Key Takeaways HWM's commercial transportation revenues fell 9% in the first half of 2025.Softer OEM builds in Forged Wheels and higher aluminum costs pressured results.Strong demand in aerospace and defense, including F-35 spares, supports HWM.Howmet Aerospace Inc. (HWM) has been grappling with softness in its commercial transportation market. In the first six months of 2025, revenues from the commercial transportation market declined 9% on a year-over-year basis. The drop was primarily due to softer origin ...