Organic1 Growth




— %Segment Profit
1,743
1,962
(11) %Segment Margin
18.5 %
19.5 %
-100 bps

4Q 2025
4Q 2024

Sales
2,369
2,566
(8) %Organic1 Growth




1 %Segment Profit
435
503
(14) %Segment Margin
18.4 %
19.6 %
-120 bpsBUILDING AUTOMATION
FY 2025
FY 2024
ChangeSales
7,367
6,540
13 %Organic1 Growth




8 %Segment Profit
1,953
1,681
16 %Segment Margin
26.5 %
25.7 %
80 bps

4Q 2025
4Q 2024

Sales
1,971
1,798
10 %Organic1 Growth




8 %Segment Profit
532
482
10 %Segment Margin
27.0 %
26.8 %
20 bpsENERGY AND SUSTAINABILITY SOLUTIONS
FY 2025
FY 2024
ChangeSales
3,134
2,644
19 %Organic1 Growth




(1) %Segment Profit
692
615
13 %Segment Margin
22.1 %
23.3 %
-120 bps

4Q 2025
4Q 2024

Sales
892
814
10 %Organic1 Growth




(7) %Segment Profit
211
217
(3) %Segment Margin
23.7 %
26.7 %
-300 bps2026 Outlook
Honeywell also announced its outlook for 2026. The company expects sales of $38.8 billion to $39.8 billion with organic1 sales growth in the range of 3% to 6%. Segment margin2 is expected to be 22.7% to 23.1%, with segment margin2,6 expansion of 20 to 60 basis points. Adjusted earnings per share3 is expected to be $10.35 to $10.65, up 6% to 9%. The company expects operating cash flow of $4.7 billion to $5.0 billion. Free cash flow1,5 is expected to be $5.3 billion to $5.6 billion, representing growth of 4% to 10% for the full year. A summary of the company's 2026 guidance can be found below. The company's outlook includes full-year expected results for Aerospace, PSS, and WWS, and does not incorporate the pending acquisition of Johnson Matthey's Catalyst Technologies business.Table 3: Full-Year 2026 Guidance2
Sales
$38.8B - $39.8BOrganic1 Growth
3% - 6%Segment Margin
22.7% - 23.1%Expansion6
Up 20 - 60 bpsAdjusted Earnings Per Share3
$10.35 - $10.65Adjusted Earnings Growth3
6% - 9%Operating Cash Flow
$4.7B - $5.0BFree Cash Flow1,5
$5.3B - $5.6BFree Cash Flow1,5 Growth
4% - 10%


