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Honeywell Aerospace completes spin-off from Honeywell Technologies and begins trading on Nasdaq

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Establishes Honeywell Aerospace as an independent, global leader in the aerospace and defense industry Positions the company to deliver long-term profitable growth by expanding market leadership, investing in innovation, and strengthening operational capabilities Shares begin trading today on Nasdaq under the ticker symbol “HONA” Released supplemental historical quarterly financial information

PHOENIX, June 29, 2026 /PRNewswire/ — Honeywell Aerospace Inc. (“Honeywell Aerospace”, Nasdaq: HONA), a leading global tier-1 aerospace and defense supplier of mission critical systems and technologies, today celebrates its first day as an independent, publicly traded company following the completion of its spin-off from Honeywell International Inc. (“Honeywell Technologies”, Nasdaq: HON). Shares of Honeywell Aerospace will begin trading on the Nasdaq Stock Market effective at the market opening.

Honeywell Aerospace builds on a heritage of industry-defining innovations that began with the invention of the first autopilot in 1914. Its differentiated technologies scale across platforms and attractive end markets as it utilizes a “develop once, deploy everywhere” approach to innovation. The company launches with more than 36,000 employees who deliver safe, efficient and reliable solutions to over 10,000 global customers.

“Today marks the start of a new era for Honeywell Aerospace,” said Jim Currier, Chief Executive Officer of Honeywell Aerospace. “As an independent aerospace and defense company, we are fully dedicated to our mission to protect and advance the promise of flight to create a safer, more connected world. We are poised to deliver significant value for our customers and shareholders by leveraging a best-in-class operating system to expand our leading market positions, investing in our supply base and innovation to drive profitable growth, and pursuing disciplined capital allocation backed by a strong balance sheet.”

The spin-off was completed through the distribution by Honeywell Technologies of all shares of Honeywell Aerospace common stock. Each Honeywell Technologies shareholder of record as of the close of business on June 15, 2026, is receiving one share of Honeywell Aerospace common stock for every two shares of Honeywell Technologies common stock owned. Shareholders will receive cash in lieu of fractional shares of Honeywell Aerospace common stock.

Supplemental historical quarterly financial information
Honeywell Aerospace released select quarterly financial information for fiscal years 2024 and 2025 in a Form 8-K filed with the SEC.

About Honeywell Aerospace
Honeywell Aerospace (Nasdaq: HONA) is an independent global aerospace and defense company whose critical technologies are broadly deployed on the world’s leading commercial air transport, business aviation, defense and space platforms. These integrated solutions enable safer, more efficient, and more reliable missions. Headquartered in Phoenix, Arizona, the company employs more than 36,000 people globally and supports more than 10,000 customers. With a broad portfolio spanning avionics and navigation systems, engines and power systems, and control systems for aircraft, Honeywell Aerospace combines commitment and deep engineering expertise to drive innovation and long-term value for the aerospace industry. For more information, visit www.honeywellaerospace.com or follow Honeywell Aerospace on LinkedIn. 

Additional information
Honeywell Aerospace uses our Investor Relations website, investor.honeywellaerospace.com, as a means of disclosing information which may be of interest or material to our investors and for complying with disclosure obligations under Regulation FD.  Accordingly, investors should monitor our Investor Relations website, in addition to following our press releases, SEC filings, public conference calls, webcasts, and social media.

