What Happened
Defense Aerospace Momentum Boosts Revenue Growth
Howmet Aerospace Inc. is experiencing solid momentum in its defense aerospace market, with revenues from this segment surging 10.2% year over year in the first six months of 2026. The company’s Engine Products segment saw a significant boost, with revenues climbing 30.4% year over year, driven by demand for engine spares, particularly related to the F-35 program. Howmet has raised its 2026 guidance, anticipating revenues of $10.00-$10.10 billion, supported by solid demand in both the defense and commercial aerospace markets. This article originally published on Zacks Investment Research, as reported by The Globe and Mail.