Honeywell has filed a Form 10 registration statement with the U.S. Securities and Exchange Commission as it prepares to spin off Honeywell Aerospace into an independent public company expected to trade on Nasdaq under the ticker HONA.

The filing outlines the future company’s financial profile and operating structure ahead of a planned third-quarter listing.

Honeywell Aerospace is expected to launch with $17.4 billion in pro forma net sales for 2025, alongside $1.5 billion in pro forma net income and $4.3 billion in adjusted EBIT.

The business will operate through three segments: Electronic Solutions, Engines & Power Systems and Control Systems.

Electronic Solutions provides avionics, navigation and sensing technologies as well as defence and space systems. Engines & Power Systems supplies propulsion systems, auxiliary power units and electric power solutions. Control Systems delivers thermal management and motion control technologies supporting aircraft operations and safety systems.

Jim Currier, president and CEO at Honeywell Aerospace, says: “Honeywell Aerospace continues to build momentum as we approach our public debut in the third quarter. As a premier provider of mission-critical systems leading towards greater electrification, autonomy and safety, Honeywell Aerospace is well-positioned to capitalise on resilient travel demand, growing global defence budgets and our record backlog.”