Honeywell Aerospace will become a separate company with its headquarters still in Phoenix, officials confirmed after details of its parent company's breakup were announced Thursday morning.

Two months after Honeywell International hinted it would follow the lead of an activist investor calling for it to split up its businesses, the company now intends to spin off several units into ...

Honeywell Aerospace will remain headquartered in Phoenix after being spun off from Honeywell International. The tax-free spinoff will result in three separate, publicly listed companies ...