Howmet Aerospace Inc.

Howmet Aerospace Inc. engineers and manufactures specialized components for the aerospace, defense, commercial transportation, and industrial gas turbine sectors. The company operates through four primary segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels. Its offerings include rotating and structural jet engine castings, seamless rolled rings, advanced coatings, titanium extrusions, titanium mill products, precision forgings, multi-material aerospace fasteners, and forged aluminum wheels. Howmet delivers these components directly and via distributors to commercial airlines, aerospace original equipment manufacturers, airframe prime contractors, military defense programs, fleet operators, and power generation entities.

Headquartered in Pittsburgh, Pennsylvania, the corporation maintains global operations across 19 countries and employs approximately 25,430 people in 23 countries. Its primary manufacturing and machining facilities are located throughout North America, Europe, Asia, Australia, and North Africa, including sites in the United States, Canada, Mexico, France, the United Kingdom, Germany, Hungary, Japan, China, and Morocco.

Summary of the business section of Howmet Aerospace's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

“The second largest workforce of approximately 730 employees within our Engineered Structures and Forged Wheels segments is covered under a five-year collective bargaining agreement between Howmet and the UAW at our Cleveland, Ohio location, which expires in February 2029.”