HWM 📈 Howmet Aerospace - Overview

Howmet Aerospace Inc, listed on the New York Stock Exchange as HWM, is a leading provider of advanced engineered solutions catering to the aerospace and transportation industries globally, with a presence in key markets including the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and other international locations. The company's operations are diversified across four primary segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels, each designed to address specific needs within the aerospace and transportation sectors.

The Engine Products segment is focused on the development and manufacturing of critical components such as airfoils and seamless rolled rings, which are primarily used in aircraft engines and industrial gas turbines. Additionally, this segment produces rotating and structural parts that are essential for the operation of these engines and turbines. The diversity of products within this segment underscores the company's commitment to supporting the complex needs of the aerospace industry, from commercial aviation to defense applications.

The Fastening Systems segment plays a crucial role in the production of aerospace fastening systems, alongside fasteners for commercial transportation, industrial applications, and other sectors. This segment also manufactures a range of complementary products including latches, bearings, fluid fittings, and installation tools. The breadth of offerings in this segment highlights the company's understanding of the importance of secure, reliable, and efficient fastening solutions across various industries, including aerospace, automotive, and beyond.

The Engineered Structures segment is notable for its provision of high-performance materials and components, including titanium ingots and mill products, aluminum and nickel forgings, and machined components and assemblies. These products are tailored to meet the stringent requirements of aerospace and defense applications, where factors such as strength, durability, and weight are critical. Furthermore, this segment offers specialized services such as titanium forgings, extrusions, and forming and machining services, which are essential for the fabrication of airframe, wing, aero-engine, and landing gear components.

The Forged Wheels segment concentrates on the production of forged aluminum wheels and related products, primarily targeting the heavy-duty trucks and commercial transportation markets. The focus on forged aluminum reflects the industry's shift towards lighter, more durable materials that can enhance fuel efficiency and reduce maintenance needs over time. This segment demonstrates Howmet Aerospace's ability to adapt and innovate in response to evolving market demands and technological advancements.

Originally founded in 1888 and formerly known as Arconic Inc, Howmet Aerospace Inc is headquartered in Pittsburgh, Pennsylvania. With a rich history spanning over a century, the company has navigated significant transformations in the aerospace and transportation industries, continually evolving its product portfolio and service offerings to remain at the forefront of innovation and customer satisfaction. For more information, the company's official website can be accessed at https://www.howmet.com, and its securities are identified by the ISIN US4432011082, classified as common stock within the Aerospace & Defense sub-industry.