Forward-looking statements
Certain statements in this release are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended.  Forward-looking statements are those that address activities, events, or developments that management intends, expects, projects, believes, or anticipates will or may occur in the future.  They are based on management’s assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, and other relevant factors, many of which are difficult to predict and outside of our control.  They are not guarantees of future performance, and actual results, developments and business decisions may differ significantly from those envisaged by our forward-looking statements.  We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law.  Our forward-looking statements are also subject to material risks and uncertainties, including ongoing macroeconomic and geopolitical risks, such as changes in or application of trade and tax laws and policies, including the impacts of tariffs and other trade barriers and restrictions, lower GDP growth or recession in the U.S. or globally, supply chain disruptions, capital markets volatility, inflation, and certain regional conflicts, that can affect our performance in both the near- and long-term.  In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved.  Some of the important factors that could cause Honeywell Aerospace’s actual results to differ materially from those projected in any such forward-looking statements include, but are not limited to: (i) the possibility that the spin-off transaction will not achieve its intended benefits; (ii) the impact of the spin-off transaction on Honeywell Aerospace’s businesses and the risk that the spin-off transactions may be more difficult, time-consuming or costly than expected, including the impact on Honeywell Aerospace’s resources, systems, procedures and controls, diversion of management’s attention and the impact on, and possible disruption of, relationships with regulators, customers, suppliers, employees and other business counterparties; (iii) the possibility of disruption, including disputes, litigation or unanticipated costs, in connection with the spin-off transaction; (iv) the uncertainty of the expected financial performance of Honeywell Aerospace following completion of the spin-off transaction; (v) the ability to achieve anticipated tax treatments in connection with the spin-off transaction and future, if any, divestitures, mergers, acquisitions and other portfolio changes and the impact of changes in relevant tax and other laws; (vi) the failure to realize expected benefits and effectively manage and achieve anticipated synergies and operational efficiencies in connection with the spin-off transaction and completed and future, if any, divestitures, mergers, acquisitions, and other portfolio management, productivity and infrastructure actions; (vii) indebtedness incurred in the financing transactions undertaken in connection with the spin-off and risks associated with additional indebtedness; and (viii) the risk that incremental costs of operating on a standalone basis (including the loss of synergies), costs of restructuring transactions and other costs incurred in connection with the spin-off transaction will exceed Honeywell Aerospace’s estimates.  These forward-looking statements should be considered in light of the information included in this release, our final information statement, dated June 15, 2026, and other filings with the SEC.  Any forward-looking plans described herein are not final and may be modified or abandoned at any time. 

Contacts:

Media

Investor Relations

Brian Grace

Sean Meakim

(602) 897-0205

(623) 223-5980

Brian.Grace@honeywellaerospace.us

Sean.Meakim@honeywellaerospace.us

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SOURCE Honeywell Aerospace Inc.

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SYRTIS SOLUTIONS AUTOMATED ALGORITHMIC ANALYSIS AND INSURANCE DISCOVERY ENGINE HAS BECOME ESSENTIAL TO MODERN MEDICAID

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ATLANTA, June 29, 2026 /PRNewswire/ — Automated insurance discovery and algorithmic analysis are becoming cornerstones of modern Medicaid operations. By identifying liable third-party coverage at the point of claim adjudication, these technologies reduce improper payments, strengthen payment accuracy, and improve coordination of benefits.

This priority is now reflected in state policy. On June 10, 2026, Ohio passed Senate Bill 315, which requires the Ohio Department of Medicaid to use automated algorithmic analysis and insurance discovery engines before making any Medicaid payment. The measure reflects a broader regulatory shift toward prevention over post-payment recovery.

Under the One Big Beautiful Bill Act (HR1), states must maintain improper payment rates below 3% by federal fiscal year 2030, measured through PERM audits that flag claims where Medicaid was billed as primary despite active third-party coverage. Critically, PERM audits measure compliance at the point of adjudication: once a claim is paid improperly, recovery cannot reverse the improper payment designation. Only point-of-claim insurance discovery prevents both the improper payment and the HR1 compliance risk simultaneously. Traditional post-payment recovery addresses cost but not compliance.

Long before this legislative requirement, Syrtis Solutions was delivering these capabilities to Medicaid managed care organizations nationwide. ProTPL, Syrtis’ proprietary platform, continuously analyzes claim-level eligibility and coverage data to identify active commercial insurance, Medicare, and other liable third-party coverage at the point of adjudication, surfacing coverage that traditional monthly or quarterly eligibility files miss entirely.

This point-of-claim approach improves coordination of benefits, supports cost avoidance initiatives, and directly addresses PERM audit compliance. As Medicaid programs face HR1 improper payment standards and deadline pressure, real-time insurance discovery has become essential to compliance strategy.

