Honeywell To Take $470M Charge for Flexjet Settlements

Honeywell company sign
Credit: JHVEPhoto/Alamy Stock Photo
Honeywell said Dec. 22 that its aerospace segment, which will be spun out into its own company in 2026, will record a $470 million financial charge in the fourth quarter of 2025 for Flexjet-related litigation payments. Based on negotiations to date, Honeywell said it expects to record a one-time...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

Subscription Required

 

Honeywell To Take $470M Charge for Flexjet Settlements is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aerospace Daily & Defense Report through your company? Login with your existing email and password.

Not a member?  Learn how you can access the market intelligence and data you need to stay abreast of what's happening in the aerospace and defense community.