1
See additional information at the end of this release regarding non-GAAP financial measures.2
Segment margin and adjusted EPS are non-GAAP financial measures. Management cannot reliably predict or estimate, without unreasonable effort, the impact and timing on future operating results arising from items excluded from segment margin or adjusted EPS. We therefore, do not present a guidance range, or a reconciliation to, the nearest GAAP financial measures of operating margin or EPS.3
Adjusted EPS and adjusted EPS V% guidance excludes items identified in the non-GAAP reconciliation of adjusted EPS at the end of this release, and any potential future one-time items that we cannot reliably predict or estimate such as pension mark-to-market.4
4Q24 financial results include impact of the BBD announced on December 2, 2024, resulting in a reduction to Sales of $0.4B, Net Income of $0.3B, and Cash Flow of $0.5B.5
With respect to historical periods, free cash flow adjusts for capital expenditures, spin-off and separation-related cost payments, Resideo indemnification and reimbursement agreement termination payment, cash payment for settlement of the divestiture of asbestos liabilities, and cash payment for settlement of Flexjet-related litigation matters. With respect to the company's outlook for 2026, free cash flow adjusts for capital expenditures, spin-off and separation-related cost payments, and cash payment for settlement of Flexjet-related litigation matters.6
Segment margin expansion as compared to Adjusted segment margin in 2025.Portfolio Transformation
In the fourth quarter, Honeywell took steps to further optimize its portfolio and operations ahead of the planned separation of its automation and aerospace businesses now expected in the third quarter of 2026. On October 30, 2025, the company completed the spin-off of Solstice Advanced Materials, now trading on the Nasdaq Stock Market under the ticker 'SOLS' and, as a result, began reporting its AM business unit as discontinued operations. In November, the company announced the appointment of Jim Currier as President and CEO of Honeywell Aerospace and Craig Arnold as Chairman of the Honeywell Aerospace Board of Directors upon separation. In January 2026, the company announced Josh Jepsen as CFO of Honeywell Aerospace and made numerous other leadership appointments. In addition, following the strategic alternatives review completed in the fourth quarter, PSS and WWS businesses have been classified as held for sale. The intended sale allows Honeywell to focus on its core areas of automation expertise which are exposed to long-term secular growth drivers that further position the company as a global automation leader.Settlement of Flexjet-Related Litigation Matters
On January 21, 2026, Honeywell and Flexjet announced that they have reached a comprehensive agreement to resolve their pending litigation and look forward to rebuilding the parties' commercial partnership. The agreement will resolve in full all pending claims among and between the parties, as well as related litigation involving StandardAero and Duncan Aviation. Simultaneously, and as a partial consideration for the resolution of the litigation, Honeywell and Flexjet have agreed to extend their aircraft engine maintenance through 2035. Honeywell and Flexjet look forward to working collaboratively going forward.Conference Call Details
Honeywell will discuss its fourth-quarter results and full-year 2026 guidance during an investor conference call starting at 8:30 a.m. Eastern Standard Time today. A live webcast of the investor call as well as related presentation materials will be available through the Investor Relations section of the company's website (www.honeywell.com/investor). A replay of the webcast will be available for 30 days following the presentation.About Honeywell
Honeywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology that help make the world smarter and safer as well as more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom. Honeywell uses our Investor Relations website, www.honeywell.com/investor, as a means of disclosing information which may be of interest or material to our investors and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our Investor Relations website, in addition to following our press releases, SEC filings, public conference calls, webcasts, and social media.We describe many of the trends and other factors that drive our business and future results in this release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including statements related to the proposed separation of Automation and Aerospace Technologies and the planned sale of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. Forward-looking statements are those that address activities, events, or developments that we or our management intend, expect, project, believe, or anticipate will or may occur in the future. They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, and other relevant factors, many of which are difficult to predict and outside of our control, including Honeywell's current expectations, estimates, and projections regarding the proposed separation of Automation and Aerospace Technologies and the planned sale of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. They are not guarantees of future performance, and actual results, developments, and business decisions may differ significantly from those envisaged by our forward-looking statements, including the proposed separation of Automation and Aerospace Technologies and the planned sale of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses, and the anticipated benefits of each. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties, including ongoing macroeconomic and geopolitical risks, such as changes in or application of trade and tax laws and policies, including the impacts of tariffs and other trade barriers and restrictions, lower GDP growth or recession in the U.S. or globally, supply chain disruptions, capital markets volatility, inflation, and certain regional conflicts, that can affect our performance in both the near- and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved. These forward-looking statements should be considered in light of the information included in this release, our Form 10-K, and our other filings with the Securities and Exchange Commission. Any forward-looking plans described herein are not final and may be modified or abandoned at any time.This release contains financial measures presented on a non-GAAP basis. Honeywell's non-GAAP financial measures used in this release are as follows:Segment profit, on an overall Honeywell basis;Segment profit margin, on an overall Honeywell basis;Adjusted segment profit, on an overall Honeywell basis;Adjusted segment profit margin, on an overall Honeywell basis;Aerospace Technologies adjusted segment profit;Aerospace Technologies adjusted segment profit margin;Organic sales growth;Adjusted net sales;Free cash flow; andAdjusted earnings per share.Management believes that, when considered together with reported amounts, these measures are useful to investors and management in understanding our ongoing operations and in the analysis of ongoing operating trends. These measures should be considered in addition to, and not as replacements for, the most comparable GAAP measure. Certain measures presented on a non-GAAP basis represent the impact of adjusting items net of tax. The tax-effect for adjusting items is determined individually and on a case-by-case basis. Refer to the Appendix attached to this release for reconciliations of non-GAAP financial measures to the most directly comparable GAAP measures. As indicated herein, certain forward-looking non-GAAP financial measures are not reconciled because management cannot reliably predict or estimate certain items for the reasons specified herein with respect to each non-GAAP financial measure.Honeywell International Inc.
Consolidated Statement of Operations (Unaudited)
(Dollars in millions, except per share amounts)

Three Months Ended
December 31,
Twelve Months Ended
December 31,
2025
2024
2025
2024Product sales$          6,351
$          6,138
$        24,515
$        22,841Service sales3,407
3,031
12,927
11,876Net sales9,758
9,169
37,442
34,717Costs, expenses and other






Cost of products sold14,360
4,252
16,153
15,017Cost of services sold11,928
1,552
7,460
6,343Total Cost of products and services sold6,288
5,804
23,613
21,360Research and development expenses465
405
1,812
1,454Selling, general and administrative expenses11,501
1,345
5,450
5,235Impairment of goodwill288
—
288
—Impairment of assets held for sale220
94
235
219Other (income) expense—
(104)
(1,247)
(843)Interest and other financial charges376
289
1,344
1,048Total costs, expenses and other9,138
7,833
31,495
28,473Income from continuing operations before taxes620
1,336
5,947
6,244Tax expense316
193
1,069
1,249Net income from continuing operations304
1,143
4,878
4,995Net (loss) income from discontinued operations(17)
147
304
745Net Income287
1,290
5,182
5,740Less: Net (loss) income attributable to the noncontrolling interest(8)
5
43
35Net income attributable to Honeywell$             295
$          1,285
$          5,139
$          5,705Earnings per share of common stock from continuing operations - basic$            0.49
$            1.76
$            7.62
$            7.63(Loss) earnings per share of common stock from discontinued operations - basic$           (0.03)
$            0.22
$            0.42
$            1.13Earnings per share of common stock - basic$            0.46
$            1.98
$            8.04
$            8.76Earnings per share of common stock from continuing operations - assuming dilution$            0.49
$            1.74
$            7.57
$            7.58(Loss) earnings per share of common stock from discontinued operations - assuming dilution$           (0.03)
$            0.22
$            0.42
$            1.13Earnings per share of common stock - assuming dilution$            0.46
$            1.96
$            7.99
$            8.71Weighted average number of shares outstanding - basic635.2
650.6
639.0
650.9Weighted average number of shares outstanding - assuming dilution638.6
654.8
642.8
655.3


