Honeywell International Inc. is an American
publicly traded
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) co ...
,
multinational conglomerate corporation headquartered in
Charlotte, North Carolina
Charlotte ( ) is the List of municipalities in North Carolina, most populous city in the U.S. state of North Carolina and the county seat of Mecklenburg County, North Carolina, Mecklenburg County. The population was 874,579 at the 2020 United ...
. It primarily operates in four areas of business:
aerospace
Aerospace is a term used to collectively refer to the atmosphere and outer space. Aerospace activity is very diverse, with a multitude of commercial, industrial, and military applications. Aerospace engineering consists of aeronautics and astron ...
, building automation, industrial automation, and energy and sustainability solutions (ESS). Honeywell also owns and operates
Sandia National Laboratories
Sandia National Laboratories (SNL), also known as Sandia, is one of three research and development laboratories of the United States Department of Energy's National Nuclear Security Administration (NNSA). Headquartered in Kirtland Air Force B ...
under contract with the
U.S. Department of Energy
The United States Department of Energy (DOE) is an executive department of the U.S. federal government that oversees U.S. national energy policy and energy production, the research and development of nuclear power, the military's nuclear we ...
. Honeywell is a
Fortune 500
The ''Fortune'' 500 is an annual list compiled and published by ''Fortune (magazine), Fortune'' magazine that ranks 500 of the largest United States Joint-stock company#Closely held corporations and publicly traded corporations, corporations by ...
company, ranked 115th in 2023. In 2024, the corporation had a global workforce of approximately 102,000 employees.
As of 2023, the current
chairman
The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the gro ...
and
chief executive officer
A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization.
CEOs find roles in variou ...
is
Vimal Kapur
Vimal Kapur (born 1965) is an Indian-American business executive and CEO of the American multinational conglomerate Honeywell
Honeywell International Inc. is an American publicly traded, multinational conglomerate corporation headquartered ...
.
The corporation's name, Honeywell International Inc., is a product of the merger of Honeywell Inc. and
AlliedSignal
AlliedSignal, Inc. was an American aerospace, automotive and engineering company, created through the 1985 merger of Allied Corp. and The Signal Companies. It purchased Honeywell for $14.8 billion in 1999, and adopted the Honeywell name and iden ...
in 1999. The corporation headquarters were consolidated with AlliedSignal's headquarters in Morristown, New Jersey. The combined company chose the name "Honeywell" because of the considerable brand recognition.
Honeywell was a component of the
Dow Jones Industrial Average
The Dow Jones Industrial Average (DJIA), Dow Jones, or simply the Dow (), is a stock market index of 30 prominent companies listed on stock exchanges in the United States.
The DJIA is one of the oldest and most commonly followed equity indice ...
index from 1999 to 2008. Prior to 1999, its corporate predecessors were included dating back to 1925, including early entrants in the computing and thermostat industries.
In 2020, Honeywell rejoined the Dow Jones Industrial Average index. In 2021, it moved its stock listing from the
New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ...
to the
Nasdaq
The Nasdaq Stock Market (; National Association of Securities Dealers Automated Quotations) is an American stock exchange based in New York City. It is the most active stock trading venue in the U.S. by volume, and ranked second on the list ...
.
In 2025, Honeywell announced it would split into three companies: Honeywell Automation,
Honeywell Aerospace
Honeywell Aerospace Technologies is a manufacturer of aircraft engines and avionics, as well as a producer of auxiliary power units (APUs) and other aviation products. Headquartered in Phoenix, Arizona, it is a division of the Honeywell Intern ...
, and Honeywell Advanced Materials.
History
The Butz Thermo-Electric Regulator Company was founded in 1885 when the Swiss-born
Albert Butz invented the ''damper-flapper'', a
thermostat
A thermostat is a regulating device component which senses the temperature of a physical system and performs actions so that the system's temperature is maintained near a desired setpoint.
Thermostats are used in any device or system tha ...
used to control coal furnaces, bringing automated heating system regulation into homes.
In 1886, he founded the Butz Thermo-Electric Regulator Company. In 1888, after a falling out with his investors, Butz left the company and transferred the patents to the legal firm Paul, Sanford, and Merwin, who renamed the company the Consolidated Temperature Controlling Company.
As the years passed, CTCC struggled with debt, and the company underwent several name changes. After it was renamed the Electric Heat Regulator Company in 1893,
W.R. Sweatt, a stockholder in the company, was sold "an extensive list of patents" and named secretary-treasurer. By 1900, Sweatt had bought out the remaining shares of the company from the other stockholders.
1906 Honeywell Heating Specialty Company founded
In 1906,
Mark Honeywell founded the Honeywell Heating Specialty Company in
Wabash,
Indiana
Indiana ( ) is a U.S. state, state in the Midwestern United States, Midwestern region of the United States. It borders Lake Michigan to the northwest, Michigan to the north and northeast, Ohio to the east, the Ohio River and Kentucky to the s ...
, to manufacture and market his invention, the mercury seal generator.
1922–1934 Mergers and acquisitions
As Honeywell's company grew, thanks in part to the acquisition of Jewell Manufacturing Company in 1922 to better automate his heating system, it began to clash with the Electric Heat Regulator Company now-renamed Minneapolis Heat Regulator Company. In 1927, this led to the merging of both companies into the publicly-held Minneapolis-Honeywell Regulator Company. Honeywell was named the company's first president, alongside W.R. Sweatt as its first chairman.
In 1929, combined assets were valued at over $3.5 million, with less than $1 million in liabilities just months before
Black Monday. In 1931, Minneapolis-Honeywell began a period of expansion and acquisition when they purchased the Time-O-Stat Controls Company, giving the company access to a greater number of patents for their controls systems.
W.R. Sweatt and his son Harold provided 75 years of uninterrupted leadership for the company. W.R. Sweatt survived rough spots and turned an innovative idea – thermostatic heating control – into a thriving business.
1934–1941 International growth
Harold took over in 1934, leading Honeywell through a period of growth and global expansion that set the stage for Honeywell to become a global technology leader. The merger into the Minneapolis-Honeywell Regulator Company proved to be a saving grace for the corporation.
1934 marked Minneapolis-Honeywell's first foray into the international market, when they acquired the Brown Instrument Company and inherited their relationship with the Yamatake Company of Tokyo, a Japan-based distributor. Later in 1934, Minneapolis-Honeywell started distributorships across Canada, as well as one in the Netherlands, their first European office. This expansion into international markets continued in 1936, with their first distributorship in London, as well as their first foreign assembly facility being established in Canada. By 1937, ten years after the merger, Minneapolis-Honeywell had over 3,000 employees, with $16 million in annual revenue.
