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Howmet Gains From Strength in Commercial Aerospace Market Amid Risks
HWMHowmet Aerospace(HWM) ZACKS·2024-12-17 23:25

Howmet Aerospace Inc. (HWM) has been benefiting from solid momentum in the commercial aerospace market, driven by robust build rates and wide-body aircraft recovery. The strength in air travel continues, with wide-body aircraft demand remaining high, supporting continued OEM spending. Pickup in air travel has been positive for the company as the increased usage of aircraft spurs spending on parts and products that it provides, which drives sales. Revenues from the commercial aerospace market increased 17% y ...