1
Cost of products and services sold and selling, general and administrative expenses include amounts for repositioning and other charges, the service cost component of pension and other postretirement (income) expense, and stock compensation expense. Honeywell International Inc.
Segment Data (Unaudited)
(Dollars in millions)

Three Months Ended
December 31,
Twelve Months Ended
December 31,Net Sales2025
2024
2025
2024Aerospace Technologies$          4,520
$          3,986
$        17,510
$        15,458Industrial Automation2,369
2,566
9,401
10,051Building Automation1,971
1,798
7,367
6,540Energy and Sustainability Solutions892
814
3,134
2,644Corporate and all other6
5
30
24Total Net sales$          9,758
$          9,169
$        37,422
$        34,717 Reconciliation of Segment Profit to Income Before Taxes

Three Months Ended
December 31,
Twelve Months Ended
December 31,Segment Profit2025
2024
2025
2024Aerospace Technologies$             909
$             811
$          4,284
$          3,988Industrial Automation435
503
1,743
1,962Building Automation532
482
1,953
1,681Energy and Sustainability Solutions211
217
692
615Corporate and All Other(168)
(146)
(545)
(579)Total Segment profit1,919
1,867
8,127
7,667Interest and other financial charges(376)
(289)
(1,344)
(1,048)Interest income1111
102
369
430Amortization of acquisition-related intangibles2(163)
(139)
(570)
(411)Impairment of goodwill(288)
—
(288)
—Impairment of assets held for sale(220)
(94)
(235)
(219)Stock compensation expense3(50)
(39)
(196)
(189)Pension ongoing income4156
163
544
591Pension mark-to-market expense4(149)
(126)
(163)
(126)Other postretirement income44
(2)
15
11Repositioning and other charges5,6(119)
(53)
167
(239)Other income (expense)7(205)
(54)
(479)
(223)Income before taxes$             620
$          1,336
$          5,947
$          6,244


1
Amounts included in Other (income) expense.2
Amounts included in Cost of products and services sold.3
Amounts included in Selling, general and administrative expenses.4
Amounts included in Cost of products and services sold (service cost component), Selling, general and administrative expenses (service cost component), Research and development expenses (service cost component) and Other (income) expense (non-service cost component).5
Amounts included in Cost of products and services sold, Selling, general and administrative expenses, and Other income (expense).6
Includes repositioning, asbestos, and environmental expenses.7
Amounts include the other components of Other income/expense not included within other categories in this reconciliation. Equity income (loss) of affiliated companies is included in segment profit. Honeywell International Inc.
Consolidated Balance Sheet (Unaudited)
(Dollars in millions)

December 31, 2025
December 31, 2024ASSETS


Current assets:


Cash and cash equivalents$            12,487
$              9,906Short-term investments443
386Accounts receivable—net7,621
7,247Inventories6,162
5,884Assets held for sale2,932
1,365Other current assets1,182
1,259 Current assets of discontinued operations—
1,861Total current assets30,827
27,908Investments and long-term receivables1,404
1,230Property, plant and equipment—net4,629
4,457Goodwill21,079
21,019Other intangible assets—net6,736
6,621Deferred income taxes193
235Other assets9,247
10,556Assets of discontinued operations—
3,170Total assets74,115
75,196LIABILITIES


Current liabilities:


Accounts payable$              6,315
$              6,109Commercial paper and other short-term borrowings5,893
4,273Current maturities of long-term debt1,546
1,325Accrued liabilities8,462
8,055Current liabilities of discontinued operations—
1,086Liabilities held for sale1,200
408Total current liabilities23,416
21,256Long-term debt27,141
25,440Deferred income taxes1,599
1,581Postretirement benefit obligations other than pensions111
112Asbestos related liabilities—
1,325Other liabilities6,408
5,581Liabilities of discontinued operations—
740Redeemable noncontrolling interest—
7Shareowners' equity15,440
19,154Total liabilities, redeemable noncontrolling interest and shareowners' equity$            74,115
$            75,196 Honeywell International Inc.
Consolidated Statement of Cash Flows (Unaudited)(Dollars in millions)

Three Months Ended
December 31,
Twelve Months Ended
December 31,
2025
2024
2025
2024Cash flows from operating activities






Net income$       287
$    1,290
$    5,182
$    5,740Less: Net (loss) income from discontinued operations(17)
147
304
745Net income from continuing operations304
1,143
4,878
4,995Adjustments to reconcile net income from continuing operations to net cash provided by
operating activities






Depreciation134
126
546
493Amortization233
205
842
659Loss (gain) on sale of non-strategic businesses and assets(11)
1
18
1Impairment of goodwill288
—
288
—Impairment of assets held for sale220
94
235
219Repositioning and other (gains) charges116
50
(167)
239Net payments for repositioning and other charges(99)
(141)
(378)
(470)Resideo indemnification and reimbursement agreement termination payment—
—
1,590
—Asbestos liabilities divestiture payment(1,428)
—
(1,428)
—Pension and other postretirement income(7)
(34)
(396)
(477)Pension and other postretirement benefit payments(7)
(7)
(20)
(32)Stock compensation expense50
40
196
189Deferred income taxes25
(183)
79
(229)Other565
30
144
(191)Changes in assets and liabilities, net of the effects of acquisitions and divestitures