World War II
With the outbreak of
World War II
World War II or the Second World War (1 September 1939 – 2 September 1945) was a World war, global conflict between two coalitions: the Allies of World War II, Allies and the Axis powers. World War II by country, Nearly all of the wo ...
, Minneapolis-Honeywell was approached by the US military for engineering and manufacturing projects. In 1941, Minneapolis-Honeywell developed a superior tank periscope, camera stabilizers, and the C-1 autopilot.

The C-1 revolutionized precision bombing and was ultimately used on the two
B-29
The Boeing B-29 Superfortress is a retired American four-engined Propeller (aeronautics), propeller-driven heavy bomber, designed by Boeing and flown primarily by the United States during World War II and the Korean War. Named in allusion to ...
bombers that dropped atomic bombs on Japan in 1945. The success of these projects led Minneapolis-Honeywell to open an Aero division in Chicago on October 5, 1942. This division was responsible for the development of the formation stick to control autopilots, more accurate fuel quantity indicators for aircraft, and the turbo supercharger.
In 1950, Minneapolis-Honeywell's Aero division was contracted for the controls on the first US nuclear submarine,
USS Nautilus. In 1951, the company acquired Intervox Company for their sonar, ultrasonic, and telemetry technologies. Honeywell also helped develop and manufacture the
RUR-5 ASROC
The RUR-5 ASROC (for "Anti-Submarine Rocket") is an all-weather, all sea-conditions anti-submarine missile system. Developed by the United States Navy
The United States Navy (USN) is the naval warfare, maritime military branch, ser ...
for the US Navy.
1950–1970s
In 1953, in cooperation with the USAF Wright-Air Development Center, Honeywell developed an automated control unit, that could control an aircraft through various stages of a flight, from
taxiing
Taxiing (rarely spelled taxying) is the movement of an aircraft on the ground, under its own power, in contrast to towing or pushback (aviation), pushback where the aircraft is moved by a tug. The aircraft usually moves on wheels, but the term ...
to
takeoff
Takeoff is the phase of flight in which an aerospace vehicle leaves the ground and becomes airborne. For aircraft traveling vertically, this is known as liftoff.
For aircraft that take off horizontally, this usually involves starting with a tr ...
to the point where the aircraft neared its destination and the pilot took over for
landing
Landing is the last part of a flight, where a flying animal, aircraft, or spacecraft returns to the ground. When the flying object returns to water, the process is called alighting, although it is commonly called "landing", "touchdown" or " spl ...
. Called the Automatic Master Sequence Selector, the onboard control operated similarly to a
player piano
A player piano is a self-playing piano with a pneumatic or electromechanical mechanism that operates the piano action using perforated paper or metallic rolls. Modern versions use MIDI. The player piano gained popularity as mass-produced home ...
to relay instructions to the aircraft's
autopilot
An autopilot is a system used to control the path of a vehicle without requiring constant manual control by a human operator. Autopilots do not replace human operators. Instead, the autopilot assists the operator's control of the vehicle, allow ...
at certain way points during the flight, significantly reducing the pilot's workload. Technologically, this effort had parallels to contemporary efforts in
missile guidance
Missile guidance refers to a variety of methods of guiding a missile or a guided bomb to its intended target. The missile's target accuracy is a critical factor for its effectiveness. Guidance systems improve missile accuracy by improving its P ...
and
numerical control
Computer numerical control (CNC) or CNC machining is the automated control of machine tools by a computer. It is an evolution of numerical control (NC), where machine tools are directly managed by data storage media such as punched cards or ...
. Honeywell also developed the
Wagtail missile with the USAF.

From the 1950s until the mid-1970s, Honeywell was the United States' importer of Japanese company Asahi Optical's
Pentax
was a Japanese camera and optical equipment manufacturer. Currently, it exists as the Pentax Life Care Business Division of Hoya's medical endoscope business, as well as the digital camera brand of Ricoh Imaging, a subsidiary of Ricoh.
Penta ...
cameras and photographic equipment. These products were labeled "Heiland Pentax" and "Honeywell Pentax" in the U.S. In 1953, Honeywell introduced their most famous product, the T-86 Round thermostat.

In 1961, James H. Binger became Honeywell's president and in 1965 its chairman. Binger revamped the company sales approach, placing emphasis on profits rather than on volume. He stepped up the company's international expansion – it had six plants producing 12% of the company's revenue. He officially changed the company's corporate name from "Minneapolis-Honeywell Regulator Co." to "Honeywell", to better represent their colloquial name. Throughout the 1960s, Honeywell continued to acquire other businesses, including Security Burglar Alarm Company in 1969.
In the 1970s, after one member of a group called FREE
[Bruce Johasen, "Out of Silence", ''Minnesota History'' (Spring 2019), 189:
* "Halfhill steered the group through the administrative channels needed to establish FREE as a student group".] on the
Minneapolis campus (U of M) of the University of Minnesota asked five major companies with local offices to explain their attitudes toward gay men and women, three responded quickly, insisting that they did not discriminate against gay people in their hiring policies. Only Honeywell objected to hiring gay people.
[Sources: Michael McConnell Files, "Full Equality, a diary" (volumes 1a - d), Tretter Collection in GLBT Studies, ''U of M Libraries''.
* Letter to FREE from Vice President Gerry E. Morse, ''Honeywell Inc.'' (29 June 1970):
** "We would not employ a known homosexual."] Later in the 1970s, when faced with a denial of access to students, Honeywell "quietly
eversedits hiring policy".
The beginning of the 1970s saw Honeywell focus on process controls, with Honeywell merging their computer operations with GE's information systems in 1970, and later acquiring GE's process control business. With the acquisition, Honeywell took over responsibility for GE's ongoing
Multics
Multics ("MULTiplexed Information and Computing Service") is an influential early time-sharing operating system based on the concept of a single-level memory.Dennis M. Ritchie, "The Evolution of the Unix Time-sharing System", Communications of t ...
operating system project. The design and features of Multics greatly influenced the
Unix
Unix (, ; trademarked as UNIX) is a family of multitasking, multi-user computer operating systems that derive from the original AT&T Unix, whose development started in 1969 at the Bell Labs research center by Ken Thompson, Dennis Ritchie, a ...
operating system. Multics influenced many of the features of Honeywell/GE's GECOS and GCOS8
General Comprehensive Operating System
General Comprehensive Operating System (GCOS, ; originally GECOS, General Electric Comprehensive Operating Supervisor) is a family of operating systems oriented toward the 36-bit GE-600 series and Honeywell 6000 series mainframe computers.
