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Strength in Aerospace Market Drives Howmet: Will the Momentum Last?
ZACKS· 2025-07-14 15:36
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 ...
Will Increased Military Spending Fuel Howmet's Defense Aerospace Gains?
ZACKS· 2025-06-18 16:26
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 ...