Accounts receivable167
78
(825)
(129)Inventories(182)
(52)
(636)
(286)Other current assets(116)
29
(233)
(111)Accounts payable402
192
724
78Accrued liabilities775
208
1,325
233Income Taxes(188)
219
(707)
(69)Net cash provided by operating activities - continuing operations1,241
1,998
6,075
5,112Net cash (used for) provided by operating activities - discontinued operations(37)
283
333
985Net cash provided by (used for) operating activities1,204
2,281
6,408
6,097Cash flows from investing activities






Capital expenditures(306)
(301)
(986)
(871)Proceeds from disposals of property, plant and equipment31
—
31
—Increase in investments(438)
(379)
(1,503)
(1,077)Decrease in investments421
306
1,469
870(Payments) receipts from settlements of derivative contracts4
344
(399)
94Cash paid for acquisitions, net of cash acquired(11)
(1,833)
(2,211)
(8,880)Proceeds from sales of businesses, net of fees paid—
—
1,157
—Net cash used for investing activities - continuing operations(299)
(1,863)
(2,442)
(9,864)Net cash used for investing activities - discontinued operations(44)
(92)
(269)
(293)Net cash used for investing activities(343)
(1,955)
(2,711)
(10,157)Cash flows from financing activities






Proceeds from issuance of commercial paper and other short-term borrowings5,126
4,322
24,297
13,838Payments of commercial paper and other short-term borrowings(6,104)
(3,101)
(22,815)
(11,578)Proceeds from issuance of common stock97
188
237
537Proceeds from issuance of long-term debt—
1
4,035
10,408Payments of long-term debt(1,354)
(431)
(2,909)
(1,812)Repurchases of common stock(100)
(455)
(3,804)
(1,655)Cash dividends paid(762)
(741)
(2,976)
(2,902)Pre-separation funding1,962
—
1,962
—Spin-off cash(449)
—
(449)
—Other271
(2)
469
3Net cash (used for) provided by financing activities(1,313)
(219)
(1,953)
6,839Effect of foreign exchange rate changes on cash and cash equivalents9
(184)
176
(137)Net (decrease) increase in cash and cash equivalents(443)
(77)
1,920
2,642Cash and cash equivalents at beginning of period12,930
10,644
10,567
7,925Cash and cash equivalents at end of period$  12,487
$  10,567
$  12,487
$  10,567 AppendixNon-GAAP Financial MeasuresThe following information provides definitions and reconciliations of certain non-GAAP financial measures presented in this press release to which this reconciliation is attached to the most directly comparable financial measures calculated and presented in accordance with generally accepted accounting principles (GAAP).Management believes that, when considered together with reported amounts, these measures are useful to investors and management in understanding our ongoing operations and in the analysis of ongoing operating trends. These measures should be considered in addition to, and not as replacements for, the most comparable GAAP measure. Certain measures presented on a non-GAAP basis represent the impact of adjusting items net of tax. The tax-effect for adjusting items is determined individually and on a case-by-case basis. Other companies may calculate these non-GAAP measures differently, limiting the usefulness of these measures for comparative purposes.Management does not consider these non-GAAP measures in isolation or as an alternative to financial measures determined in accordance with GAAP. The principal limitations of these non-GAAP financial measures are that they exclude significant expenses and income that are required by GAAP to be recognized in the consolidated financial statements. In addition, they are subject to inherent limitations as they reflect the exercise of judgments by management about which expenses and income are excluded or included in determining these non-GAAP financial measures. Investors are urged to review the reconciliation of the non-GAAP financial measures to the comparable GAAP financial measures and not to rely on any single financial measure to evaluate Honeywell's business.As indicated herein, certain forward-looking non-GAAP financial measures are not reconciled because management cannot reliably predict or estimate certain items for the reasons specified herein with respect to each non-GAAP financial measure.Honeywell International Inc.
Reconciliation of Organic Sales Percent Change
(Unaudited) 

Three Months Ended
December 31, 2025
Twelve Months Ended
December 31, 2025Honeywell


Reported sales percent change6 %
8 %Less: Impact of divestitures to the prior period(3) %
(2) %Reported sales percent change, adjusted for impact of divestitures9 %
10 %Less: Foreign currency translation1 %
— %Less: Acquisitions1 %
4 %Less: Other1(4) %
(1) %Organic sales percent change11 %
7 %



Aerospace Technologies


Reported sales percent change13 %
13 %Less: Impact of divestitures to the prior period— %
— %Reported sales percent change, adjusted for impact of divestitures13 %
13 %Less: Foreign currency translation— %
— %Less: Acquisitions— %
3 %Less: Other1(8) %
(2) %Organic sales percent change21 %
12 %



Industrial Automation


Reported sales percent change(8) %
(6) %Less: Impact of divestitures to the prior period(11) %
(6) %Reported sales percent change, adjusted for impact of divestitures3 %
— %Less: Foreign currency translation2 %
— %Less: Acquisitions— %
— %Less: Other— %
— %Organic sales percent change1 %
— %



Building Automation


Reported sales percent change10 %
13 %Less: Impact of divestitures to the prior period— %
— %Reported sales percent change, adjusted for impact of divestitures10 %
13 %Less: Foreign currency translation2 %
— %Less: Acquisitions— %
5 %Less: Other— %
— %Organic sales percent change8 %
8 %