The ...
operating systems. Honeywell,
Groupe Bull
Bull SAS (also known as Groupe Bull, Bull Information Systems, or simply Bull) is a French computer company headquartered in Les Clayes-sous-Bois, in the western suburbs of Paris. The company has also been known at various times as Bull General ...
, and
Control Data Corporation
Control Data Corporation (CDC) was a mainframe and supercomputer company that in the 1960s was one of the nine major U.S. computer companies, which group included IBM, the Burroughs Corporation, and the Digital Equipment Corporation (DEC), the N ...
formed a joint venture in ''Magnetic Peripherals Inc''. which became a major player in the hard disk drive market.
Honeywell was the worldwide leader in 14-inch disk drive technology in the OEM marketplace in the 1970s and early 1980s, especially with its SMD (Storage Module Drive) and CMD (Cartridge Module Drive). In the second half of the 1970s, Honeywell started to look to international markets again, acquiring the French Compagnie Internationale pour l’Informatique in 1976. In 1984, Honeywell formed Honeywell High Tech Trading to lease their foreign marketing and distribution to other companies abroad, in order to establish a better position in those markets. Under Binger's stewardship from 1961 to 1978 he expanded the company into such fields as defense, aerospace, and computing.
During and after the
Vietnam Era, Honeywell's defense division produced a number of products, including
cluster bombs,
missile guidance
Missile guidance refers to a variety of methods of guiding a missile or a guided bomb to its intended target. The missile's target accuracy is a critical factor for its effectiveness. Guidance systems improve missile accuracy by improving its P ...
systems,
napalm
Napalm is an incendiary mixture of a gelling agent and a volatile petrochemical (usually gasoline or diesel fuel). The name is a portmanteau of two of the constituents of the original thickening and gelling agents: coprecipitated aluminium ...
, and
land mines. Minnesota-Honeywell Corporation completed flight tests on an inertia guidance sub-system for the
X-20 project at
Eglin Air Force Base
Eglin Air Force Base is a United States Air Force (USAF) base in the western Florida panhandle, located about southwest of Valparaiso, Florida, Valparaiso in Okaloosa County, Florida, Okaloosa County.
The host unit at Eglin is the 96th Test ...
, Florida, utilizing an
NF-101B Voodoo by August 1963. The X-20 project was canceled in December 1963. The
Honeywell project, founded in 1968, organized protests against the company to persuade it to abandon weapons production
In 1980, Honeywell bought Incoterm Corporation to compete in both the
airline reservations system networks and bank teller markets.
Honeywell Information Systems

In April 1955, Minneapolis-Honeywell started a joint venture with
Raytheon
Raytheon is a business unit of RTX Corporation and is a major U.S. defense contractor and industrial corporation with manufacturing concentrations in weapons and military and commercial electronics. Founded in 1922, it merged in 2020 with Unite ...
called Datamatic to enter the computer market and compete with
IBM
International Business Machines Corporation (using the trademark IBM), nicknamed Big Blue, is an American Multinational corporation, multinational technology company headquartered in Armonk, New York, and present in over 175 countries. It is ...
. In 1957, their first computer, the
DATAmatic 1000, was sold and installed. In 1960, just five years after embarking on this venture with Raytheon, Minneapolis-Honeywell bought Raytheon's interest in Datamatic and turned it into the Electronic Data Processing division, later Honeywell Information Systems (HIS) of Minneapolis-Honeywell.
Honeywell purchased minicomputer pioneer
Computer Control Corporation (3C's) in 1966, renaming it as Honeywell's Computer Control Division. Through most of the 1960s, Honeywell was one of the "
Snow White and the Seven Dwarfs
"Snow White" is a German fairy tale, first written down in the early 19th century. The Brothers Grimm published it in 1812 in the first edition of their collection ''Grimms' Fairy Tales'', numbered as Tale 53. The original title was ''Sneewittch ...
" of computing. IBM was "Snow White", while the dwarfs were the seven significantly smaller computer companies:
Burroughs,
Control Data Corporation
Control Data Corporation (CDC) was a mainframe and supercomputer company that in the 1960s was one of the nine major U.S. computer companies, which group included IBM, the Burroughs Corporation, and the Digital Equipment Corporation (DEC), the N ...
,
General Electric
General Electric Company (GE) was an American Multinational corporation, multinational Conglomerate (company), conglomerate founded in 1892, incorporated in the New York (state), state of New York and headquartered in Boston.
Over the year ...
, Honeywell,
NCR,
RCA
RCA Corporation was a major American electronics company, which was founded in 1919 as the Radio Corporation of America. It was initially a patent pool, patent trust owned by General Electric (GE), Westinghouse Electric Corporation, Westinghou ...
, and
UNIVAC
UNIVAC (Universal Automatic Computer) was a line of electronic digital stored-program computers starting with the products of the Eckert–Mauchly Computer Corporation. Later the name was applied to a division of the Remington Rand company and ...
. Later, when their number had been reduced to five,
they were known as "The
BUNCH
The BUNCH was the nickname for the group of mainframe computer competitors of IBM in the 1970s. The name is derived from the names of the five companies: Burroughs, UNIVAC, NCR, Control Data Corporation (CDC), and Honeywell. These companies were ...
", after their initials: Burroughs, UNIVAC, NCR, Control Data Corporation, and Honeywell.
In 1970, Honeywell acquired GE's computer business, rebadging
General Electric
General Electric Company (GE) was an American Multinational corporation, multinational Conglomerate (company), conglomerate founded in 1892, incorporated in the New York (state), state of New York and headquartered in Boston.
Over the year ...
's
600-series mainframes to
Honeywell 6000 series
The Honeywell 6000 series computers were a further development (using integrated circuits) of General Electric's 600-series mainframes manufactured by Honeywell International, Inc. from 1970 to 1989. Honeywell acquired the line when it purchas ...
computers, supporting
GCOS,
Multics
Multics ("MULTiplexed Information and Computing Service") is an influential early time-sharing operating system based on the concept of a single-level memory.Dennis M. Ritchie, "The Evolution of the Unix Time-sharing System", Communications of t ...
, and
CP-6, while forming ''Honeywell Information Systems''.
