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Honeywell Aerospace

Logo: Honeywell INC, Public domain, via Wikimedia Commons4

American industrial company

Honeywell Aerospace Inc. is an independent American manufacturer of aircraft engines, avionics, auxiliary power units (APUs), and other aviation systems.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 18, 2026.

Overview

1936Founded1

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  • TickerHONA on Nasdaq1
  • Industryaerospace industry1
  • HeadquartersPhoenix1
  • Founded inLos Angeles1
  • Websitewww.honeywellaerospace.com
  • Legal formpublic company1
  • Incorporated inDE5
  • Business address1944 E Sky Harbor Cir N, Phoenix, Az 850345
  • Filer categoryNon-accelerated filer5

Honeywell Aerospace Inc. is an independent American manufacturer of aircraft engines, avionics, auxiliary power units (APUs), and other aviation systems. Headquartered in Phoenix, Arizona, it operates as one of the world's largest standalone tier-1 aerospace and defense suppliers. The company generates approximately $15 billion in annual revenue from a balanced portfolio of commercial and military defense contracts.3

The story

History

Originally a core division of the Honeywell International conglomerate, the business was spun off into an independent, publicly traded corporate entity effective June 29, 2026, following formal approval from the Honeywell Board of Directors on June 15, 2026. Following the structural separation, the remaining automation segments of the original parent company were renamed Honeywell Technologies.

The company experienced a foundational manufacturing boom during World War II, when it equipped Allied bomber aircraft with specialized avionics and invented the modern electronic autopilot. After the war, it successfully shifted focus toward commercial aviation and peacetime applications. Today, Honeywell Aerospace produces advanced space exploration equipment, micro-electronic systems, turbine engines, braking systems, synthetic vision, runway safety infrastructure, and flight deck avionics.

A Honeywell APU was instrumental in maintaining backup systems during the emergency river landing of US Airways Flight 1549, and a ruggedized Honeywell flight data recorder survived underwater for nearly two years to provide critical diagnostics for the investigation into Air France Flight 447. The company has historically contributed to nearly 90 percent of United States space missions, including design consulting for technical props in 2001: A Space Odyssey. It continues to be a core development partner in the U.S. Federal Aviation Administration's NextGen program and the European Union's SESAR modernization frameworks.

In 2010, President Barack Obama awarded longtime Honeywell safety engineer Don Bateman the National Medal of Technology for his development of ground proximity warning systems which radically reduced controlled flight into terrain accidents. The company holds an extensive patent portfolio detailing flight windshield engineering, aerospace turbochargers, and satellite communications hardware, following the resolution of a notable historical 11-year patent dispute regarding ring laser gyroscope technology.

History

Corporate history

Honeywell Aerospace Technologies began in 1914. Over nearly a century, through various acquisitions, mergers and name changes, Honeywell Aerospace Technologies combined legacy companies Sperry, Bendix, Garrett AiResearch, Pioneer, Lycoming, Grimes, King Radio and AlliedSignal. Garrett Corporation also acquired Aero Engineering Inc., Aero Sales Engineering, Ltd. and Air Cruisers Company in 1954.

Following the death of its founder John Cliff Garrett in 1963, Garrett Corporation merged with Signal Oil & Gas Company to avoid a hostile takeover by Curtiss-Wright. In 1968, Signal Oil & Gas was renamed The Signal Companies. In 1982 Allied Corporation acquired Bendix Aerospace after coming in late in a protracted fight involving Bendix, Martin Marietta, and United Technologies. Originally, Bendix had tried to acquire Martin Marietta. Martin Marietta then bid for Bendix, and United Technologies entered the fray to help Martin Marietta.

After the dust cleared, Allied Corporation was the apparent victor.

In 1985 The Signal Companies merged with Allied Corporation forming Allied-Signal Inc. Allied-Signal (later renamed to Honeywell International in 1999) now includes [what was (in 1986) called] Honeywell Inc., and in 1986 Honeywell Inc. acquired Sperry Aerospace for $1.025 billion.

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Allied-Signal acquired the Lycoming Turbine Engine Division of Textron in 1994 and Grimes in 1997. Allied-Signal acquired Honeywell in 1999 and changed the name of the resulting company to Honeywell International.

