Howmet Aerospace Benefits From Business Strength Amid Headwinds
Howmet Aerospace(HWM) ZACKS·2025-01-15 22:46
The strongest driver of Howmet Aerospace Inc.’s (HWM) business at the moment is the commercial aerospace market. The strength in air travel continues, with wide-body aircraft demand picking up, supporting continued OEM spending. Increased usage of aircraft has been driving demand for parts and products that the company provides, which has been again driving its sales. Revenues from the commercial aerospace market increased 17% year over year in the third quarter of 2024, constituting more than 50% of its bu ...