[*https://www.starringthecomputer.com/computer.html?c=227
*https://www.bitsavers.org/pdf/honeywell/datapro/70C-480-11_7209_Honeywell_Series_6000.pdf
*https://www.feb-patrimoine.com/english/gecos_to_gcos8_part_2.htm
*https://ana-3.lcs.mit.edu/~jnc/tech/multics/MulticsPanels.html
*https://testbook.com/question-answer/which-of-the-following-is-a-3rd-generation-compute--633ad796c2427a3984045078
*https://www.timetoast.com/timelines/3-generation-1964-1971] In 1973, they shipped a high speed non-impact printer called the
Honeywell Page Printing System.
From 1974 to 1987, under the leadership of CEO
Edson W. Spencer, the company began a shift away from computers and focused instead on
aeronautics
Aeronautics is the science or art involved with the study, design process, design, and manufacturing of air flight-capable machines, and the techniques of operating aircraft and rockets within the atmosphere.
While the term originally referred ...
and
industrial technology
Industrial technology is the use of engineering and manufacturing technology to make production faster, simpler, and more efficient. The industrial technology field employs creative and technically proficient individuals who can help a company ac ...
.
[https://www.nj.com/business/2012/04/edson_spencer_former_ceo_of_mo.html]
In 1975, it purchased
Xerox Data Systems, whose
Sigma computers had a small but loyal customer base. Some of Honeywell's systems were
minicomputer
A minicomputer, or colloquially mini, is a type of general-purpose computer mostly developed from the mid-1960s, built significantly smaller and sold at a much lower price than mainframe computers . By 21st century-standards however, a mini is ...
s, such as their Series 60 Model 6 and Model 62 and their
Honeywell 200. The latter was an attempt to penetrate the
IBM 1401
The IBM 1401 is a variable word length computer, variable-wordlength decimal computer that was announced by IBM on October 5, 1959. The first member of the highly successful IBM 1400 series, it was aimed at replacing unit record equipment for pr ...
market. In 1987, HIS merged with
Groupe Bull
Bull SAS (also known as Groupe Bull, Bull Information Systems, or simply Bull) is a French computer company headquartered in Les Clayes-sous-Bois, in the western suburbs of Paris. The company has also been known at various times as Bull General ...
, a global joint venture with Compagnie des Machines Bull of France and NEC Corporation of Japan to become Honeywell Bull. In 1988 Honeywell Bull was consolidated into ''Groupe Bull'' and in 1989 renamed to ''Bull, a Worldwide Information Systems Company.'' By 1991, Honeywell was no longer involved in the computer business.
1985–1999 integrations
Aerospace and defense
1986 marked a new direction for Honeywell, beginning with the acquisition of the Sperry Aerospace Group from the
Unisys Corporation. In 1990, Honeywell spun off their Defense and Marine Systems business into
Alliant Techsystems
Alliant Techsystems Inc. (ATK) was an American Aerospace manufacturer, aerospace and arms industry, arms manufacturer headquartered in Arlington County, Virginia. The company operated across 22 states, Puerto Rico, and internationally. ATK reven ...
, as well as their Test Instruments division and Signal Analysis Center to streamline the company's focus. Honeywell continues to supply aerospace products including electronic guidance systems, cockpit instrumentation, lighting, and primary propulsion and secondary power turbine engines. In 1996, Honeywell acquired
Duracraft and began marketing its products in the home comfort sector.
Honeywell is in the consortium that runs the
Pantex Plant that assembles all of the
nuclear bomb
A nuclear weapon is an explosive device that derives its destructive force from nuclear reactions, either fission (fission or atomic bomb) or a combination of fission and fusion reactions (thermonuclear weapon), producing a nuclear exp ...
s in the United States arsenal. Honeywell Federal Manufacturing & Technologies, successor to the defense products of AlliedSignal, operates the
Kansas City Plant which produces and assembles 85 percent of the non-nuclear components of the bombs.
Home and building controls
Honeywell began the SmartHouse project, to combine heating, cooling, security, lighting, and appliances into one easily controlled system. They continued the trend in 1987 by releasing new security systems, and fire and radon detectors. In 1992, in another streamlining effort, Honeywell combined their Residential Controls, Commercial Systems, and Protections Services divisions into Home and Building Control, which then acquired the Enviracare air cleaner business. By 1995, Honeywell had condensed into three divisions: Space and Aviation Control, Home and Building Control, and Industrial Control.
Industrial control
Honeywell dissolved its partnership with Yamatake Company and consolidated its Process Control Products Division, Process Management System Division, and Micro Switch Division into one Industrial Control Group in 1998. It has further acquired Measurex System and
Leeds & Northrup to strengthen its portfolio in 1997.
1999–2002 merger, takeovers
AlliedSignal and Pittway
On June 7, 1999, Honeywell was acquired by
AlliedSignal
AlliedSignal, Inc. was an American aerospace, automotive and engineering company, created through the 1985 merger of Allied Corp. and The Signal Companies. It purchased Honeywell for $14.8 billion in 1999, and adopted the Honeywell name and iden ...
, who elected to retain the Honeywell name for its brand recognition.
The former Honeywell moved their headquarters of 114 years to AlliedSignal's in
Morristown,
New Jersey
New Jersey is a U.S. state, state located in both the Mid-Atlantic States, Mid-Atlantic and Northeastern United States, Northeastern regions of the United States. Located at the geographic hub of the urban area, heavily urbanized Northeas ...
. While "technically, the deal looks more like an acquisition than a merger...from a strategic standpoint, it is a merger of equals."
AlliedSignal's 1998 revenue was reported at $15.1 billion to Honeywell's $8.4 billion, but together the companies share huge business interests in aerospace, chemical products, automotive parts, and building controls.
The corporate headquarters were consolidated to AlliedSignal's headquarters in Morristown, New Jersey, rather than Honeywell's former headquarters in
Minneapolis
Minneapolis is a city in Hennepin County, Minnesota, United States, and its county seat. With a population of 429,954 as of the 2020 United States census, 2020 census, it is the state's List of cities in Minnesota, most populous city. Locat ...
,
Minnesota
Minnesota ( ) is a U.S. state, state in the Upper Midwestern region of the United States. It is bordered by the Canadian provinces of Manitoba and Ontario to the north and east and by the U.S. states of Wisconsin to the east, Iowa to the so ...
. When Honeywell closed its corporate headquarters in Minneapolis, over one thousand employees lost their jobs. A few moved to Morristown or other company locations, but the majority were forced to find new jobs or retire. Soon after the merger, the company's stock fell significantly, and did not return to its pre-merger level until 2007.
