Honeywell completes sale of PSS business to Brady Corporation
The all-cash transaction marks the final step in Honeywell's transition to a pure-play automation company, following other divestitures.
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Industrial automation and software company
honeywell.comLast updated
In short: Honeywell transitioned into a pure-play automation company following the strategic spinoff of its aerospace division and key divestitures.
The all-cash transaction marks the final step in Honeywell's transition to a pure-play automation company, following other divestitures.
The all-cash transaction sharpens its focus on pure-play automation, following spin-offs of Aerospace and Advanced Materials.
CEO Vimal Kapur and leadership celebrated five years as a Nasdaq-listed company and commitment to Charlotte.
The company reported strong sales growth and orders up 16%, contributing to a ~$20B backlog, after separating its Aerospace business.
Honeywell's latest quarterly update highlights resilient revenue, stronger profitability, disciplined cash management, and an evolving industrial portfolio that remains central to its long-term business direction.
Honeywell International (NASDAQ:HON) CFO Mike Stepniak said the company is off to a strong start...
Honeywell Technologies (HON) used Tuesday, 11 August 2026, at Deutsche Bank’s Chicago Industrials Summit to lay out its next phase after completing a three-year portfolio...
The company cut its 2026 sales growth forecast to 4-5% as supply chain bottlenecks limit conversion of demand into sales.
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