Honeywell Aerospace Gears Up for Independence: Jim Currier Named CEO in Landmark Move
PHOENIX, AZ – March 11, 2025 – The aerospace industry is buzzing today with the announcement that Honeywell Aerospace is taking a significant step towards becoming a standalone entity. Honeywell, the US multinational conglomerate, has appointed Jim Currier as the Chief Executive Officer of the soon-to-be independent Honeywell Aerospace, a move signaling a major restructuring and a fresh chapter for the aviation giant. This is breaking news that will reshape the competitive landscape of aerospace suppliers, and Archyde is bringing you the details.
Leadership Transition & Spin-Off Details
Currier, previously CEO of Honeywell Aerospace Technologies since 2023, brings a wealth of experience to the role. His nearly two decades with Honeywell have seen him lead key divisions, including Electronic Solutions and the Aftermarket organization across Europe, the Middle East, Africa, and India. Craig Arnold will serve as President of Honeywell Aerospace and, upon completion of the spin-off – expected in the second half of 2026 – will transition to a non-executive Chairman of the board. Arnold will join Honeywell’s board immediately, ensuring a smooth handover.
A $15 Billion Powerhouse Takes Flight
The independent Honeywell Aerospace is projected to be one of the largest publicly traded aerospace suppliers globally, boasting revenues exceeding $15 billion in 2024. This isn’t just a corporate reshuffling; it’s the creation of a focused, agile company poised to capitalize on the growing demand for advanced aerospace technologies. The company’s technology is already deeply embedded in virtually every commercial and defense aircraft platform worldwide, with leading positions in critical areas like propulsion systems, cockpit avionics, navigation, and auxiliary power units.
Why This Matters: The Future of Aerospace Innovation
Spin-offs like this are becoming increasingly common as large conglomerates seek to unlock value by allowing individual businesses to operate with greater autonomy and focus. For Honeywell Aerospace, this means a dedicated strategy centered on innovation and responsiveness to the rapidly evolving aerospace market. Consider the current trends: sustainable aviation fuels, electric aircraft, and increasingly sophisticated autonomous systems. An independent Honeywell Aerospace will be better positioned to invest heavily in these areas and compete effectively with specialized players. This move also allows investors to more directly assess and invest in the performance of the aerospace business, potentially driving further growth.
Phoenix, Arizona: The New Home Base
The newly independent company will be headquartered in Phoenix, Arizona, a strategic location that offers access to a skilled workforce and a thriving aerospace ecosystem. Arizona has become a hub for aerospace manufacturing and research, attracting companies and talent from across the globe. This decision underscores Honeywell Aerospace’s commitment to long-term growth and innovation within the United States.
Staying Ahead with Archyde: Your Source for Aerospace News
The appointment of Jim Currier and the impending spin-off of Honeywell Aerospace represent a pivotal moment for the industry. Archyde will continue to provide in-depth coverage of this story, tracking the company’s progress and analyzing the broader implications for the aerospace sector. For the latest SEO-optimized Google News updates and insightful analysis, bookmark Archyde.com and stay informed. The future of flight is taking shape, and we’ll be here to document every step of the journey.
