Howmet Aerospace
Howmet Aerospace (NYSE: HWM) manufactures advanced engineered components for aerospace and transportation, including jet engine parts, aerospace fasteners, airframe structures, and forged aluminum wheels, serving OEMs Boeing, Airbus, Lockheed Martin, GE Aerospace, and major commercial truck makers.
- Company typePublic
- Founded2020
- HeadquartersPittsburgh, United States
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Howmet Aerospace does
Howmet Aerospace Inc. (NYSE: HWM), headquartered in Pittsburgh, Pennsylvania, is a publicly traded advanced engineered components manufacturer serving the aerospace and commercial transportation industries. The company was created on April 1, 2020 when Arconic Inc. separated from Arconic Corporation, and was subsequently rebranded from Arconic Inc. to Howmet Aerospace. It operates four reporting segments: Engine Products (jet engine blades, vanes, and structural components, approximately $4.3 billion in 2025 revenue with 33.3% adjusted EBITDA margin), Fastening Systems (precision aerospace fasteners and fluid fittings, approximately $1.7 billion in 2025 revenue with 30.4% adjusted EBITDA margin), Engineered Structures (titanium and aluminum airframe structural components including F-35 parts, approximately $1.1 billion in 2025 revenue), and Forged Wheels (aluminum wheels for commercial trucks and trailers under the Alcoa Wheels brand, approximately $1.0 billion in 2025 revenue). Its technology base centers on advanced metallurgy in aluminum, titanium, and nickel-based superalloys, supported by approximately 1,170 granted and pending patents covering proprietary thermal barrier coatings, hot isostatic pressing (HIP), and precision manufacturing processes.
Howmet sells directly to major aerospace OEMs (Boeing, Airbus), engine manufacturers (GE Aerospace, Honeywell Aerospace, Raytheon Technologies/Pratt & Whitney), defense contractors (Lockheed Martin for the F-35 program, which represents approximately 45% of defense aerospace revenue), and commercial truck OEMs. The business model is direct enterprise sales under multi-year supply agreements, with pricing incorporating a Raw Material Surcharge (RMS) mechanism that adjusts for alloy price movements by grade and form. The company maintains a globally distributed manufacturing and sales footprint across 13 countries and serves end markets including commercial aerospace (approximately 53% of Q4 2025 revenue), defense aerospace (approximately 17%), industrial gas turbines (a growing segment benefiting from data center power demand), and commercial transportation. Aftermarket spares contributed approximately 21% of FY2025 revenue and grew approximately 33% year-over-year, providing a more recurring revenue stream tied to the global installed base.
In FY2025, Howmet generated record revenue of approximately $8.3 billion (up 11% YoY), record adjusted EBITDA of over $2.4 billion (up 26% YoY), record free cash flow of $1.43 billion (93% conversion of net income), and ended the year with net debt/EBITDA of approximately 1.0x. Q1 2026 revenue of $2.31 billion grew 19% YoY with adjusted EPS up 42% to $1.22 and adjusted EBITDA margin of 32.0%, prompting management to raise FY2026 revenue guidance to approximately $9.65 billion. The company is led by Executive Chairman and CEO John C. Plant, holds an investment-grade credit rating (A-/BBB+), and has executed two acquisitions in 2026: Brunner Manufacturing ($120 million, February 2026) and Consolidated Aerospace Manufacturing from Stanley Black & Decker ($1.8 billion, April 2026), both expanding the fastener portfolio.
Howmet Aerospace firmographics
Firmographics- Name
- Howmet Aerospace
- Legal name
- Howmet Aerospace Inc.
- Website
- https://howmet.com
- Company type
- Public
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Howmet Aerospace (NYSE: HWM) manufactures advanced engineered components for aerospace and transportation, including jet engine parts, aerospace fasteners, airframe structures, and forged aluminum wheels, serving OEMs Boeing, Airbus, Lockheed Martin, GE Aerospace, and major commercial truck makers.
- Ownership category
- akta.pro rank
Howmet Aerospace industry classification
Industry- Product category
- Aerospace Engine and Structural Components
- NAICS
- Aircraft Engine and Engine Parts Manufacturing (336412), Aerospace Product and Parts Manufacturing (3364), Other Aircraft Parts and Auxiliary Equipment Manufacturing (336413)
- SIC
- Aircraft & Parts (3720), Aircraft Engines & Engine Parts (3724)
- akta.pro primary industry
- Engine Modules & Hot-Section Components (Compressors/Turbines/Combustors) (IMABADAJ)
- akta.pro secondary industries
- Aerospace Fasteners & Hardware (IMABANAA), Metal Airframe Structures & Machined Parts (IMABAEAC)
Keywords
Where Howmet Aerospace is headquartered
LocationHeadquarters
- HQ city
- Pittsburgh
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
Howmet Aerospace business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure
Revenue model
- Engine Products: Revenue from jet engine components including blades, vanes, and structural parts for commercial and defense aerospace applications, as well as industrial gas turbines. This is the largest segment contributing approximately $4.3 billion in 2025 revenue.