About Syrtis Solutions: Syrtis Solutions provides insurance discovery, coordination of benefits, and payment integrity solutions for Medicaid agencies and Medicaid managed care organizations. Through ProTPL, Syrtis helps clients identify previously unknown commercial coverage, optimize third-party liability routing, and support PERM compliance while helping clients meet Medicaid’s payer-of-last-resort requirements.

For more information, contact:
Steve Konsin, Jr.
866-960-9358
info@syrtissolutions.com
www.syrtissolutions.com

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SOURCE Syrtis Solutions

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$32.92 Billion GEO Market by 2036, 40% CAGR Growth: Market Decipher Report Reveals How AI Search Is Redrawing the Rules of Brand Visibility Worldwide

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PUNE, India, June 29, 2026 /PRNewswire/ — Market Decipher today published its flagship intelligence report, Generative Engine Optimization (GEO) Market Analysis & Forecast 2026–2036, revealing that the race to secure brand visibility inside AI-generated answers has reached a commercial inflection point — and the majority of executive teams are still managing the crisis with a 2019-era playbook.

The global GEO market, valued at $1.09 billion in 2026, is on course to reach approximately $32.92 billion by 2036, expanding at a CAGR of 40.6% — making it one of the fastest-expanding categories in enterprise software. The catalyst is structural, not cyclical. ChatGPT has surpassed 900 million weekly active users worldwide by early 2026, while 60% of searches now terminate without a click, erasing referral traffic from brands that have not restructured their content for AI citation.

Get Free Sample: https://www.marketdecipher.com/report/generative-engine-optimization-market

“When AI-referred visitors convert 31% higher and drive $262 billion in a single holiday season, GEO stops being a marketing budget line and starts being a P&L imperative. We are witnessing the fastest shift in commercial brand discovery since the invention of the search engine — and the companies writing GEO into their 2026 strategy are already three moves ahead.”- Kunal Singh (Senior Analyst at Market Decipher)

The commercial stakes are immediate. AI-driven traffic to U.S. retail websites grew 693% year-over-year during the 2025 holiday season, per Adobe Analytics tracking over one trillion visits — and AI-referred shoppers convert 31% higher with 27% lower bounce rates than conventional organic visitors. Generative AI and AI agents drove an estimated $262 billion in global retail revenue during the 2025 holiday period, roughly 20% of total sales, according to Salesforce. For CEOs still measuring digital ROI through click-through rates, the reporting framework is now structurally misaligned with where revenue is actually forming.

The United States: First-Mover Advantage — or First-Mover Capture

North America commands 42.5% of global GEO revenue, with U.S. enterprises in tech, financial services, retail, and healthcare the earliest and most aggressive adopters of GEO platforms. 67% of Fortune 500 CMOs identified GEO as a top-three digital priority for fiscal year 2026 — up from just 18% in 2024. Enterprise GEO contract values averaged $185,000 annually in 2025, up from $72,000 in 2023, reflecting the elevation of AI citation strategy from a marketing experiment to a boardroom capital allocation decision. 26% of brands currently have zero mentions inside AI Overviews. In markets as competitive as U.S. financial services and B2B SaaS, that is an existential go-to-market gap.

UAE, UK, India, Japan: The Demand Corridors Expanding Fastest

The UAE and Saudi Arabia are among the most active adopters of GEO services in the Middle East, driven by multilingual content requirements and government-backed AI infrastructure investment. In the United Kingdom, GEO is fundamentally transforming how SaaS, fintech, and cybersecurity firms are discovered by B2B buyers across the UK and EU, with AI platforms already displacing paid search as the primary evaluation channel for high-ticket enterprise procurement. India’s scale — the world’s second-largest internet economy — positions it as a critical demand corridor as 1.8 billion users globally now engage with generative AI tools and localized AI interface adoption accelerates. Japan’s structurally high enterprise AI investment, combined with Asia-Pacific’s designation as the fastest-growing regional GEO market, signals that Tokyo-headquartered multinationals face citation-share competition pressure from both domestic and global rivals simultaneously.