Early history

In the late 1930s Honeywell added temperature controls to moving vehicles like cars, trains and airplanes. This was more challenging than a traditional stationary furnace, because the temperature around a plane changes drastically as it climbs and descends. Honeywell provided the air conditioning system for America's first nuclear-powered submarine in 1954 and many Honeywell controls were used in the Manhattan Project.

John Clifford "Cliff" Garrett founded Aircraft Tool and Supply Company in a one-room office in Los Angeles in 1936 to create specialized parts for aviation. From 1936 to 1938 the company grew from $3,503 to $21,540 in profit and raised an additional $31,500 in capital. In 1938 Cliff Garrett declared the company had hit a downturn, because many manufacturers they had previously sold products from had developed their own sales offices. In response, Cliff shifted focus to developing and manufacturing patented aviation products. In 1938 the company changed its name to Garrett Corporation. In 1939, Garrett formed Garrett AiResearch Manufacturing Co. to design, create and sell patented aviation products. The first invented product was an all-aluminum aircraft intercooler that was used to give Boeing B-17 bombers high-altitude abilities. Garrett also built Defense Plant Corporation in 1942.

World War II & defense

Garrett AiResearch's first major product was an oil cooler for military aircraft that allowed the Douglas DB-7, and Boeing's B-17 and B-25 bombers to fly at higher altitudes. Garrett also developed and produced the pressurization technology for the pressurized cabins in the B-29 bomber and the air expansion cooling turbines for the Lockheed P-80 Shooting Star.

During World War II, the invention of the Norden bombsight allowed bomber planes to hit precision targets from high altitudes, but at 25,000 feet a single degree of oscillation in the plane's flight course threw a bomb 400 feet off its target. The Flight Control Equipment system commonly known as "auto-pilot" was initially invented by Sperry so World War II bomber planes could fly steady enough to hit precise targets from high altitudes. The first Honeywell C-1 autopilot installation was on a B-17 in 1942.

The C-1 autopilot system created rumors in mainstream media regarding crewless autopilot planes flying for thousands of miles, creating diversions for enemy squads and maintaining a steady flight despite extensive damage. The autopilot technology was kept secret until 1943, when it became clear Germany had caught wind of it by salvaging downed US bombers.

Sperry, Bendix and Grimes all produced equipment for World War II planes like instruments, navigation, electronics, wheels and lighting systems.

During World War II Bendix made just about every ancillary instrument or equipment for military aircraft. Garrett Corporation initially produced intercoolers, air coolers and cabin pressurization regulators. During the war Garrett expanded to manufacturing its own actuators, auxiliary power units, mechanical shutters and turbochargers. Since then all of these companies have merged and ultimately became a part of Honeywell.

Honeywell was responsible for many of the cockpit technologies in the first mass-produced, four-engine heavy bomber, the B-17 Flying Fortress.

In the beginning of the war most turbochargers were manually controlled superchargers that used mechanical energy from the engine to force air into the combustion process through the intake manifold. The exhaust based turbocharger most common today was first created for World War II bomber planes and became stock equipment on B-17, B-24 and B-29 bombers.

World War II was a boon for Garrett AiResearch, but the company had already been advertising peace-time products and created a New Products Investigation Group to identify post-war aerospace technology ideas. Nevertheless, the war's end resulted in deep cutbacks and layoffs for Garrett Corporation. The B-36 had more than 10,000 Garrett products in it and helped carry the company through the post-war transition. By 1948 Garrett Corporation had a $7.5 million backlog.

Turbine history

Near the end of World War II, Garrett got board approval and $1 million in research funding to develop turbine engines. The company began to create its first turbine engine called "the black box", but a tight contract deadline and a problem with turbine efficiency resulted in the expensive project being scrapped in 1946. The backward curved centrifugal compressor from the black box project was used in future designs and lessons from the project made the company discontinue axial turbines for radial ones. In October 1951, Garrett was awarded a $36 million contract by the U.S. Navy.

Additional turbine testing facilities and a young team of engineers with turbomachinery experience eventually created future turbine engines used in APUs in the late 1940s. Used initially as a ground cart for military jets and some commercial aircraft, the first airborne APU entered service on the Boeing 727 in 1962.

By the 1960s Garrett AiResearch controlled a substantial portion of the APU turbine market, which was not expected to grow. Speer pushed Garrett to take on larger incumbents in the general engine propulsion market, but did not get approval to "boot-strap" the development of the turboprop 331 engine until 1962. The Garrett TPE331 would be Garrett's (later Honeywell's) first fixed-wing general propulsion turbine.

