What Happened
Aerospace Supplier Posts Strong Quarterly Results Amid Industry Growth
Howmet Aerospace reported a 29% year-over-year increase in revenue to $2.70 billion for the third quarter of 2026, driven by strong growth in its commercial aerospace, defense, and gas turbine segments. Adjusted earnings per share rose 54% to $1.46, while the company’s board authorized a $5 billion increase to its share repurchase program. This expansion reflects the company’s confidence in its financial performance and future growth prospects. The quarterly results were reported by IndexBox.