Energy and Sustainability Solutions


Reported sales percent change10 %
19 %Less: Impact of divestitures to the prior period— %
— %Reported sales percent change, adjusted for impact of divestitures10 %
19 %Less: Foreign currency translation— %
— %Less: Acquisitions17 %
20 %Less: Other— %
— %Organic sales percent change(7) %
(1) %


1
Includes Flexjet-related litigation matters of $312 million, which are considered to be unusual and not indicative of the Company's ongoing performance.We define organic sales percentage as the year-over-year change in reported sales relative to the comparable period, adjusted for the impact of divestitures to the prior period, and excluding the impact on sales from foreign currency translation, acquisitions for the first 12 months following the transaction date, and certain other items that are unusual or non-recurring in nature. We believe this measure is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends.A quantitative reconciliation of reported sales percent change to organic sales percent change has not been provided for forward-looking measures of organic sales percent change because management cannot reliably predict or estimate, without unreasonable effort, the fluctuations in global currency markets that impact foreign currency translation, nor is it reasonable for management to predict the timing, occurrence and impact of acquisition and divestiture transactions, all of which could significantly impact our reported sales percent change.Honeywell International Inc.
Reconciliation of Net Sales to Adjusted Net Sales
(Unaudited)
(Dollars in millions)

Three Months Ended
December 31, 2025
Twelve Months Ended
December 31, 2025Honeywell


Net sales $                           9,758
$                         37,442Flexjet-related litigation matters1312
312Adjusted net sales$                         10,070
$                         37,754



Aerospace Technologies


Net sales$                           4,520
$                         17,510Flexjet-related litigation matters1312
312Adjusted net sales$                           4,832
$                         17,822



Commercial Aviation Aftermarket


Net sales$                           1,877
$                           7,777Flexjet-related litigation matters1312
312Adjusted net sales$                           2,189
$                           8,089


1
For the three and twelve months ended December 31, 2025, reflects a $312 million impact to sales due to contra revenue accounting as a result of the settlement of the Flexjet-related litigation matters.We define adjusted net sales as net sales less the sales impact of the Flexjet-related litigation matters.  Management considers the nature and significance of these litigation matters to be unusual and not indicative of the Company's ongoing performance. We believe this measure is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends.Honeywell International Inc.
Reconciliation of Operating Income to Segment Profit and Adjusted Segment Profit, Calculation of Operating Income, Segment Profit, and Adjusted Segment Profit Margins
(Unaudited)
(Dollars in millions)

Three Months Ended
December 31,
Twelve Months Ended
December 31,
2025
2024
2025
2024Operating income$           996
$        1,521
$        6,044
$        6,449Stock compensation expense150
39
196
189Repositioning, Other2,3133
58
675
265Pension and other postretirement service costs325
16
73
61Amortization of acquisition-related intangibles4163
139
570
411Acquisition-related costs5—
—
2
25Indefinite-lived intangible asset impairment144
—
44
48Impairment of goodwill288
—
288
—Impairment of assets held for sale220
94
235
219Segment profit$        1,919
$        1,867
$        8,127
$        7,667Flexjet-related litigation matters6373
—
373
—Adjusted segment profit$        2,292
$        1,867
$        8,500
$        7,667







Operating income$           996
$        1,521
$        6,044
$        6,449÷ Net sales$        9,758
$        9,169
$      37,442
$      34,717Operating income margin %10.2 %
16.6 %
16.1 %
18.6 %Segment profit$        1,919
$        1,867
$        8,127
$        7,667÷ Net sales$        9,758
$        9,169
$      37,442
$      34,717Segment profit margin %19.7 %
20.4 %
21.7 %
22.1 %Adjusted segment profit$        2,292
$        1,867
$        8,500
$        7,667÷ Adjusted net sales10,070
9,169
37,754
34,717Adjusted segment profit margin %22.8 %
20.4 %
22.5 %
22.1 %


1
Included in Selling, general and administrative expenses.2
Includes repositioning, asbestos, environmental expenses, equity income adjustment, and other charges.3
Included in Cost of products and services sold and Selling, general and administrative expenses.4
Included in Cost of products and services sold.5
Included in Other (income) expense. Includes acquisition-related fair value adjustments to inventory and third-party transaction and integration costs.6
For the three and twelve months ended December 31, 2025, reflects a $373 million impact to segment profit as a result of the settlement of the Flexjet-related litigation matters.We define operating income as net sales less total cost of products and services sold, research and development expenses, selling, general and administrative expenses, impairment of goodwill, and impairment of assets held for sale. We define segment profit, on an overall Honeywell basis, as operating income, excluding stock compensation expense, pension and other postretirement service costs, amortization of acquisition-related intangibles, certain acquisition- and divestiture-related costs and impairments, and repositioning and other charges. We define adjusted segment profit, on an overall Honeywell basis, as segment profit excluding the segment profit impact of the Flexjet-related litigation matters. We define segment profit margin, on an overall Honeywell basis, as segment profit divided by net sales. We define adjusted segment profit margin, on an overall Honeywell basis, as adjusted segment profit divided by adjusted net sales. We believe these measures are useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends.A quantitative reconciliation of operating income to segment profit, on an overall Honeywell basis, has not been provided for all forward-looking measures of segment profit and segment profit margin included herein. Management cannot reliably predict or estimate, without unreasonable effort, the impact and timing on future operating results arising from items excluded from segment profit, particularly pension mark-to-market expense as it is dependent on macroeconomic factors, such as interest rates and the return generated on invested pension plan assets. The information that is unavailable to provide a quantitative reconciliation could have a significant impact on our reported financial results. To the extent quantitative information becomes available without unreasonable effort in the future, and closer to the period to which the forward-looking measures pertain, a reconciliation of operating income to segment profit will be included within future filings.Acquisition amortization and acquisition- and divestiture-related costs are significantly impacted by the timing, size, and number of acquisitions or divestitures we complete and are not on a predictable cycle and we make no comment as to when or whether any future acquisitions or divestitures may occur. We believe excluding these costs provides investors with a more meaningful comparison of operating performance over time and with both acquisitive and other peer companies.Honeywell International Inc.
Calculations of Aerospace Technologies Adjusted Segment Profit and Adjusted Segment Profit Margin
(Unaudited)
(Dollars in millions)