Commercial avionics

An early landmark commercial avionics technology was the ring laser gyroscope (RLG), which was developed in 1958. Honeywell supported the "long and painful" development process, but was rewarded by the 1970s. Honeywell also developed the Laser Inertial Navigation system. Both RLG and the Laser Inertial System help navigation and automatic flight control systems measure altitude, position, velocity and rotation. By 1991, 45,000 RLG devices were sold.

Throughout the 1950s technicians experimented with a new device called the Electrically Suspended Gyroscope (ESG). The ESG was a rotating ball suspended within a shell using electrical fields. Because there was no contact between materials, there was virtually no wear and tear. The drift of the device was small enough to be difficult to measure and test. The first commercial ESG was built in 1959.

The acquisition of Sperry Aerospace for $1.029 billion led to the integration of both flight control and navigation systems in the cockpit, which led to several years of double digit growth. The Boeing 777 widebody jet made in 1995 was manufactured with a suite of new avionics technology developed by Honeywell over four years by 1,200 engineers. By the end of the same year, 20 space and aviation programs had purchased the same set of new technologies.

Legal settlement

Honeywell's ring laser gyroscope (RLG) system was at the heart of a patent lawsuit regarding the special optical coatings applied to mirrors inside the inertial guidance system. In 1990 Litton Industries, who Honeywell had just won a $400,000 settlement from, sued Honeywell for $2 billion. The lawsuit was both for patent claims and alleged unfair business practices that led to Honeywell's monopolization of the RLG market. Later Litton increased the claim to $6 billion on the basis patent infringement was willful. If successful, it would have been the largest patent victory in history. However, a jury only ruled in favor for $234 million in damages, which was overruled by a US District Court, saying the patent was unenforceable because it was an obvious combination of pre-existing technologies.

After 11 years of legal battles from 1990 to 2001, just before going to another round of appeals, the companies agreed to settle for $440 million to end the long dispute Honeywell called "time-consuming and distracting".

From Wikipedia’s article on Honeywell Aerospace, shared under CC BY-SA 4.0.6

Leadership

Who has led Honeywell Aerospace, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (17)

Products and brands

  • aircraft engine

Listed on Wikidata.1

Business

Honeywell Aerospace Technologies is responsible for over thirty percent of Honeywell's total revenue with half from commercial contracts and half from defense contracts. The division generates $15 billion in annual sales. In 2010, 75 percent of revenue was from the Americas.

Honeywell expects future revenue sources to be more geographically diverse as aviation grows in emerging markets like India and Africa. In these regions, a lack of ground support encourages the use of additional cockpit avionics to prevent crashes and determine flight routes. Honeywell publishes a regular business aviation forecast, which acknowledged a significant decline from 2008 to 2010, but expected recovery to 2008 levels by 2017.

Aircraft

The Honeywell ALF502 and LF507 turbofans power the British Aerospace 146 family of airliners. Honeywell also partners with General Electric Aircraft Engines in a company called CFE Corporation that develops the CFE738 series, a 6,000 pound thrust engine.

The TFE731 family of turbofan aircraft engines have accumulated nearly 90 million service hours in aircraft since 1972. There are more than 8,500 TFE engines in service on business aircraft. The TPE331 turbine engines were first developed in the 1960s, and have been installed in small aircraft conversions since the mid-1990s. Honeywell's ATF3 turbofan engine is installed in Dassault Falcon 20 aircraft used by the US Coast Guard and the French Navy.

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The Honeywell HTF7000 series is used in the Bombardier Challenger 300 and the Gulfstream G280.

Aircraft brakes, wheels and black boxes

Honeywell also manufactures aircraft wheel and brake systems as part of its aircraft landing system (ALS) business based in South Bend, Indiana. It produces brakes for the joint venture between General Electric and a Chinese state-owned company called Commercial Aircraft Corporation for the C919 plane.

The project is expected to deliver 4,700 planes to China over the next 20 years. Honeywell manufactures commercial aircraft cockpit data recorders, commonly known as a "black box". In 2011 Honeywell black boxes were recovered from the infamous 2009 crash of Air France Flight 447. The black boxes were held 13,000 feet below water for two years at 400 times normal atmospheric pressure. At that depth and pressure the wireless alarm of a black box is largely ineffective and the black box itself is only designed to withstand 1500 gs of pressure or depths of 20,000 feet for 30 days. Despite far exceeding the black box's specifications, the data was recovered intact, showing the plane plummeted 38,000 feet in 3.5 minutes.

