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In the news release, Honeywell Aerospace commences exchange offer, issued 13-Jul-2026 by Honeywell Aerospace Inc. over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows:

Correction: Honeywell Aerospace commences exchange offer

PHOENIX, July 13, 2026 /PRNewswire/ -- Honeywell Aerospace Inc. ("Honeywell Aerospace," Nasdaq: HONA) commenced today an offer to exchange (the "Exchange Offer") certain of its outstanding unregistered notes for new registered notes.

Under the Exchange Offer, Honeywell Aerospace is offering to exchange up to:

(i) $1,250,000,000 aggregate principal amount of new 3.900% Senior Notes due 2028;

(ii) $1,250,000,000 aggregate principal amount of new 4.000% Senior Notes due 2029;

(iii) $500,000,000 aggregate principal amount of new Floating Rate Senior Notes due 2029;

(iv) $2,000,000,000 aggregate principal amount of new 4.300% Senior Notes due 2031;

(v) $1,750,000,000 aggregate principal amount of new 4.600% Senior Notes due 2033;

(vi) $3,250,000,000 aggregate principal amount of new 4.950% Senior Notes due 2036;

(vii) $1,000,000,000 aggregate principal amount of new 5.622% Senior Notes due 2046;

(viii) $3,500,000,000 aggregate principal amount of new 5.732% Senior Notes due 2056; and

(ix) $1,500,000,000 aggregate principal amount of new 5.852% Senior Notes due 2066

(collectively, the "Exchange Notes"), the issuance of which has been registered under the Securities Act of 1933, as amended (the "Securities Act"), for a like principal amount of its unregistered outstanding

(i) $1,250,000,000 aggregate principal amount of 3.900% Senior Notes due 2028;

(ii) $1,250,000,000 aggregate principal amount of 4.000% Senior Notes due 2029;

(iii) $500,000,000 aggregate principal amount of Floating Rate Senior Notes due 2029;

(iv) $2,000,000,000 aggregate principal amount of 4.300% Senior Notes due 2031;

(v) $1,750,000,000 aggregate principal amount of 4.600% Senior Notes due 2033;

(vi) $3,250,000,000 aggregate principal amount of 4.950% Senior Notes due 2036;

(vii) $1,000,000,000 aggregate principal amount of 5.622% Senior Notes due 2046;

(viii) $3,500,000,000 aggregate principal amount of 5.732% Senior Notes due 2056; and

(ix) $1,500,000,000 aggregate principal amount of 5.852% Senior Notes due 2066

(collectively, the "Outstanding Notes"). The terms of the Exchange Notes offered in the Exchange Offer are substantially identical to the terms of the respective series of the Outstanding Notes, except that the Exchange Notes will be registered under the Securities Act, and certain transfer restrictions and registration rights relating to the Outstanding Notes will not apply to the Exchange Notes.

The purpose of the Exchange Offer is to fulfill Honeywell Aerospace's obligations under the applicable registration rights agreement entered into in connection with the issuance of the Outstanding Notes. Honeywell Aerospace will not receive any proceeds from the Exchange Offer.

The Exchange Offer will expire at 5:00 p.m. New York City time, on August 10, 2026, unless extended (such date and time, as may be extended, the "Expiration Date"). The settlement date for the Exchange Offer will occur promptly following the Expiration Date. The terms of the Exchange Offer and other information relating to Honeywell Aerospace are set forth in a prospectus dated July 13, 2026 (the "Prospectus"), a copy of which has been filed with the Securities and Exchange Commission (the "SEC"). Honeywell Aerospace has not authorized any person to provide information other than as set forth in the Prospectus.

Additional information

Copies of the Prospectus governing the Exchange Offer can be obtained from the exchange agent, Deutsche Bank Trust Company Americas, by email to db.reorg@db.com, or by phone at +1-800-735-7777. The Prospectus and other documents filed by Honeywell Aerospace with the SEC are also available free of charge at the SEC's website at www.sec.gov.

This press release is for informational purposes only and does not constitute a prospectus. This press release is neither an offer to exchange or sell, nor a solicitation of an offer to buy or exchange, the Exchange Notes. The Exchange Offer is made solely pursuant to the Prospectus, including any supplements thereto, which contains important information that should be read carefully before any decision is made with respect to the Exchange Offer. The Exchange Offer is not being made to holders in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky, or other laws of such jurisdiction.

Honeywell Aerospace uses our Investor Relations website, investor.honeywellaerospace.com, as a means of disclosing information which may be of interest or material to our investors and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our Investor Relations website, in addition to following our press releases, SEC filings, public conference calls, webcasts, and social media.

Offering restrictions

This press release does not constitute an offer to purchase or exchange any securities or the solicitation of an offer to buy or exchange any securities, nor does it constitute an invitation to participate in the Exchange Offer in any jurisdiction in which, or to any person to or from which, it is unlawful to make such invitation or for there to be such participation under applicable securities laws. No offering of securities shall be made except by means of the Prospectus. The distribution of this press release in certain jurisdictions may be restricted by law. Persons into whose possession this press release or the Prospectus comes are required to inform themselves about, and to observe, any such restrictions.