- Fastening Systems: Revenue from aerospace fastening systems including precision fasteners, fluid fittings, and other engineered products for aerospace and defense applications. Contributed approximately $1.7 billion in 2025 revenue.
- Engineered Structures: Revenue from airframe structural components including titanium and aluminum parts for commercial and defense aerospace platforms. Contributed approximately $1.1 billion in 2025 revenue.
- Forged Wheels: Revenue from forged aluminum wheels for commercial transportation (trucks and trailers). Contributed approximately $1.0 billion in 2025 revenue.
- Aftermarket/Spares: Revenue from spare parts for jet engines and aerospace components. Spares growth was robust at approximately 33% for full year 2025, representing approximately 21% of total revenue.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Raw Material Surcharge (RMS) pricing adjusts based on alloy type and product form |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels5 records
Howmet Aerospace product offering
Product offeringCore offering
Howmet Aerospace manufactures advanced engineered components for the aerospace, defense, and commercial transportation industries through four operating segments: Engine Products (jet engine blades, vanes, and structural parts), Fastening Systems (precision aerospace fasteners and fluid fittings), Engineered Structures (titanium and aluminum airframe components), and Forged Wheels (aluminum wheels for commercial trucks and trailers). The company produces these components using advanced aluminum, titanium, and nickel-based alloys and proprietary processes such as Hot Isostatic Pressing and thermal barrier coatings, supplied primarily to major aerospace OEMs and defense contractors under long-term contracts.
Product overview
Howmet Aerospace is a leading global provider of advanced engineered solutions for the aerospace and transportation industries. The company's portfolio consists of four core segments operating as an integrated platform: Engine Products (jet engine components including blades and vanes), Fastening Systems (aerospace fasteners and hardware), Engineered Structures (airframe structural components), and Forged Wheels (aluminum wheels for commercial transportation). The company leverages approximately 1,170 granted and pending patents to deliver differentiated technologies that enable lighter, more fuel-efficient aircraft and commercial trucks. Recent acquisitions including Consolidated Aerospace Manufacturing (CAM) and Brunner Manufacturing have expanded the fastening systems portfolio.
Differentiator
Problem solved
Functional benefit
Brands
- Alcoa Wheels: Lightweight forged aluminum wheel solutions for commercial transportation
- Howmet Engine Systems
- Howmet Structure Systems
- Howmet Fastening Systems
- Howmet Wheel Systems
- Flite-Tite Fasteners
Products and services
- Engine Products
Quantifiable outcome
- Q1 2026 revenue up 19% year-over-year to $2.31 billion
- +5 more outcomes
Companies that use Howmet Aerospace
Customer profileNamed customers7 records
Segments4 records
Ideal customer profiles4 records
Howmet Aerospace technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Howmet Aerospace partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and supporting.
- Stanley Black & DeckercoreHowmet Aerospace acquired Consolidated Aerospace Manufacturing (CAM) from Stanley Black & Decker for approximately $1.8 billion in April 2026. The acquisition enhances Howmet's aerospace fasteners portfolio and positions the company to expand in the aerospace market. CAM was a wholly owned subsidiary of Stanley Black & Decker.
- Brunner Manufacturing Co. Inc.supportingHowmet Aerospace acquired privately held Brunner Manufacturing Co. Inc. in February 2026 for approximately $120 million. The acquisition complements product offerings and enhances growth opportunities in industrial fasteners.
Scale indicators24 records
Recent moves7 records
Expansion highlights5 records
Howmet Aerospace competitors and assessment
Company assessmentDirect peers
- Precision Castparts Corp (PCC): Berkshire Hathaway subsidiary that is the closest direct competitor to Howmet's Engine Products, producing investment-cast superalloy blades, vanes, and structural components for jet engines. Highly comparable in customer base (Boeing/Airbus/GE/Rolls), materials expertise, and product mix.
