Aerospace M&A Deal Valued at $1.8 Billion

Howmet Aerospace has entered into a definitive agreement to purchase Consolidated Aerospace Manufacturing (CAM), the aerospace division of Stanley Black & Decker, for approximately $1.8 billion. CAM provides critical fasteners, fittings, and other engineered components for the aerospace and defense industries. The transaction is expected to close in the first half of 2026. According to AeroTime, CEO John C. Plant stated that the acquisition will allow Howmet to better serve its customers with a broader offering of mission-critical fastening solutions. Meanwhile, Stanley Black & Decker plans to utilize the net cash proceeds to reduce debt and achieve its target leverage ratio.