Honeywell International Inc. (HON) has been actively following its business transformation strategy that aims to unlock values for its shareholders. The company recently announced that it has made significant progress on the possible spinoff of its Aerospace business. It will provide an update on the same when it reports its fourth-quarter 2024 earnings.In October 2023, HON declared its plan to realign its business segments to three megatrends, which are automation, the future of aviation and energy transit ...