Honeywell International, now operating under brand name Honeywell Technologies, spun off Honeywell Aerospace as an independent company in June 2026. Honeywell International has completed its transformation from a century-old industrial conglomerate into three independent, publicly traded companies: Honeywell Technologies, Honeywell Aerospace, and Solstice Advanced Materials.
Courtesy of Honeywell
Change the World 2024
This industrial giant makes much of the technology that makes other companies run. And CEO Vimal Kapur has focused its portfolio on automation, aviation, and the energy transition. The goal is to address not just the technology behind that transition but the cost, making it feasible for enterprise customers to turn a profit while doing the right thing. On one urgent front, Honeywell is creating greener ways to store energy, such as through low-carbon hydrogen and food waste. It’s a leader in tech that produces sustainable aviation fuel (SAF) from such waste. At least for now, as Kapur told Fortune, “you can’t run a plane on electricity.”