Verified Sep 2026
Diversified Tier 1
·

Pittsburgh, Pennsylvania
·
Since 2020
Howmet Aerospace Inc. (NYSE: HWM) is a Pittsburgh-based global producer of advanced engineered metal components for aerospace, defense, and commercial transportation. It runs four segments, Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels, and reported record 2025 revenue of about $8.3 billion, up 11% year over year, with roughly 25,430 employees across 23 countries.
Howmet Aerospace at a glance
Revenue
$8.3B
FY2025 · up 11% YoY
Employees
~25,430
Year-end 2025 · published
Founded
2020
Independent since Arconic split · wheel heritage 1948
Headquarters
Pittsburgh, Pennsylvania
57 locations · 23 countries
Ownership
Listed
NYSE: HWM
Certifications
AS9100 · NADCAP
Claimed · per segment
Import activity
2,519
US import shipments on record
Known customers
RTX · GE Aerospace
2025 Form 10-K
Industries
Aerospace
Military & Defense
Automotive
Industrial Equipment
Sourcing and import activity
From US customs bill-of-lading records, mostly intra-company
US sea imports
2,519
Most recent shipment
Sep 19, 2026

Shared foreign counterparties do not establish that these companies buy from Howmet Aerospace.
What this tells a buyer
Revenue reached a record $8.3 billion in 2025, up 11% year over year, then accelerated to 24% growth in the second quarter of 2026, driven by commercial aerospace, defense, and gas turbines.
Spares climbed to about 21% of revenue in 2025, up from roughly 17% in 2024, a higher-margin stream that follows the installed fleet rather than new-build rates.
In 2026 the company acquired Consolidated Aerospace Manufacturing for about $1.8 billion and divested a Savannah disk forging plant for about $230 million, concentrating capital in higher-growth fastening and engine work.
Source: US customs bill-of-lading records and public filings · Last verified Sep 27, 2026
STABILITY SIGNALS
Established & strong
Record $8.3 billion revenue in FY2025, up 11% year over year, with a 24.8% operating income margin and $1.5 billion net income.
NYSE-listed since its 2020 separation from Arconic, reducing debt while returning $300 million per quarter to shareholders in 2026.
Holds current AS9100 and NADCAP certifications across its aerospace segments, supplying RTX and GE Aerospace as its two largest customers.
What Howmet Aerospace makes
Howmet Aerospace is a global producer of advanced engineered metal components for aerospace, defense, and commercial transportation, organized into four reportable segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels. Its parts sit on the hardest-working surfaces of a modern aircraft, the hot section of a jet engine and the load paths of an airframe, where material science and precision manufacturing decide whether a component performs and passes qualification.
Engine Products makes airfoils, seamless rolled rings, disks, and forgings for aircraft engines and industrial gas turbines, using vacuum-melted superalloys, performance coatings, and hot isostatic pressing for next-generation engine programs. Engineered Structures produces titanium aero ingots and mill products alongside multi-material airframe structures, combining casting, forging, extruding, hot forming, and machining. Fastening Systems holds the number one global position in aerospace fastening systems and is the North American leader in commercial transportation fasteners, with multi-material fasteners found nose to tail on aircraft and engines. Forged Wheels, which invented the forged aluminum truck wheel in 1948, is the global market leader in forged aluminum heavy-duty truck wheels under the Alcoa Wheels brand. As an OEM supplier operating at Tier 1 to the engine makers and airframers, Howmet's work runs deep into qualified production programs.
Financial performance
Howmet reported record full-year 2025 revenue of approximately $8.3 billion, up 11% from $7.4 billion in 2024, driven by growth in commercial aerospace of 12%, defense aerospace of 21%, and gas turbines of 25%. Operating income margin was 24.8% for 2025, up 280 basis points year over year, and net income was $1.5 billion ($3.71 per share) versus $1.2 billion ($2.81 per share) in 2024. Spares grew to roughly 21% of total revenue in 2025, up from about 17% in 2024, a higher-margin mix that tracks the installed fleet rather than new build rates.
Growth accelerated into 2026. Second-quarter 2026 revenue reached $2.55 billion, up 24% year over year (21% organic), with six-month revenue of $4.86 billion, up 22%, and adjusted EBITDA margin of 32.1%. The company deployed $300 million to common stock repurchases in each of the first two quarters of 2026, raised its dividend 25% to $0.10 per share in early 2025, and has been reducing debt, the balance-sheet posture of a business generating strong free cash flow through an aerospace up-cycle. These are figures the company publishes as a public issuer.
Ownership and history
Howmet Aerospace is a Delaware corporation headquartered in Pittsburgh, Pennsylvania, and trades on the New York Stock Exchange under the ticker HWM. It became an independent public company on April 1, 2020, when it separated from Arconic Corporation and took the Howmet name, a name carried from decades of investment-casting heritage. The Forged Wheels business traces to 1948, when it produced the first forged aluminum truck wheel and effectively created that industry. At the end of 2025 the company employed approximately 25,430 people across 57 locations in 23 countries. Executive Chairman and Chief Executive Officer John C. Plant leads the company, with Patrick Winterlich as EVP and Chief Financial Officer and segment presidents Merrick Murphy (Engine Products), Vagner Finelli (Fastening Systems), Johan Wall (Engineered Structures), and Randall Scheps (Forged Wheels).