From Wikipedia’s article on Honeywell Aerospace, shared under CC BY-SA 4.0.6

Subsidiaries and ownership

Parent company

From Wikidata.1

Former names

  • Honeywell Aerospace LLCOct 1, 2025 to Jan 28, 20265

Timeline

  1. Jun 29, 2026New chief executive David Andrew Marinick becomes CEO8
  2. Jun 29, 2026New chief executive James E. Currier becomes CEO9
  3. Jun 29, 2026New chief executive Richard Degraff becomes CEO10
  4. Jun 29, 2026New chief executive Robert Conrad Buddecke Jr. becomes CEO11
  5. 1936Founded Founded in Los Angeles1

Filings

77 filings to the SEC since October 2021: 1 quarterly reports, 4 major events, 56 insider forms, 2 large holders, 14 other. The latest 20:

  1. Sep 3, 20264 EDGAR
  2. Aug 7, 20264 EDGAR
  3. Aug 5, 202610-Q EDGAR
  4. Aug 5, 20268-K EDGAR
  5. Aug 5, 20264 EDGAR
  6. Aug 5, 20264 EDGAR
  7. Aug 5, 20264 EDGAR
  8. Aug 5, 20264 EDGAR
  9. Aug 5, 20264 EDGAR
  10. Aug 5, 20264 EDGAR
  11. Aug 5, 20264 EDGAR
  12. Aug 5, 20264 EDGAR
  13. Aug 5, 20264 EDGAR
  14. Aug 5, 20264 EDGAR
  15. Aug 5, 20264 EDGAR
  16. Aug 5, 20264 EDGAR
  17. Aug 5, 20264 EDGAR
  18. Aug 5, 20264 EDGAR
  19. Aug 4, 20264 EDGAR
  20. Aug 4, 20264 EDGAR

The 77 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last three years, summarized. The full record is on SEC EDGAR.

Insider trades and holders

Large holders

Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 2 such filings since October 2021:

  1. Jul 31, 2026SCHEDULE 13G
  2. Jul 28, 2026SCHEDULE 13G

From Forms 4 and Schedules 13D and 13G filed with the SEC.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.23,762,174$5.3B0.1%New
Vanguard Capital Management LLC20,693,166$4.6B0.1%New
Invesco Ltd.12,884,435$2.8B0.2%New
Morgan Stanley9,286,812$2.1B0.1%New
Geode Capital Management, LLC8,206,762$1.8B0.1%New
Wellington Management Group Llp7,716,131$1.7B0.3%New
Vanguard Portfolio Management LLC7,533,319$1.7B0.1%New
Goldman Sachs Group Inc7,388,181$1.6B0.2%New
Franklin Resources Inc6,495,690$1.4B0.3%New
Massachusetts Financial Services Co /ma/5,005,241$1.4B0.4%New
Bank Of America Corp /de/4,677,887$1.0B0.1%New
Jpmorgan Chase & Co3,881,348$854.6M0.0%New
Royal Bank Of Canada3,485,852$770.6M0.1%New
Ameriprise Financial Inc3,351,052$740.9M0.2%New
Capital Research Global Investors3,299,870$729.5M0.1%New
Bank of New York Mellon Corp2,914,841$644.4M0.1%New
UBS Group AG2,768,136$612.0M0.1%New
Nuveen, LLC2,688,848$594.5M0.1%New
Northern Trust Corp2,652,215$586.4M0.1%New
Barclays PLC2,302,561$509.1M0.2%New
Unisphere Establishment2,075,000$458.7M3.9%New
Charles Schwab Investment Management Inc2,031,187$449.1M0.1%New
First Manhattan Co. Llc.1,875,740$414.7M1.1%New
Vanguard Fiduciary Trust Co1,779,055$393.3M0.1%New
Dimensional Fund Advisors LP1,751,718$387.1M0.1%New

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

2 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Sep 24, 2026Maria Elvira SalazarRepublican, HousePartial sale$1,001 - $15,000−2.3%Report
Aug 19, 2026Kevin HernRepublican, HouseSale$15,001 - $50,000+4.6%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).