Will Increased Military Spending Fuel Howmet's Defense Aerospace Gains?

Key Takeaways HWM's defense aerospace revenues jumped 19% in Q1 2025, fueled by strong demand for engine spares. Defense sales rose 36% in Engineered Structures, lifting the segment's revenues by 8% year over year. The $852.2B U.S. defense budget for FY25 marks a 3.3% increase, supporting HWM's contract opportunities.Howmet Aerospace Inc. (HWM) is benefiting from the expanding defense budget, which remains a key growth catalyst for it. In the first quarter of 2025, revenues from the defense aerospace mark ...