In 2000, the new Honeywell acquired Pittway for $2.2 billion to gain a greater share of the fire-protection and security systems market, and merged it into their Home and Building Control division,
taking on Pittway's $167 million in debt. Analyst David Jarrett commented that "while Honeywell offered a hefty premium, it's still getting Pittway for a bargain" at $45.50 per share, despite closing at $29 the week before. Pittway's Ademco products complemented Honeywell's existing unified controls systems.
General Electric Company
In October 2000, Honeywell, then valued at over $21 billion, accepted a takeover bid from then-CEO
Jack Welch
John Francis Welch Jr. (November 19, 1935 – March 1, 2020) was an American business executive, chemical engineer, and writer. He was Chairman and CEO of General Electric (GE) between 1981 and 2001.
His long career at General Electric ( ...
of
General Electric
General Electric Company (GE) was an American Multinational corporation, multinational Conglomerate (company), conglomerate founded in 1892, incorporated in the New York (state), state of New York and headquartered in Boston.
Over the year ...
. The American Department of Justice cleared the merger, while "GE teams swooped down on Honeywell" and "GE executives took over budget planning and employee reviews." However, on July 3, 2001, the
European Commission
The European Commission (EC) is the primary Executive (government), executive arm of the European Union (EU). It operates as a cabinet government, with a number of European Commissioner, members of the Commission (directorial system, informall ...
's competition commissioner,
Mario Monti
Mario Monti (; born 19 March 1943) is an Italian politician, economist and academic who served as the Prime Minister of Italy from 2011 to 2013, leading a Technocratic government (Italy), technocratic government in the wake of the European sov ...
, blocked the move. This decision was taken on the grounds that with GE's dominance of the large jet engine market, led by the
General Electric CF34
The General Electric CF34 is a civilian high-bypass turbofan developed by GE Aviation from its TF34 military engine. The CF34 is used on a number of business and regional jets, including the Bombardier CRJ series, the Embraer E-Jets, and ...
turbofan
A turbofan or fanjet is a type of airbreathing jet engine that is widely used in aircraft engine, aircraft propulsion. The word "turbofan" is a combination of references to the preceding generation engine technology of the turbojet and the add ...
engine, its leasing services (
GECAS), and Honeywell's portfolio of regional
jet engines
A jet engine is a type of reaction engine, discharging a fast-moving jet (fluid), jet of heated gas (usually air) that generates thrust by jet propulsion. While this broad definition may include Rocket engine, rocket, Pump-jet, water jet, and ...
and
avionics
Avionics (a portmanteau of ''aviation'' and ''electronics'') are the Electronics, electronic systems used on aircraft. Avionic systems include communications, Air navigation, navigation, the display and management of multiple systems, and the ...
, the new company would be able to "bundle" products and stifle competition through the creation of a
horizontal monopoly.
[Charles James]
"International Antitrust in the Bush Administration"
, September 21, 2001
US regulators disagreed, finding that the
merger
Mergers and acquisitions (M&A) are business transactions in which the ownership of a company, business organization, or one of their operating units is transferred to or consolidated with another entity. They may happen through direct absorpt ...
would improve competition and reduce prices; United States Assistant Attorney General
Charles James called the EU's decision "antithetical to the goals of antitrust law enforcement."
This led to a drop in morale and general tumult throughout Honeywell. The then-CEO
Michael Bonsignore was fired as Honeywell looked to turn their business around.
2002–2014 acquisitions and further expansion
In January 2002,
Knorr-Bremse
Knorr-Bremse AG is a German manufacturer of braking systems for rail and commercial vehicles that has operated since 1905. Other products in the company's portfolio include intelligent door systems, control components, air conditioning system ...
—who had been operating in a joint venture with Honeywell International Inc. —assumed full ownership of its ventures in Europe, Brazil, and the USA.
Bendix Commercial Vehicle Systems became a subsidiary of
Knorr-Bremse AG.
In February 2002, Honeywell's board appointed their next CEO and chairman,
David M. Cote. Since 2002, Honeywell has made more than 80 acquisitions and 60 divestitures, and increasing its labor force to 131,000 as a result of these acquisitions. Honeywell's stock nearly tripled from $35.23 in April 2002 to $99.39 in January 2015.
Honeywell made a £1.2bn ($2.3bn) bid for
Novar plc in December 2004. The acquisition was finalized in March 2005.
In October 2005, Honeywell bought out
Dow's 50% stake in
UOP for $825 million, giving them complete control over the joint venture in petrochemical and refining technology.
In May 2010, Honeywell outbid UK-based
Cinven
Cinven Limited is a global private equity firm founded in 1977, with offices in nine international locations in Guernsey, London, New York, Paris, Frankfurt, Milan, Luxembourg, Madrid, and Hong Kong that acquires Europe and United States–bas ...
and acquired the French company Sperian Protection for $1.4 billion, which was then incorporated into its automation and controls safety unit.
2015–present
In 2015, the headquarters were moved to
Morris Plains, New Jersey
Morris Plains is a borough in Morris County, in the U.S. state of New Jersey. As of the 2020 United States census, the borough's population was 6,153, an increase of 621 (+11.2%) from the 2010 census count of 5,532, which in turn reflected a ...
. The headquarters in Morris Plains included a 475,000-square-foot building on 40 acres.
In December 2015, Honeywell acquired Elster for US$5.1B, entering the space of gas, electricity, and water meters with a specific focus on smart meters. Honeywell International Inc. then acquired the 30% stake in UOP Russell LLC it didn't own already for roughly $240 million in January 2016.
In April 2016, Honeywell acquired Xtralis, a provider of aspirating smoke detection, perimeter security technologies, and video analytics software, for $480 million, from funds advised by Pacific Equity Partners and Blum Capital Partners. In May 2016, Honeywell International Inc. settled its patent dispute regarding Google subsidiary Nest Labs, whose thermostats Honeywell claimed infringed on several of its patents. Google parent Alphabet Inc. and Honeywell said they reached a "patent cross-license" agreement that "fully resolves" the long-standing dispute. Honeywell sued Nest Labs in 2012. In 2017, Honeywell opened a new software center in Atlanta, Georgia.
David Cote stepped down as CEO on April 1, 2017, and was succeeded by
Darius Adamczyk
Darius Adamczyk (born February 8, 1966) is a Polish-American businessman. He is the chairman (and former CEO) of Honeywell, an American multinational conglomerate.
Early life and education
Adamczyk was born in Poland on February 8, 1966, and immi ...
