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The company is a spinoff of Arconic Corp., the North Shore-based company with roots in the Alle-Kiski Valley that was spun off itself from Alcoa. Howmet supplies parts to both Seattle-based Boeing ...
Howmet Aerospace (NYSE:HWM): Investors might not be as familiar with the aerospace company that was previously a unit of Alcoa. Shares of Howmet hit new 52-week highs after the company reported ...
Howmet CEO John Plant told Bank of America's Global Industrials Conference that the Pittsburgh-based supplier would invest in expanding capacity for customers that will give it long-term business.
It all adds up to strong results. In 2024, Howmet grew revenue 12% year over year and generated nearly $1 billion in free cash flow.The strong cash generation has allowed CEO John Plant to ...