Honeywell Is Ready to Talk About Missiles as Aerospace Spinoff Nears
The company’s defense business will make up roughly 40% of sales after a planned breakup.
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One of the problems with Honeywell International Inc.’s conglomerate structure was that the company was always trying to tell too many stories at once about its various businesses and therefore struggling to get proper credit for them. But there were also stories it didn’t really tell at all, including being a crucial supplier for missiles and munitions.