Strength in Aerospace Market Drives Howmet: Will the Momentum Last?
Key Takeaways HWM's defense aerospace revenue rose 19% in Q1 2025, making up 17% of its total sales. F-35 engine spares and fighter jet part orders drove a 36% defense boost in Engineered Structures. The $852.2B U.S. defense budget for FY25 supports continued growth in HWM's defense aerospace market.Howmet Aerospace Inc.’s (HWM) defense aerospace market is playing an important role in driving its overall growth. In the first quarter of 2025, the company’s revenues from the defense aerospace market jumped ...