Morrison Buys into Honeywell Aerospace Amid Industry Growth
Kelly Louise Morrison, representative of Minnesota's 3rd congressional district, has acquired common stocks from Honeywell Aerospace Inc. (HONAV) through her investment vehicle Trust 2.
The transaction took place on June 29, 2026, and was reported to the Legislative Resource Center on July 6, 2026.
The shares were valued between $15,001 and $50,000 as per the Periodic Transaction Report. This investment is a result of a spinoff from Honeywell International Inc. (NYSE:HON), which has resulted in Honeywell Aerospace now carrying a market capitalization of $64.8 billion with annual revenue of $17.7 billion.
Morrison's acquisition highlights the continued interest of congress members in the aerospace industry and underscores the potential impact of corporate spinoffs on investment strategies.