Honeywell Reveals New Segment Structure for Automation

Honeywell has announced a major update to its business segment structure as it moves toward spinning off its Aerospace Technologies and Solstice Advanced Materials units over the next two years. The new structure, taking effect January 1, 2026, will reshape the company’s reporting lines and sharpen its focus on automation and digital transformation.

This move underscores how one of the world’s biggest industrial technology firms is doubling down on automation, data-driven operations, and autonomy — all central themes in electronics, industrial IoT, and smart systems innovation.

Aerospace spin-off on track

Honeywell’s Aerospace Technologies division remains on schedule to become an independent company in the second half of 2026. As a standalone entity, it will be one of the largest publicly traded pure-play aerospace suppliers, serving commercial, defense, and space markets. The business spans propulsion, navigation, avionics, and power systems used across nearly every aircraft platform worldwide.

“Building on its legacy of shaping the future of aviation, Honeywell Aerospace is poised to further solidify its position as a leader in commercial aerospace, defense and space markets as it transforms its business in this next chapter as a standalone company,” said Vimal Kapur, Chairman and CEO of Honeywell.

Honeywell first announced plans for the Aerospace Technologies separation in early 2025, positioning it as a tax-free spin-off for shareholders. The move follows the planned October 30, 2025 spin-off of Solstice Advanced Materials, which focuses on environmentally friendly refrigerants and specialty chemicals.

Honeywell refocuses on automation and autonomy

After the aerospace separation, Honeywell will concentrate on three core business segments: Building Automation (BA), Industrial Automation (IA), and Process Automation and Technology (PA&T). The company says this streamlined structure will better align with the global shift from automation to autonomy.

“For more than a century, Honeywell has been at the forefront of automation innovation, redefining what is possible for the industrial sector. Now, we are transforming our business to lead the journey to a connected autonomous future for our customers,” added Kapur.

The Building Automation segment will expand Honeywell’s presence in intelligent infrastructure, with technologies for fire safety, access control, and energy-efficient systems used in millions of buildings worldwide. Industrial Automation will cover sensing and smart edge devices across multiple industries, while Process Automation and Technology will focus on software and process innovations for energy transition, circular economy initiatives, and emission reduction.

Leadership and outlook

Once the Aerospace Technologies spin-off is complete, Honeywell will continue under Kapur’s leadership, supported by an experienced executive team: Billal Hammoud (Building Automation), Peter Lau (Industrial Automation), Jim Masso (Process Automation), and Ken West (Process Technology).

The reorganization reflects Honeywell’s ongoing effort to optimize its portfolio and sharpen its technology focus. For the automation and electronics ecosystem — from semiconductor suppliers to systems integrators — Honeywell’s renewed emphasis on autonomy and connected operations could open up new opportunities for collaboration, innovation, and growth.