- Allegheny Technologies (ATI): Specialty materials producer of nickel-based alloys, titanium, and powder alloys used in jet engines and airframes. Competes with Howmet in aerospace materials and selectively in finished components for the same OEM customers.
- TransDigm Group: Aerospace components supplier serving the same OEM and aftermarket customers as Howmet. While focused more on proprietary mission-critical systems than raw castings, it competes for share of wallet on fastener and structural subassemblies and runs a comparable high-margin aerospace model.
- Hexcel Corporation: Advanced composites supplier for commercial aerospace and defense airframes and engines. Comparable to Howmet's Engineered Structures segment in serving airframe structural applications for Boeing, Airbus, and military platforms.
- Carpenter Technology Corporation: Producer of specialty alloys including titanium and nickel-superalloys for aerospace engine and airframe applications. Overlaps with Howmet's advanced materials business and supplies many of the same engine OEM customers.
- Curtiss-Wright Corporation: Aerospace and defense supplier of engineered components and systems, including structural parts and fasteners for defense aerospace. Overlaps with Howmet's defense aerospace and fastening systems exposure.
Broad incumbents
- Spirit AeroSystems: Major aerostructures Tier-1 supplier producing fuselage, wing, and propulsion structures for Boeing and Airbus. Operates at a higher level of assembly than Howmet's structural components but competes for the same airframe structural content on key platforms.
- Safran SA: European aerospace propulsion and equipment OEM (LEAP, CFM, etc.) that both supplies and competes with Howmet in jet engine component content. Comparable in advanced materials and propulsion technologies, but operates as a prime/engine integrator rather than a pure component supplier.
Emerging players
- Triumph Group: Aerospace structures and systems supplier focused on aerostructures, mechanical components, and aftermarket services. Comparable to Howmet's Engineered Structures segment but smaller scale; competes for similar airframe structural content.
- Moog Inc. Aerospace motion control and components supplier serving commercial and military aircraft programs. Adjacent to Howmet's component portfolio with partial overlap in defense aerospace and fastening-related subsystems.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Howmet Aerospace social profiles
Digital presenceHowmet Aerospace compliance and trust
Trust signalCompliance3 records
Howmet Aerospace financial estimates
Financial estimateRevenue estimate
Valuation estimate
Howmet Aerospace leadership team
Management profileNumber of profiles
Profiles6 records
Howmet Aerospace subsidiaries and ownership
Company hierarchySubsidiaries2 records
Howmet Aerospace funding detail
Funding detailFunding overview
Funding rounds3 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Howmet Aerospace M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Howmet Aerospace
What does Howmet Aerospace do?
Howmet Aerospace manufactures advanced engineered components for the aerospace, defense, and commercial transportation industries through four operating segments: Engine Products (jet engine blades, vanes, and structural parts), Fastening Systems (precision aerospace fasteners and fluid fittings), Engineered Structures (titanium and aluminum airframe components), and Forged Wheels (aluminum wheels for commercial trucks and trailers). The company produces these components using advanced aluminum, titanium, and nickel-based alloys and proprietary processes such as Hot Isostatic Pressing and thermal barrier coatings, supplied primarily to major aerospace OEMs and defense contractors under long-term contracts.
Is Howmet Aerospace a public or private company?
Howmet Aerospace is a public company. It is classified as public and is currently operating.
When was Howmet Aerospace founded?
Howmet Aerospace was founded in 2020. It employs 5,001 to 10,000 people.
Where is Howmet Aerospace based?
Howmet Aerospace is headquartered in Pittsburgh, United States, in the North America region.
How does Howmet Aerospace make money?
Five revenue lines are on record. Engine Products are the primary driver. The others are fastening Systems, engineered Structures, forged Wheels and aftermarket/Spares.
Who are Howmet Aerospace's main competitors?
Direct peers on record are Precision Castparts Corp (PCC), Allegheny Technologies (ATI), TransDigm Group, Hexcel Corporation, Carpenter Technology Corporation and Curtiss-Wright Corporation. Broad incumbents are Spirit AeroSystems and Safran SA. Emerging players are Triumph Group and Moog Inc..
Does Howmet Aerospace have an API?
No public API is recorded for Howmet Aerospace.
What industry is Howmet Aerospace in?
Howmet Aerospace's product category is Aerospace Engine and Structural Components. Its primary akta.pro industry code is IMABADAJ, Engine Modules & Hot-Section Components (Compressors/Turbines/Combustors), with a secondary code of IMABANAA, Aerospace Fasteners & Hardware. Its NAICS code is 336412 and its SIC code is 3720.