Three Months Ended
December 31,
Twelve Months Ended
December 31,Aerospace Technologies2025
2024
2025
2024Segment profit$           909
$           811
$        4,284
$        3,988÷ Net sales$        4,520
$        3,986
$      17,510
$      15,458Segment profit margin %20.1 %
20.3 %
24.5 %
25.8 %







Segment profit$           909
$           811
$        4,284
$        3,988Add: Flexjet-related litigation matters1373
—
373
—Adjusted segment profit$        1,282
$           811
$        4,657
$        3,988







Net sales$        4,520
$        3,986
$      17,510
$      15,458Add: Flexjet-related litigation matters1312
—
312
—Adjusted net sales$        4,832
$        3,986
$      17,822
$      15,458







Adjusted segment profit margin %26.5 %
20.3 %
26.1 %
25.8 %


1
For the three and twelve months ended December 31, 2025, reflects a $312 million impact to sales due to contra revenue accounting and a $373 million impact to segment profit as a result of the settlement of the Flexjet-related litigation matters.We define adjusted segment profit as segment profit excluding the segment profit impact associated with the Flexjet-related litigation matters. We define adjusted net sales as sales from continuing operations less the sales impact of the Flexjet-related litigation matters. We define adjusted segment profit margin as adjusted segment profit divided by adjusted net sales. We believe these measures are useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends.Honeywell International Inc.
Reconciliation of Earnings per Share to Adjusted Earnings per Share
(Unaudited)

Three Months Ended
December 31,
Twelve Months EndedDecember 31,
Twelve Months Ended
December 31,
2025
2024
2025
2024
2026EEarnings per share of common stock from continuing operations- diluted1$              0.49
$             1.74
$             7.57
$             7.58
$9.59 - $9.89Pension mark-to-market expense20.18
0.15
0.19
0.14
No ForecastAmortization of acquisition-related intangibles30.19
0.16
0.67
0.49
0.74Acquisition-related costs40.02
0.03
0.05
0.10
0.02Divestiture-related costs50.37
—
0.72
—
No ForecastRussian-related charges6—
—
—
0.03
—Indefinite-lived intangible asset impairment70.07
—
0.07
0.06
—Impairment of goodwill80.45
—
0.45
—
—Impairment of assets held for sale90.35
0.14
0.37
0.33
—Loss on sale of business10—
—
0.04
—
—Gain related to Resideo indemnification and reimbursement agreement termination11—
—
(1.25)
—
—Adjustment to estimated future environmental liabilities12—
—
0.25
—
—Loss on settlement of divestiture of asbestos liabilities13—
—
0.17
—
—Flexjet-related litigation matters140.47
—
0.48
—
—Adjusted earnings per share of common stock from continuing operations - diluted$              2.59
$             2.22
$             9.78
$             8.73
$10.35 - 10.65


