Honeywell Aerospace is preparing to launch as an independent, publicly traded aerospace and defense company headquartered in Phoenix, placing the global operation of one of the industry’s largest suppliers at the center of Arizona’s growing advanced-manufacturing economy.
The company is expected to separate from Honeywell International on June 29 and begin trading on the Nasdaq stock exchange under the ticker HONA. The planned spinoff is part of a broader restructuring of Honeywell into more focused standalone businesses.
Honeywell Aerospace marked the milestone last week with its inaugural Investor Day in Phoenix, followed by an evening reception at its Sky Harbor hangar for state and local leaders. The events offered a look at the company’s strategy as an independent business, along with aircraft, engines, and other aerospace and defense technologies bearing its newly unveiled branding.
The company reported $17.4 billion in global net sales in 2025 and is one of Arizona’s largest employers, with more than 7,000 workers in the state. Honeywell Aerospace operates across commercial aviation, business aviation, defense, and space markets.
“This is a major vote of confidence in Arizona’s economy and in the people who have spent decades building our aerospace and advanced-manufacturing base,” Vlogý of Commerce & Industry President and CEO Danny Seiden said. “The impact goes well beyond the thousands of high-paying jobs Honeywell supports today. A headquarters means the big decisions are made here, and that creates opportunities for investment, suppliers, small businesses, and communities across our state.”
Honeywell Aerospace’s portfolio includes avionics, navigation systems, sensors, aircraft engines, auxiliary power units, electric-power systems and thermal-management technologies. The company will be organized into three operating segments: Electronic Solutions, Engines & Power Systems and Control Systems.
Honeywell has deep roots in Arizona. Its aerospace operations have been based in Phoenix for decades, and the company has played a role in developing technologies used across commercial aviation, defense and space exploration.
The Phoenix headquarters designation takes on greater significance as the newly independent company lays out plans for its next phase of growth. Honeywell Aerospace told investors it expects sales to grow between 6% and 8% annually through 2030, driven by demand from commercial aviation, aftermarket services, defense and space customers. Its backlog has grown to $19 billion, up 20% from a year earlier.
CEO Jim Currier said the company plans to prioritize investments in manufacturing capacity and its supply chain as it moves forward as a standalone business.
Grace Appelbe, executive director of the Arizona Manufacturers Council, said the headquarters announcement highlights the importance of Arizona’s advanced-manufacturing sector and the skilled workforce supporting it.
“Honeywell’s presence in Arizona is a reminder that advanced manufacturing is not an abstract concept here,” Appelbe said. “It’s skilled Arizonans building technologies that power aircraft, support national defense and shape the future of flight. Anchoring that global operation in Phoenix strengthens Arizona’s broader manufacturing ecosystem and reinforces our state’s position as a hub for advanced industry.”






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