, who had been promoted to president and
chief operating officer
A chief operating officer (COO), also called chief operations officer, is an executive in charge of the daily operations of an organization (i.e. personnel, resources, and logistics). COOs are usually second-in-command immediately after the C ...
(COO) in 2016. Cote served as executive chairman until April 2018.
In October 2017, Honeywell announced plans to spin off its Homes,
ADI Global Distribution, and Transportation Systems businesses into two separate, publicly traded companies by the end of 2018.
In 2018, Honeywell spun off both Honeywell Turbo Technologies, now
Garrett Advancing Motion, and its consumer products business, Resideo.
Both companies are publicly traded on the
New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ...
. For the fiscal year 2019, Honeywell reported net income of US$6.230 billion, with an annual revenue of US$36.709 billion, a decrease of 19.11% over the previous fiscal cycle. Honeywell's market capitalization was valued at over US$113.25 billion in September 2020.
Honeywell relocated its corporate headquarters in October 2019 to Charlotte, North Carolina. In July 2019, Honeywell moved employees into a temporary headquarters building in Charlotte before their new building was complete.
In 2020, Honeywell Forge launched as an analytics platform software for industrial and commercial applications such as aircraft, building, industrial, worker and cyber-security. In collaboration with Carnegie Mellon University National Robotics Engineering Center, the Honeywell Robotics was created in Pittsburgh to focus on supply chain transformation. The Honeywell robotic unloader grabs packages in tractor-trailers then places them on conveyor belts for handlers to sort.
In May 2019, GoDirect Trade launched as an online marketplace for surplus aircraft parts such as engines, electronics, and APU parts. In March 2020, Honeywell announced that its quantum computer is based on trapped ions. Its expected quantum volume is at least 64, which Honeywell's CEO called the world's most powerful quantum computer. In November 2021, Honeywell announced the spinoff of its quantum division into a separate company named "
Quantinuum
Quantinuum is a quantum computing company formed by the merger of Cambridge Quantum and Honeywell Quantum Solutions. The company's H-Series trapped-ion quantum computers set the highest quantum volume to date of 1,048,576 in April 2024. This ar ...
".
In March 2023, Honeywell announced
Vimal Kapur
Vimal Kapur (born 1965) is an Indian-American business executive and CEO of the American multinational conglomerate Honeywell
Honeywell International Inc. is an American publicly traded, multinational conglomerate corporation headquartered ...
as its next CEO, effective June 1, 2023. In December 2023, Honeywell acquired
Carrier Global
Carrier Global Corporation is an American multinational heating, ventilation, and air conditioning (HVAC), refrigeration, and fire and security equipment corporation based in Palm Beach Gardens, Florida. Carrier was founded in 1915 as an in ...
's security business.
In February 2024, Honeywell filed a lawsuit against Lone Star Aerospace, Inc., alleging that their software products infringe on five patents.
On October 1, 2024, Honeywell partnered with Google to integrate data with generative AI with an aim to streamline autonomous operations for its customers.
On October 8, 2024, it was announced that the company's advanced materials division would be spun-off into a new company.
On February 6, 2025, it was announced that Honeywell would be spun-off into three independent companies after
activist investor
Shareholder activism is a form of activism in which shareholders use Equity (finance), equity stakes in a corporation to put pressure on its management. A fairly small stake (less than 10% of outstanding shares) may be enough to launch a successfu ...
Elliott Investment Management who is in favor of the split took a major stake in the company. With its aerospace, automation, and previously announced advanced materials segments being split into separate companies.
On May 22, 2025, the company announced it was acquiring
Johnson Matthey's Catalyst Technologies arm for £1.8 billion.
COVID-19 pandemic
In response to the
COVID-19 pandemic
The COVID-19 pandemic (also known as the coronavirus pandemic and COVID pandemic), caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), began with an disease outbreak, outbreak of COVID-19 in Wuhan, China, in December ...
, Honeywell converted some of its manufacturing facilities in Rhode Island, Arizona, Michigan and Germany to produce supplies of
personal protective equipment
Personal protective equipment (PPE) is protective clothing, helmets, goggles, or other garments or equipment designed to protect the wearer's body from injury or infection. The hazards addressed by protective equipment include physical, elect ...
for healthcare workers. In April 2020, Honeywell began production of
N95 mask
An N95 respirator is a disposable filtering facepiece respirator or reusable elastomeric respirator filter that meets the U.S. National Institute for Occupational Safety and Health (NIOSH) N95 standard of air filtration, filtering at least 95% ...
s at the company's factories in
Smithfield and
Phoenix, aiming to produce 20 million masks a month. Honeywell's facilities in
Muskegon and Germany were converted to produce hand sanitiser for government agencies.
Several state governments contracted Honeywell to produce N95 particulate-filtering face masks during the pandemic. The North Carolina Task Force for Emergency Repurposing of Manufacturing (TFERM) awarded Honeywell a contract for the monthly delivery of 100,000 N95 masks. In April 2020,
Los Angeles Mayor Eric Garcetti
Eric Michael Garcetti (born February 4, 1971) is an American politician and diplomat who served as the List of ambassadors of the United States to India, United States ambassador to India from 2023 to 2025. He was the 42nd mayor of Los Angeles f ...
announced a deal with Honeywell to produce 24 million N95 masks to distribute to healthcare workers and first responders.
In May 2020,
United States President
The president of the United States (POTUS) is the head of state and head of government of the United States. The president directs the executive branch of the federal government and is the commander-in-chief of the United States Armed For ...
Donald Trump
Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who is the 47th president of the United States. A member of the Republican Party (United States), Republican Party, he served as the 45 ...
visited the
Honeywell Aerospace Technologies facility in
Phoenix, where he acknowledged the "incredibly patriotic and hard-working men and women of Honeywell" for making N95 masks and referred to the company's production as a "miraculous achievement".
In April 2021,
Will.i.am
William James Adams Jr. (born March 15, 1975), known professionally as will.i.am (pronounced "will I am"), is an American rapper, singer, songwriter, record producer and actor. He is the frontman of the musical group Black Eyed Peas, which he ...
and Honeywell collaborated on Xupermask, a mask made of silicon and athletic mesh fabric that has LED lights, 3-speed fans and noise-canceling headphones in the mask.
In November 2024, Honeywell announced its intention to sell its personal protective equipment business to Protective Industrial Products for almost $1.33 billion in cash. The sale of this PPE business is expected to close by the first half of 2025.
After the divestment of PPE business, the company is planning to retain its gas detection portfolio.
