News, appointments, promotions for November/December 2025

Honeywell updates business restructuring

PHOTOS COURTESY OF RESPECTIVE COMPANIES

In October, Honeywell officials gave an update of the planned business segment separation. Since December 2023, Honeywell acted to drive organic growth and simplify its portfolio. Explained in a February press release, Honeywell announced its intent to pursue a full separation of its Aerospace Technologies business, expected in the second half of 2026. A few months earlier, Honeywell revealed a plan to spin off its Advanced Materials business into an independent, U.S. publicly traded company, which it completed ahead of schedule, creating Solstice Advanced Materials.

Beginning in January 2026, Honeywell’s reporting segments will be Aerospace Technologies, Building Automation, Industrial Automation, and Process Automation and Technology. Aerospace Technologies will continue as a Honeywell business segment until its separation, on track for 2H 2026.

As an independent company, Honeywell Aerospace will be one of the largest publicly traded, purely aerospace suppliers, with technology and systems aimed at developing the future of aviation through increasing electrification and flight autonomy. Honeywell Aerospace’s technology and solutions are used on commercial and defense aircraft worldwide and include propulsion, cockpit and navigation systems, and auxiliary power systems.

“Building on its legacy of shaping the future of aviation, Honeywell Aerospace is poised to further solidify its position as a leader in commercial aerospace, defense, and space markets as it transforms its business in this next chapter as a standalone company,” says Honeywell Chairman and CEO Vimal Kapur. The Honeywell Aerospace business posted $15 billion in annual revenue in 2024, according to the company.

After spinning off the Aerospace Technologies business, Honeywell will consist of three business segments: Building Automation, Industrial Automation, and Process Automation and (Process) Technology.

Kapur says, “The wealth of data we now have access to from our massive global installed base is unprecedented in the industrial sector – and today, we are evolving to unlock the power of that data to help our customers solve their most complex challenges.”  https://www.honeywell.com

Appointments, promotions, new hires

Textron Inc. named Danny Maldonado president & CEO of the Bell segment, effective Jan. 4, 2026. Maldonado, currently Bell’s chief commercial officer (CCO), will succeed Lisa Atherton, who was recently appointed as president & CEO of Textron Inc.

Prior to his role as CCO, Maldonado led Textron Financial Corp. as president & CEO for nine years and, before that, served as Bell’s EVP of sales and marketing. He joined Textron in  1990. https://bellflight.com; https://www.textron.com

The National Center for Defense Manufacturing and Machining (NCDMM), in collaboration with America Makes, appointed Megan Malara, Ph.D., as director of the new Youngstown (Ohio) Innovation Hub for Aerospace and Defense.

Previously, she served as Director of the Medical Modeling, Materials, and Manufacturing (M4) Division at The Ohio State University’s Center for Design and Manufacturing Excellence (CDME). She also served as a Legislative Fellow in the U.S. Congress through the AAAS Science & Technology Policy Fellowship, and served on The Minerals, Metals and Materials Society’s (TMS) Public & Government Affairs Committee. https://www.americamakes.us; https://www.ncdmm.org

Solar Atmospheres of California welcomes Eric Cavenee to its Western Region Outside Sales team. Cavenee brings more than 15 years of experience in metals distribution, with a strong focus on aerospace and high-performance alloys. He will support customers across the western United States specializing in advanced vacuum furnace technology. https://solaratm.com

Lyndex-Nikken, manufacturer of machine tool accessories and machine tending solutions, appointed Michael Ricketts as product manager - Automation, and Dwayne Perkins as service manager - Rotary Tables.

Ricketts brings more than 25 years’ experience in industrial automation. He will lead efforts to advance the company’s workholding and machine tending product lines.

Perkins joins the company with extensive global experience in CNC equipment. Starting his journey in machining at age 14 at the Edison Technical and Occupational Center, his career spans automotive, medical, and aerospace manufacturing. https://www.lyndexnikken.com