1
For the three months ended December 31, 2025, and 2024, adjusted earnings per share utilizes weighted average shares of approximately 638.6 million and 654.8 million, respectively. For the twelve months ended December 31, 2025, and 2024, adjusted earnings per share utilizes weighted average shares of approximately 642.8 million and 655.3 million, respectively. For the twelve months ended December 31, 2026, expected earnings per share utilizes weighted average shares of approximately 638 million.2
For the three months ended December 31, 2025 and 2024, pension mark-to-market expense was $113 million and $95 million, net of tax benefit of $36 million and $31 million, respectively. .For the twelve months ended December 31, 2025 and 2024, pension mark-to-market expense was $123 million and $95 million, net of tax benefit of $40 million and $31 million, respectively.3
For the three months ended December 31, 2025, and 2024, acquisition-related intangibles amortization includes $124 million and $107 million, net of tax benefit of $39 million and $32 million, respectively. For the twelve months ended December 31, 2025, and 2024, acquisition-related intangibles amortization includes $432 million and $321 million, net of tax benefit of $138 million and $90 million, respectively. For the twelve months ended December 31, 2026, expected acquisition-related intangibles amortization includes approximately $470 million, net of tax benefit of approximately $110 million.4
For the three months ended December 31, 2025, and 2024, the adjustment for acquisition-related costs, which is principally comprised of third-party transaction and integration costs, is $13 million and $21 million, net of tax benefit of $4 million and $5 million, respectively. For the twelve months ended December 31, 2025, and 2024, the adjustment for acquisition-related costs, which is principally comprised of third-party transaction and integration costs and acquisition-related fair value adjustments to inventory, is $35 million and $66 million, net of tax benefit of $10 million and $17 million, respectively. For the twelve months ended December 31, 2026, the expected adjustment for acquisition-related costs, which is principally comprised of third-party transaction and integration costs, is approximately $10 million, net of tax benefit of approximately $5 million.5
For the three and twelve months ended December 31, 2025, the adjustment for divestiture-related costs, which is principally comprised of third-party transaction costs, is $237 million and $460 million, net of tax benefit of approximately $11 million and $61 million, respectively. 6
For the twelve months ended December 31, 2024, the adjustment is a $17 million expense, without tax benefit, due to the settlement of a contractual dispute with a Russian entity associated with the Company's suspension and wind down activities in Russia.7
For the three and twelve months ended December 31, 2025, the impairment charge of indefinite-lived intangible assets associated with the Industrial Automation reportable segment was $44 million, without tax benefit. For the twelve months ended December 31, 2024, the impairment charge of indefinite-lived intangible assets associated with the personal protective equipment business was $37 million, net of tax benefit of $11 million.8
For the three and twelve months ended December 31, 2025, the impairment charge of goodwill associated with the Industrial Automation reportable segment was $288 million, without tax benefit.9
For the three months ended December 31, 2025 and 2024, the impairment charge of assets held for sale was $220 million and $94 million, respectively, without tax benefit. For the twelve months ended December 31, 2025 and 2024, the impairment charge of assets held for sale was $235 million and $219 million, respectively, without tax benefit.10
For the twelve months ended December 31, 2025, the loss on sale of the personal protective equipment business is $28 million, net of tax benefit of $2 million.11
For the twelve months ended December 31, 2025, the adjustment for the gain related to the Resideo indemnification and reimbursement agreement termination was $802 million, without tax expense.12
In the twelve months ended December 31, 2025, the Company enhanced its process for estimating environmental liabilities at sites undergoing active remediation, which led to earlier recognition of the estimated probable liabilities and an increase to estimated environmental liabilities. For the twelve months ended December 31, 2025, the adjustment to increase environmental liabilities was $161 million, net of tax benefit of $50 million.13
For the twelve months ended December 31, 2025, the adjustment for loss on settlement of divestiture of asbestos liabilities was $112 million, net of tax benefit of $36 million.14
For the three and twelve months ended December 31, 2025, the adjustment for the Flexjet-related litigation matters was $302 million, net of tax benefit of $71 million. Management considers the nature and significance of these litigation matters to be unusual and not indicative of the Company's ongoing performance.

Note: Amounts may not foot due to roundingWe define adjusted earnings per share as diluted earnings per share from continuing operations adjusted to exclude various charges as listed above. We believe adjusted earnings per share is a measure that is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends. For forward-looking information, management cannot reliably predict or estimate, without unreasonable effort, the pension mark-to-market expense as it is dependent on macroeconomic factors, such as interest rates and the return generated on invested pension plan assets. The divestiture-related costs are subject to detailed development and execution of separation restructuring plans for the announced separation of Automation and Aerospace Technologies. We therefore do not include an estimate for the pension mark-to-market expense. Based on economic and industry conditions, future developments, and other relevant factors, these assumptions are subject to change.Acquisition amortization and acquisition- and divestiture-related costs are significantly impacted by the timing, size, and number of acquisitions or divestitures we complete and are not on a predictable cycle and we make no comment as to when or whether any future acquisitions or divestitures may occur. We believe excluding these costs provides investors with a more meaningful comparison of operating performance over time and with both acquisitive and other peer companies.Honeywell International Inc.
Reconciliation of Cash Provided by Operating Activities to Free Cash Flow
(Unaudited)
(Dollars in millions)

Three Months Ended December 31,
Twelve Months EndedDecember 31,
2025
2024
2025
2024Cash provided by operating activities from continuing operations$                1,241
$                1,998
$                6,075
$                5,112Capital expenditures(306)
(301)
(986)
(871)Spin-off and separation-related cost payments90
—
116
—Resideo indemnification and reimbursement agreement termination payment—
—
(1,590)
—Settlement of divestiture of asbestos liabilities1,428
—
1,428
—Settlement of Flexjet-related litigation matters59
—
59
—Free cash flow$                2,512
$                1,697
$                5,102
$                4,241We define free cash flow as cash provided by operating activities from continuing operations less cash for capital expenditures and excluding spin-off and separation-related cost payments, the Resideo indemnification and reimbursement agreement termination payment, cash payment for settlement of divestiture of asbestos liabilities, and the cash payment for settlement of Flexjet-related litigation matters.We believe that free cash flow is a non-GAAP measure that is useful to investors and management as a measure of cash generated by operations that will be used to repay scheduled debt maturities and can be used to invest in future growth through new business development activities or acquisitions, pay dividends, repurchase stock, or repay debt obligations prior to their maturities. This measure can also be used to evaluate our ability to generate cash flow from operations and the impact that this cash flow has on our liquidity.Honeywell International Inc.
Reconciliation of Expected Cash Provided by Operating Activities to Expected Free Cash Flow
(Unaudited)