The portfolio moved in 2026. Howmet completed the acquisition of Consolidated Aerospace Manufacturing (CAM) for approximately $1.8 billion on April 6, 2026, and closed the Brunner acquisition, both adding revenue to Fastening Systems. It also divested a disk forging facility in Savannah, Georgia for approximately $230 million in March 2026, following a stated strategy of allocating capital to higher-growth, higher-margin businesses.
Certifications and quality
Howmet publishes AS9100 and NADCAP certifications for its operating units, with separate quality-certification directories for Engine Products, Fastening Systems, and Engineered Structures on its own site. AS9100 is the aerospace quality-management standard built on ISO 9001, and NADCAP accredits the special processes, heat treating, coatings, welding, nondestructive testing, that aerospace primes require of their supply base. For a company whose parts must survive the hot section of a turbine, current process accreditation is the entry ticket to the programs it serves, and Howmet reports holding it across segments.
Known customers
Howmet supplies the major engine makers and airframers under long-term programs. Its two largest relationships are disclosed in its public filings.
Customer | Evidence | Confidence | As of |
|---|---|---|---|
RTX Corporation | Represented approximately 11% of third-party sales, 2025 Form 10-K | Documented | 2025 |
GE Aerospace | Represented approximately 11% of third-party sales, 2025 Form 10-K | Documented | 2025 |
Beyond these two named concentrations, Howmet states it is under contract to supply components for a range of existing and new commercial, general aviation, and military aircraft and aircraft engine programs. Individual platform assignments are generally not broken out in public disclosure.
Sourcing evidence
Howmet appears in US customs bill-of-lading records with roughly 2,519 import shipments on record and a most recent shipment dated September 19, 2026. The named foreign shippers are largely Howmet's own overseas entities, including Howmet Kofem in Hungary, Howmet Aerospace Components, and Firth Rixson Metals, which means most of this volume is intra-company movement from its own international plants rather than a third-party sourcing signal. That is the expected pattern for a vertically integrated metals manufacturer that melts, forges, and machines inside its own network.
Coverage caveats: these are US ocean-freight records only. Air, truck, and rail movements do not appear; some records name freight intermediaries rather than manufacturers; and product categories come from declared manifest codes, which are noisy. Absence of a record is not evidence of absence.
Frequently asked questions
What does Howmet Aerospace make?
Howmet Aerospace makes advanced engineered metal components for aerospace, defense, and commercial transportation across four segments: Engine Products (airfoils, rings, disks, and forgings for jet engines and gas turbines), Fastening Systems (aerospace and transportation fasteners), Engineered Structures (titanium products and airframe structures), and Forged Wheels (forged aluminum truck wheels).
Who owns Howmet Aerospace?
Howmet Aerospace is a publicly traded company listed on the New York Stock Exchange under the ticker HWM. It became independent on April 1, 2020, when it separated from Arconic Corporation. It has no parent company; its shares are held by public investors.
What is Howmet Aerospace's revenue?
Howmet reported record full-year 2025 revenue of approximately $8.3 billion, up 11% from $7.4 billion in 2024, with an operating income margin of 24.8% and net income of $1.5 billion. First-half 2026 revenue was $4.86 billion, up 22% year over year.
Where is Howmet Aerospace headquartered?
Howmet Aerospace is headquartered at 201 Isabella Street, Pittsburgh, Pennsylvania. At the end of 2025 it operated 57 locations across 23 countries and employed approximately 25,430 people.
Who are Howmet Aerospace's customers?
Howmet's largest disclosed customers are RTX Corporation and GE Aerospace, each representing approximately 11% of 2025 third-party sales per its Form 10-K. The company supplies components for a broad range of commercial, general aviation, and military aircraft and aircraft engine programs.
What certifications does Howmet Aerospace hold?
Howmet publishes AS9100 and NADCAP certifications for its operating units, with separate quality-certification directories for Engine Products, Fastening Systems, and Engineered Structures on its site. AS9100 is the aerospace quality-management standard and NADCAP accredits aerospace special processes.
Last verified September 27, 2026. Is this your company? Request a correction.
Latest news
Sep 2026
Reuters reported Howmet's CEO is comfortable with GE Aerospace's engine-parts sourcing plans and is working to meet strong demand.
Aug 2026
Howmet Aerospace reported second-quarter 2026 results, with revenue up sharply on commercial aerospace, defense, and gas-turbine demand.
Apr 2026
Howmet closed its roughly $1.8 billion acquisition of Consolidated Aerospace Manufacturing, per an SEC 8-K filing.
Refreshed weekly · updated Sep 29, 2026
Leadership

John C. Plant
Executive Chairman and Chief Executive Officer

Patrick Winterlich
EVP and Chief Financial Officer

Merrick Murphy
President, Engine Products

Vagner Finelli
President, Fastening Systems
Location & contact
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