Business groups

The company operates four business groups – Honeywell Aerospace Technologies, Building Automation, Safety and Productivity Solutions (SPS), and Performance Materials and Technologies (PMT).
Business units within the company are as follows:
Honeywell Aerospace Technologies provides avionics, aircraft engines, flight management systems, and service solutions to manufacturers, airlines, airport operations, militaries, and space programs. It comprises Commercial Aviation, Defense & Space, and Business & General Aviation.
In January 2014, Honeywell Aerospace Technologies launched its SmartPath Precision Landing System at Malaga-Costa del Sol Airport in Spain, which augments GPS signals to make them suitable for precision approach and landing, before broadcasting the data to approaching aircraft.
In July 2014, Honeywell's Transportation Systems merged with the Aerospace division due to similarities between the businesses. In April 2018, Honeywell announced to develop laser communication products for satellite communication in collaboration with Ball Aerospace and plans future volume production. In June 2018 Honeywell spun off and rebranded its Transportation Systems as
Garrett.
Building Automation and Honeywell Safety and Productivity Solutions were created when Automation and Control Solutions was split into two in July 2016.
Building Automation comprises Honeywell Building Solutions, Environmental and Energy Solutions, and Honeywell Security and Fire. In December 2017, Honeywell announced that it had acquired SCAME, an Italy-based company, to add new
fire and gas safety capabilities to its portfolio. Honeywell Safety and Productivity Solutions comprises Scanning & Mobility, Sensing and Internet of Things, and Industrial safety.
Honeywell Performance Materials and Technologies comprises six business units: Honeywell UOP, Honeywell Process Solutions, Fluorine Products, Electronic Materials, Resins & Chemicals, and Specialty Materials. Products include process technology for oil and gas processing, fuels, films and additives, special chemicals, electronic materials, and renewable transport fuels.
Corporate governance
Honeywell's current chief executive officer is
Vimal Kapur
Vimal Kapur (born 1965) is an Indian-American business executive and CEO of the American multinational conglomerate Honeywell
Honeywell International Inc. is an American publicly traded, multinational conglomerate corporation headquartered ...
. , the members of the board are:
Acquisitions since 2002
Honeywell's acquisitions have consisted largely of businesses aligned with the company's existing technologies. The acquired companies are integrated into one of Honeywell's five business groups (Aerospace Technologies (AT), Building Automation (BA), Safety and Productivity Solutions (SPS), Energy and Sustainability Solutions (ESS), or Performance Materials and Technologies (PMT)) but retain their original brand name.
Environmental issues
The
United States Environmental Protection Agency
The Environmental Protection Agency (EPA) is an independent agency of the United States government tasked with environmental protection matters. President Richard Nixon proposed the establishment of EPA on July 9, 1970; it began operation on De ...
states that no corporation has been linked to a greater number of
Superfund
Superfund is a United States federal environmental remediation program established by the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA). The program is administered by the United States Environmental Pro ...
toxic waste sites than Honeywell. In 2007, Honeywell ranked 44th in a list of US corporations most responsible for air pollution, releasing more than 4.25 million kg (9.4 million pounds) of toxins per year into the air. In 2001, Honeywell agreed to pay $150,000 in
civil penalties
A civil penalty or civil fine is a financial penalty imposed by a government agency as restitution for wrongdoing. The wrongdoing is typically defined by a Codification (law), codification of legislation, regulations, and decrees. The civil fine ...
and to perform $772,000 worth of reparations for environmental violations involving:
* failure to prevent or repair leaks of hazardous organic pollutants into the air
* failure to repair or report refrigeration equipment containing
chlorofluorocarbons
Chlorofluorocarbons (CFCs) and hydrochlorofluorocarbons (HCFCs) are fully or partly halogenated hydrocarbons that contain carbon (C), hydrogen (H), chlorine (Cl), and fluorine (F). They are produced as volatile derivatives of methane, ethane, ...
* inadequate reporting of
benzene
Benzene is an Organic compound, organic chemical compound with the Chemical formula#Molecular formula, molecular formula C6H6. The benzene molecule is composed of six carbon atoms joined in a planar hexagonal Ring (chemistry), ring with one hyd ...
,
ammonia
Ammonia is an inorganic chemical compound of nitrogen and hydrogen with the chemical formula, formula . A Binary compounds of hydrogen, stable binary hydride and the simplest pnictogen hydride, ammonia is a colourless gas with a distinctive pu ...
,
nitrogen oxide
Nitrogen oxide may refer to a binary compound of oxygen and nitrogen, or a mixture of such compounds:
Charge-neutral
*Nitric oxide (NO), nitrogen(II) oxide, or nitrogen monoxide
* Nitrogen dioxide (), nitrogen(IV) oxide
* Nitrogen trioxide (), o ...
,
dichlorodifluoromethane
Dichlorodifluoromethane (R-12) is a colorless gas popularly known by the genericized brand name Freon (as Freon-12). It is a chlorofluorocarbon halomethane (CFC) used as a refrigerant and aerosol spray propellant. In compliance with the Montreal ...
,
sulfuric acid
Sulfuric acid (American spelling and the preferred IUPAC name) or sulphuric acid (English in the Commonwealth of Nations, Commonwealth spelling), known in antiquity as oil of vitriol, is a mineral acid composed of the elements sulfur, oxygen, ...
,
sulfur dioxide
Sulfur dioxide (IUPAC-recommended spelling) or sulphur dioxide (traditional Commonwealth English) is the chemical compound with the formula . It is a colorless gas with a pungent smell that is responsible for the odor of burnt matches. It is r ...
, and
caprolactam
Caprolactam (CPL) is an organic compound with the chemical formula, formula (CH2)5C(O)NH. This colourless solid is a lactam (a cyclic amide) of caproic acid. Global demand for this compound is approximately five million tons per year, and the vast ...
emissions
In 2003, a federal judge in
Newark, New Jersey
Newark ( , ) is the List of municipalities in New Jersey, most populous City (New Jersey), city in the U.S. state of New Jersey, the county seat of Essex County, New Jersey, Essex County, and a principal city of the New York metropolitan area. ...