Twelve Months Ended
December 31, 2026(E) ($B)Cash provided by operating activities~$4.7 - $5.0Capital expenditures~(1.3)Spin-off and separation-related cost payments~1.5Settlement of Flexjet-related litigation matters~0.4Free cash flow~$5.3 - $5.6We define free cash flow as cash provided by operating activities from continuing operations less cash for capital expenditures and excluding spin-off and separation-related cost payments, the Resideo indemnification and reimbursement agreement termination payment, the cash payment for settlement of divestiture of asbestos liabilities, and the cash payment for settlement of Flexjet-related litigation matters.We believe that free cash flow is a non-GAAP measure that is useful to investors and management as a measure of cash generated by operations that will be used to repay scheduled debt maturities and can be used to invest in future growth through new business development activities or acquisitions, pay dividends, repurchase stock, or repay debt obligations prior to their maturities. This measure can also be used to evaluate our ability to generate cash flow from operations and the impact that this cash flow has on our liquidity.Contacts:

MediaInvestor RelationsStacey JonesMark Macaluso(980) 378-6258(704) 627-6118stacey.jones@honeywell.commark.macaluso@honeywell.com 



View original content to download multimedia:https://www.prnewswire.com/news-releases/honeywell-reports-fourth-quarter-2025-results-with-adjusted-sales-and-adjusted-earnings-above-high-end-of-guidance-issues-2026-outlook-302673312.htmlSOURCE Honeywell

Original: HONEYWELL REPORTS FOURTH QUARTER 2025 RESULTS, WITH ADJUSTED SALES AND ADJUSTED EARNINGS ABOVE HIGH END OF GUIDANCE; ISSUES 2026 OUTLOOK

HON, dollar cost average paid off

HON, dollar cost average at best

HON, dollar cost average

HON, avoid for now

HON, moving sideways

Abu Dhabi’s TII and Honeywell Team to Advance Quantum-Secure Satellite Technology

Mohib Ur Rehman
November 28, 2025

Abu Dhabi’s TII and Honeywell are collaborating to develop quantum-secure satellite communication systems using quantum key distribution technology.

The partnership integrates Honeywell’s QKDSat platform with TII’s Abu Dhabi Quantum Optical Ground Station to test end-to-end satellite-to-ground QKD links.

The initiative aims to build global quantum-resilient networks for government, security, and commercial use as traditional encryption faces quantum threats.

PRESS RELEASE — The Technology Innovation Institute (TII), the applied research arm of Abu Dhabi’s Advanced Technology Research Council (ATRC), and Honeywell have launched a joint initiative to develop quantum-secure satellite communication systems designed to protect sensitive information across global networks.

As quantum computing capabilities continue to evolve, traditional encryption methods are coming under increasing pressure. Quantum key distribution (QKD) offers a future-proof solution by using the quantum properties of light to generate encryption keys that are inherently immune to interception and secure against emerging computing threats.

Under this collaboration, Honeywell’s ‘QKDSat’ platform will be integrated with TII’s ground-based infrastructure – the Abu Dhabi Quantum Optical Ground Station (ADQOGS) – to establish and test end-to-end QKD links between satellites and terrestrial quantum networks. The initiative represents a key step toward building quantum-resilient communication infrastructure capable of safeguarding critical data for government, security, and commercial applications.

Dr. Najwa Aaraj, CEO of TII, said: “This collaboration is a significant step toward building global quantum-secure networks in the UAE and beyond. It brings together Honeywell’s track record in aerospace innovation and TII’s expertise in quantum technologies to address one of the most pressing challenges of the digital era: how we protect our most critical information in a quantum-powered future.”

Quantum-resilient infrastructure said: “Turning quantum science into operational capability requires proven space engineering. Honeywell’s heritage in secure satellite systems allows us to take these concepts from laboratory testing to real-world missions. Teaming up with TII ensures that together we’re advancing technologies that can deliver trusted, quantum-secure communications on a global scale.”

Developed and operated by TII, ADQOGS is a versatile optical ground station designed to support a range of satellite-based quantum communication experiments – methods used to encode information onto particles of light so they can transmit encryption keys securely between space and Earth. Its integration with Honeywell’s QKDSat platform will allow experts to test and validate quantum-backed encryption methods under realistic satellite operating conditions, demonstrating long-distance QKD links and overcoming the distance limitations of fiber-based quantum networks – opening the door to truly global quantum communication that is not constrained by terrestrial infrastructure.

The collaboration underscores both organizations’ commitment to developing trusted, quantum-secure communication systems, and highlights Abu Dhabi’s growing role in shaping the future of global cybersecurity innovation.

For more information about ADQOGS, visit https://www.tii.ae/publications/adqogs-versatile-optical-ground-station-satellite-based-quantum-key-distribution.

For more information about QKDSat, visit https://aerospace.honeywell.com/us/en/products-and-services/product/services/quantum

Honeywell AerospaceQuantum communication networksQuantum Key DistributionQuantum-resilient infrastructure
IAC
Mohib Ur Rehman

Mohib has been tech-savvy since his teens, always tearing things apart to see how they worked. His curiosity for cybersecurity and privacy evolved from tinkering with code and hardware to writing about the hidden layers of digital life. Now, he brings that same analytical curiosity to quantum technologies, exploring how they will shape the next frontier of computing.

https://thequantuminsider.com/2025/11/28/quantum-secure-satellite-links-uae/

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