About Honeywell Aerospace

Honeywell Aerospace (Nasdaq: HONA) is an independent global aerospace and defense company whose critical technologies are broadly deployed on the world's leading commercial air transport, business aviation, defense and space platforms. These integrated solutions enable safer, more efficient, and more reliable missions. Headquartered in Phoenix, Arizona, the company employs more than 36,000 people globally and supports more than 10,000 customers. With a broad portfolio spanning avionics and navigation systems, engines and power systems, and control systems for aircraft, Honeywell Aerospace combines commitment and deep engineering expertise to drive innovation and long-term value for the aerospace industry. For more information, visit www.honeywellaerospace.com or follow Honeywell Aerospace on LinkedIn.

Forward-looking statements and other disclaimers

Certain statements in this release are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about Honeywell Aerospace's business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Honeywell Aerospace undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Honeywell Aerospace's SEC filings, including, but not limited to, the risk factors and Cautionary Note Regarding Forward-Looking Statements set forth in these filings.

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SOURCE Honeywell Aerospace Inc.

Honeywell analysis and MIT Center for Sustainability Science and Strategy modeling project annual savings of up to $225 billion in production costs for oil-based fuels, $80 billion in LNG alone, by 2050, using AI-enabled technologies

CHARLOTTE, N.C., June 24, 2026 /PRNewswire/ -- Honeywell (NASDAQ: HON), in collaboration with the MIT Center for Sustainability Science and Strategy, today released new research titled Accelerating Energy Expansion, which shows that digital and AI-enabled technologies can significantly reduce the cost of fuel production annually, citing applications across traditional oil-based fuels and LNG.

The report addresses three focus areas and the supporting policies needed to help achieve energy security and affordability: increasing energy supply, efficiently managing demand, and diversifying energy resources and feedstocks.

"Meeting the world's growing energy needs will require both investment in new technologies to broaden feedstock options and more efficient use of today's energy infrastructure," said Ken West, President and CEO of Honeywell Process Technology. "Honeywell is helping customers apply AI, automation, digital and connected solutions to help get more out of their existing assets while also increasing reliability and throughput. The MIT analysis highlights the significant cost-reduction opportunities AI-enabled technologies can unlock in fuel production, which is top of mind for consumers and policymakers alike as we navigate increasingly complex geopolitical dynamics."

"Energy demand is rising quickly, and many organizations are looking for practical ways to add power without waiting years for new generation to come online," said Jim Masso, President and CEO of Honeywell Process Automation. "On-site power generation and energy storage can help operators add capacity where it's needed most, helping to support the growing demands of AI infrastructure and reduce reliance on already stretched grids. As a result, this enables them to scale more quickly and efficiently."

Based on Honeywell analysis and modeling by the MIT Center for Sustainability Science and Strategy, key themes and findings revealed through the research include:

Digital Technologies, Including AI, Help Increase Energy Supply and Reduce Production Costs

• Energy producers are increasingly using physical AI to improve efficiency, reliability and performance across existing infrastructure.
  
   
• When applied to traditional oil-based fuels, AI-enabled technologies can reduce global annual production costs by up to $55 billion within five years of application, and up to $225 billion by 2050.
  
  
  
  
• For LNG, global production costs could be reduced by $15 billion annually after applying AI-based technologies for five years, and up to $80 billion by 2050. If applied in the U.S. alone, for example, this could help reduce LNG prices by 1.1% by 2050; and, if applied globally, long-term LNG prices could be reduced by 4.5%.

Scaling Power for a New Era of Energy Demand Begins with Improving Existing Infrastructure

• With rising electricity demand creating new challenges for energy infrastructure, improving the efficiency and performance of existing infrastructure may be one of the fastest ways to add available energy supply while enabling improved affordability and energy security as longer-term fuel generation projects are developed. 
  
  
  
  
• On-site energy production can help heavy energy users increase supply by adding power faster, improving reliability and supporting AI infrastructure growth. Conventional gas-turbine solutions for this purpose currently face permitting and equipment delays, making emerging technologies like fuel-cell-based systems more attractive, as they can be deployed quickly and with lower carbon emissions.
  
  
  
  
• Intelligent energy storage technology can also help address energy demand and resilience through improving grid flexibility and reliability by managing periods of peak demand. By shifting energy to align with periods of high demand, battery energy storage can reduce the need for costly incremental grid and additional fuel generation investments while helping operators manage growing electricity loads more effectively.

Achieving Regional Energy Security by Diversifying Energy Resources with Alternative Fuels

• Meeting rising energy demand and addressing energy security will require adding new sources, such as sustainable aviation fuel, to the energy mix at a faster rate.
  
   
• Technology will play a central role in advancing regional energy security. By creating fuels from a broad range of local feedstocks, regions can make good use of abundantly available biomass, waste oils and non-edible crops for scalable fuel solutions.
  
  
  
  
• Developing resilient regional energy infrastructure helps countries reduce reliance on imports and protects against geopolitical volatility.

The Accelerating Energy Expansion report was released at Honeywell's 2026 Future of Energy Summit, an annual event that brings together industry leaders, policymakers and technology experts to discuss strategies for strengthening energy security, affordability and competitiveness while meeting growing global energy demand.

About Honeywell

Honeywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology, that help make the world smarter and safer as well as more secure and sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.

Media Contact:

Melissa Volin

1-980-502-9330

melissa.volin@honeywell.com

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SOURCE Honeywell