Honeywell finalized key agreements to complete the spin-off of its Aerospace Technologies business into Honeywell Aerospace. The company executed a Separation and Distribution Agreement and a Tax Matters Agreement on Jun 29 2026 to allocate assets, liabilities and tax responsibilities, and to support the intended tax-free nature of the distribution. Earlier, on Jun 25 2026, Honeywell entered into a Trademark License Agreement granting the new aerospace company rights to use the "Honeywell Aerospace" brand under defined quality and exclusivity terms. Together, these agreements establish the operational, tax and brand framework as Honeywell and Honeywell Aerospace move forward as independent public companies.
Agreement 1: Honeywell Signs Separation and Distribution Agreement With Honeywell Aerospace for Spin-Off
- Agreement type: Separation and Distribution Agreement
- Counterparty: Honeywell Aerospace
- Signed / Effective: Jun 29 2026 / Jun 29 2026
- Duration / Termination: N/A
- Reason: Establish terms of spin-off and post-separation relations
Agreement 2: Honeywell Enters Tax Matters Agreement With Honeywell Aerospace for Tax-Free Spin-Off
- Agreement type: Tax Matters Agreement
- Counterparty: Honeywell Aerospace
- Signed / Effective: Jun 29 2026 / Jun 29 2026
- Duration / Termination: N/A
- Reason: Allocate tax obligations and protect tax-free treatment
Agreement 3: Honeywell Licenses 'Honeywell Aerospace' Trademarks to New Aerospace Company
- Agreement type: Trademark License Agreement
- Counterparty: Honeywell Aerospace IP Holdings and Honeywell Aerospace
- Signed / Effective: Jun 25 2026 / same
- Duration / Termination: N/A
- Reason: Enable Aerospace to use brand post-spin
Original SEC Filing:
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