, ordered the company to perform an estimated $400 million
environmental remediation
Environmental remediation is the cleanup of hazardous substances dealing with the removal, treatment and containment of pollution or contaminants from Natural environment, environmental media such as soil, groundwater, sediment. Remediation may be ...
of chromium waste, citing "a substantial risk of imminent damage to public health and safety and imminent and severe damage to the environment." In 2003, Honeywell paid $3.6 million to avoid a federal trial regarding its responsibility for
trichloroethylene
Trichloroethylene (TCE) is an organochloride with the formula C2HCl3, commonly used as an industrial metal-degreasing solvent. It is a clear, colourless, non-flammable, volatile liquid with a chloroform-like pleasant mild smell and sweet taste. contamination in
Lisle, Illinois
Lisle ( ) is a village in DuPage County, Illinois, DuPage County, Illinois, United States. The population was 22,390 at the 2010 census, and in 2019 the population was recorded to be 23,270. It is a south-western suburb of Chicago in the Illinois ...
. In 2004, the
State of New York
New York, also called New York State, is a state in the northeastern United States. Bordered by New England to the east, Canada to the north, and Pennsylvania and New Jersey to the south, its territory extends into both the Atlantic Ocean and ...
announced that it would require Honeywell to complete an estimated $448 million cleanup of more than 74,000 kg (165,000 lbs) of mercury and other toxic waste dumped into
Onondaga Lake
Onondaga Lake is located in Central New York, immediately northwest of and adjacent to Syracuse, New York. The southeastern end of the lake and the southwestern shore are industrial areas and expressways; the northeastern shore and northwestern ...
in
Syracuse, New York
Syracuse ( ) is a City (New York), city in and the county seat of Onondaga County, New York, United States. With a population of 148,620 and a Syracuse metropolitan area, metropolitan area of 662,057, it is the fifth-most populated city and 13 ...
, from a former Allied Chemical property.
Honeywell established three water treatment plants by November 2014. The chemicals cleanup site removed 7 tons of mercury. In November 2015, Audubon New York gave the Thomas W. Keesee Jr. Conservation Award to Honeywell for its cleanup efforts in “one of the most ambitious environmental reclamation projects in the United States.”
By December 2017, Honeywell completed dredging the lake.
Later in December, the Department of Justice filed a settlement requiring Honeywell to pay a separate $9.5 million in damages, as well build 20 restoration projects on the shore to help repair the greater area surrounding the lake.
In 2005, the state of
New Jersey
New Jersey is a U.S. state, state located in both the Mid-Atlantic States, Mid-Atlantic and Northeastern United States, Northeastern regions of the United States. Located at the geographic hub of the urban area, heavily urbanized Northeas ...
sued Honeywell,
Occidental Petroleum
Occidental Petroleum Corporation (often abbreviated Oxy in reference to its ticker symbol and logo) is an American company engaged in hydrocarbon exploration in the United States and the Middle East as well as petrochemical manufacturing in the ...
, and
PPG to compel cleanup of more than 100 sites contaminated with chromium, a metal linked to lung cancer,
ulcer
An ulcer is a discontinuity or break in a bodily membrane that impedes normal function of the affected organ. According to Robbins's pathology, "ulcer is the breach of the continuity of skin, epithelium or mucous membrane caused by sloughin ...
s, and
dermatitis
Dermatitis is a term used for different types of skin inflammation, typically characterized by itchiness, redness and a rash. In cases of short duration, there may be small blisters, while in long-term cases the skin may become thickened ...
. In 2008, the state of
Arizona
Arizona is a U.S. state, state in the Southwestern United States, Southwestern region of the United States, sharing the Four Corners region of the western United States with Colorado, New Mexico, and Utah. It also borders Nevada to the nort ...
made a settlement with Honeywell to pay a $5 million fine and contribute $1 million to a local air-quality cleanup project, after allegations of breaking water-quality and hazardous-waste laws on hundreds of occasions between 1974 and 2004.
In 2006, Honeywell announced that its decision to stop manufacturing
mercury switch
A mercury switch is an electricity, electrical switch that opens and closes a electrical circuit, circuit when a small amount of the liquid metal mercury (element), mercury connects metal electrodes to close the circuit. There are several differ ...
es had resulted in reductions of more than 11,300 kg (24,900 lb) of
mercury, 2,800 kg (6,200 lb) of lead, and 1,500 kg (3,300 lb) of
chromic acid
Chromic acid is a chemical compound with the chemical formula . It is also a jargon for a solution formed by the addition of sulfuric acid to aqueous solutions of dichromate. It consists at least in part of chromium trioxide.
The term "chromic ...
usage. The largest reduction represents 5% of mercury use in the United States. The EPA acknowledged Honeywell's leadership in reducing mercury use through a 2006 National Partnership for Environmental Priorities (NPEP) Achievement Award for discontinuing the manufacturing of mercury switches.
Carbon footprint
Honeywell reported Total
CO2e emissions (Direct + Indirect) for the twelve months ending 31 December 2020 at 2,248 Kt (-89 /-3.8% y-o-y).
[Alt URL]
Honeywell aims to reach net zero emissions by 2035.
Criticism
On March 10, 2013, ''
The Wall Street Journal
''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscriptio ...
'' reported that Honeywell was one of sixty companies that
shielded annual profits from U.S. taxes. In December 2011, the non-partisan organization
Public Campaign criticized Honeywell International for spending $18.3 million on
lobbying
Lobbying is a form of advocacy, which lawfully attempts to directly influence legislators or government officials, such as regulatory agency, regulatory agencies or judiciary. Lobbying involves direct, face-to-face contact and is carried out by va ...
and
not paying any taxes during 2008–2010, instead getting $34 million in tax rebates, despite making a profit of $4.9 billion, laying off 968 workers since 2008, and increasing executive pay by 15% to $54.2 million in 2010 for its top five executives.
Honeywell has also been criticized in the past for its manufacture of deadly and maiming weapons, such as
cluster bombs.
Allegations of involvement in Gaza
In June 2024, investigative reports from various sources alleged that Honeywell's manufactured components were used in a missile that targeted a school in Gaza.
Al Jazeera
Al Jazeera Media Network (AJMN; , ) is a private-media conglomerate headquartered in Wadi Al Sail, Doha, funded in part by the government of Qatar. The network's flagship channels include Al Jazeera Arabic and Al Jazeera English, which pro ...
’s investigation traced the part's serial numbers back to Honeywell, raising concerns about U.S. involvement in these military operations. This attack resulted in numerous civilian casualties, sparking international condemnation. Honeywell has not provided a detailed response regarding these claims.
See also
*
List of Honeywell products and services
*
Top 100 US Federal Contractors
The Top 100 Contractors Report (TCR 100) is a list developed annually by the General Services Administration as part of its tracking of U.S. federal government procurement. It features the "Top 100" contractors with the U.S. government.
In 20 ...
Explanatory notes
References
External links
*
{{authority control
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