Honeywell's three major business prospects

2025-02-09 09:21
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According to Honeywell's plan, there will be three companies focusing on different fields in the future. 1. Automation Company: Honeywell's automation business will become an independent company after the spin-off, and is expected to achieve $18 billion in revenue in 2024. 2. Aerospace Company: Honeywell's aerospace business is the company's largest source of revenue, accounting for 40% of total revenue. 3. Advanced Materials Company: Honeywell's advanced materials business will also be spun off in early 2026, focusing on sustainable materials and innovative technologies.