Workflow
Carpenter Technology Announces GICS Aerospace & Defense Sector Reclassification
CarpenterCarpenter(US:CRS) Globenewswireยท2025-09-17 12:00

Core Viewpoint - Carpenter Technology Corporation has been reclassified under the Global Industry Classification Standard (GICS) to Aerospace & Defense, effective September 30, 2025, which is expected to enhance visibility with sector-focused investors and better reflect the company's earnings power and growth trajectory [1][2][3]. Company Overview - Carpenter Technology is a leading provider of advanced alloy solutions for various applications in commercial aerospace and defense, indicating a strong strategic position and revenue concentration in these markets [3]. - The company specializes in high-performance specialty alloy materials and process solutions for critical applications across aerospace, defense, and medical sectors, showcasing its evolution since its founding in 1889 [4].