Honeywell Aero Dodges Spinoff Bullet

Honeywell said yesterday that it’s spinning off its home products, ADI global distribution and transportation systems business units, which collectively generate $7.5 billion in annual revenues. Divesting the units will help Honeywell fund future acquisitions and allow it to focus on core businesses...
Fred George

Fred formerly was senior editor and chief pilot with Business & Commercial Aviation and Aviation Week's chief aircraft evaluation pilot. He has flown left seat in virtually every turbine-powered business jet produced in the past three decades.

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