The B2B Buying Process Has Already Shifted

One in four B2B buyers now uses generative AI more than traditional search when researching suppliers. 89% of B2B buyers consider AI search a top source throughout the buying process. By 2027, 30% of all commercial search queries are projected to be handled exclusively by generative AI engines without any traditional search results page being rendered. The pipeline implications for enterprise sales organizations are material and compounding.

Market Decipher’s report delivers quantified segment-level revenue forecasts, country-by-country demand analysis across the USA, UAE, Japan, India, and UK, competitive positioning maps, enterprise contract benchmarks, and a structured ROI framework for GEO investment planning.

Access the full report at: https://www.marketdecipher.com/report/generative-engine-optimization-market

Get Samples on Latest GEO AI reports by Market Decipher

United States Generative Engine Optimization (GEO) MarketU.A.E. Generative Engine Optimization (GEO) MarketJapan Generative Engine Optimization (GEO) MarketU.K. Generative Engine Optimization (GEO) MarketIndia Stainless Steel Sheets Market

About Market Decipher

Market Decipher is the research and advisory arm of Decipher Market Insights Pvt. Ltd., delivering syndicated and custom intelligence to organisations across the enterprise spectrum — from high-growth challengers to global incumbents. Our methodology integrates primary stakeholder interviews, proprietary demand modelling, and competitive benchmarking to produce decision-grade insights that translate directly into boardroom strategy.

www.marketdecipher.com  |  linkedin.com/company/market-decipher

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David Correa  |  Market Decipher
Email: david@marketdecipher.com
Address: Decipher Market Insights Pvt. Ltd., Wakad, Mumbai-Bangalore Highway, Pune – 411057, Maharashtra, India
Website: www.marketdecipher.com

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Cherokee Federal Achieves Summit-Level Salesforce Partner Status, Expanding Secure Federal Modernization Capabilities

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Designation highlights Cherokee Federal’s growing role in helping federal agencies modernize operations through secure, low-code Salesforce solutions

TULSA, Okla., June 29, 2026 /PRNewswire/ — Cherokee Federal, the federal contracting division of Cherokee Nation Businesses, earned Summit-level recognition within the Salesforce Consulting Partner Program, reinforcing the company’s growing role in delivering secure, scalable Salesforce solutions for federal, defense and civilian agencies operating in complex, highly regulated environments.

This designation follows Cherokee Federal’s 2025 acquisition of HESFP, LLC, a move that expanded the company’s Salesforce capabilities and strengthened its ability to support federal digital modernization initiatives through secure low-code and platform strategy, architecture and enterprise modernization solutions.

Salesforce partners are evaluated based on verified customer outcomes, technical certifications and successful project delivery. Cherokee Federal’s team of companies have demonstrated continued strength across those areas, maintaining an average customer satisfaction rating of 4.8 out of 5 across Salesforce implementations supporting public sector customers.

“Our customers require technology solutions that align with mission realities, security requirements and long-term operational goals,” said Clint Bickett, President of Cherokee Federal. “This recognition reflects the strength of our Salesforce teams and our continued investment in helping federal agencies modernize operations through secure, scalable platform solutions.”

Cherokee Federal’s Salesforce workforce includes certified professionals supporting Government Cloud, low-code application modernization, workflow automation, case management and secure enterprise platform delivery. The company’s experience spans highly regulated federal environments requiring scalable implementation strategies, compliance alignment and long-term sustainment support.

By combining deep Salesforce expertise with disciplined federal delivery practices, Cherokee Federal helps agencies modernize legacy systems, improve operational efficiency and accelerate digital transformation initiatives while maintaining security and mission continuity.

For more information about Cherokee Federal, visit cherokee-federal.com.

About Cherokee Federal
Cherokee Federal is the federal contracting division of Cherokee Nation Businesses — the economic engine of Cherokee Nation, the largest Native American tribe in the U.S. The mission of Cherokee Federal is to build a talented team that provides innovative solutions that solve America’s greatest challenges and serves the Cherokee Nation with compassion and heart. For more information, please visit cherokee-federal.com or follow Cherokee Federal on LinkedIn, Facebook, X and YouTube.

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SOURCE Cherokee Federal

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