Honeywell CEO Vimal Kapur says Iran war and AI growth are increasing demand for its automation and aerospace products.
The company’s 2025 split of automation and aerospace divisions, announced earlier, remains unchanged but now expects higher defense‑related demand.
Elliott Investment Management, a 2024 stakeholder, supported the split, and the automation unit will target $2‑$3 billion acquisitions.
Aerospace unit will finalize its separation next month under CEO Jim Currier, while Kapur stays to lead automation.